The (Mis)Behaviour of Markets
A Fractal View of Risk, Ruin and Reward
This international bestseller, which foreshadowed a market crash, explains why it could happen again if we don't act now. Fractal geometry is the mathematics of roughness: how to reduce the outline of a jagged leaf or static in a computer connection to a few simple mathematical properties. With his fractal tools, Mandelbrot has got to the bottom of how financial markets really work. He finds they have a shifting sense of time and wild behaviour that makes them volatile, dangerous - and beautiful. In his models, the complex gyrations of the FTSE 100 and exchange rates can be reduced to straightforward formulae that yield a much more accurate d…
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Produktdetails
Weitere Autoren: Hudson, Richard L.
- ISBN: 978-1-84765-155-6
- EAN: 9781847651556
- Produktnummer: 13902415
- Verlag: Profile
- Sprache: Englisch
- Erscheinungsjahr: 2010
- Seitenangabe: 352 S.
- Plattform: EPUB
- Masse: 5'427 KB
Über den Autor
Benoit B. Mandelbrot, Richard L. Hudson
12 weitere Werke von Benoit B. Mandelbrot:
Fractals and Scaling in Finance
A Fractal View of Risk, Ruin and Reward
A Fractal View of Risk, Ruin and Reward
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