Book details
  • The (MIS)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward
     

    The (MIS)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward (eBook) By (author) Benoit B Mandelbrot

    Currently unavailable

    We can notify you when this item is back in stock and you don't have to register

    | Add to wishlist
    Also available in...
    Paperback $15.09

    Short Description for The (MIS)Behaviour of MarketsThis 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 ...
    Full description

Other books

Other people who viewed this bought
Showing items 1 to 10 of 10

 

Full description | Reviews | Bibliographic data

Full description for The (MIS)Behaviour of Markets

  • 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 description of the risks involved.