What finance theory is based on-- and much of economics is based on-- the idea that people want to maximize the expected utility of their wealth.

金融学理论建立在,并且很多经济学的都是建立在,人们希望能使自己对,财富的期望效用最大化这一基础上

耶鲁公开课 - 金融市场课程节选

Anyway, that shows that I think probability theory does have a long history, but-- it not being an intellectual discipline-- it didn't really inform a generation of finance theory.

不管怎样,这个故事表明概率论,确实有很悠久的历史,但,那时它并非以学科形式存在,也没有对金融理论的产生有过指导意义

耶鲁公开课 - 金融市场课程节选

I think it was the invention of probability theory that really started it and that's why I think theory is very important in finance.

我认为是概率论的诞生,真正促生了保险业,那也是为什么,我认为理论对于金融来说非常重要

耶鲁公开课 - 金融市场课程节选

Then it becomes a theory of-- all of finance comes in as well.

这也形成了一种资金流入的相关理论。

耶鲁公开课 - 金融市场课程节选

That's why we need invention and theory in finance to minimize that.

因此我们需要新的金融发明和理论,来将危机最小化。

耶鲁公开课 - 金融市场课程节选

The institution of insurance is something that really came in--it's one of the earliest-- I consider it a division of finance-- really came in the 1600s when probability theory was invented.

保险机构的出现,我认为这是金融业中,最早的分支之一,大约在17世纪,概率论刚刚诞生

耶鲁公开课 - 金融市场课程节选

So, it was in the 1600s that probability theory started to get written down as a theory and many things then happened in that century that, I think, are precursors both to finance and insurance.

所以直到十七世纪,概率论,才被记录下来,形成理论,并且在那个世纪里诞生了,金融和保险的雏形

耶鲁公开课 - 金融市场课程节选