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Peer reviewedSullivan, Edward J.; Weithers, Timothy M. – Journal of Economic Education, 1991
Observes that, before 1973, determining a valuation formula for option prices was an elusive goal of financial economics. Discusses Louis Bachelier's early twentieth-century work on the problem. Notes that Bachelier derived a normal distribution for stock price movements by modeling price changes in specific way. Reviews Bachelier's option pricing…
Descriptors: Cost Indexes, Economic Research, Economics Education, Educational History
Download full textGaumnitz, W.H. – Bureau of Education, Department of the Interior, 1929
The training, the tenure, and the professional status of teachers and other professional workers in the rural schools of America are to a large degree circumscribed by the rewards offered, both financial and social. It has long been recognized in a general way that such rewards in rural schools are meager in comparison with those in urban schools…
Descriptors: Teacher Education, Public School Teachers, Educational Trends, Comparative Analysis
