The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Bachelier, Louis (1870–1946)

  • Benott B. Mandelbrot
Reference work entry


Bachelier was born in Le Havre, France, on 11 March 1870 and died in Saint- Servan-sur-Mer, Ille-et-Vilaine, on 28 April 1946. He taught at Besançon, Dijon and Rennes and was professor at Besançon from 1927 to 1937.


Bachelier, L. Brownian motion Efficient markets Levy, P. Martingales Poincaré, H. Probability Random walk model Speculation Wiener process 

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Benott B. Mandelbrot
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