Benoit B. Mandelbrot

The (Mis)Behaviour of Markets

A Fractal View of Risk, Ruin and Reward

Buch

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… Mehr

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Produktdetails

Weitere Autoren: Hudson, Richard L.

ISBN: 978-1-84668-262-9
EAN: 9781846682629
Produktnummer: 4190635
Verlag: Profile Books
Sprache: Englisch
Erscheinungsjahr: 2008
Seitenangabe: 352 S.
Ausstattung: B-Format Paperback
Masse: H19.8 cm x B12.8 cm x D2.2 cm 288 g
Abbildungen: s/w. Abb.
Gewicht: 288

Über den Autor

Benoit Mandelbrot is Sterling Professor of Mathematical Sciences at Yale University. Richard L. Hudson is a former managing editor of Wall Street Journal Europe.