Jules Regnault
Deceased Person
1834 – 1894
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Who was Jules Regnault?
Jules Augustin Frédéric Regnault was a French economist who first suggested a modern theory of stock price changes in Calcul des Chances et Philosophie de la Bourse and used a random walk model. He is also one of the first authors who tried to create a "stock exchange science" based on statistical and probabilistic analysis. His hypotheses were used by Louis Bachelier.
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