The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward
Hudson, Richard L.
ISBN 10: 1846682622 ISBN 13: 9781846682629
Published by Profile Books, 2008
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WorldofBooks, Goring-By-Sea, WS, United Kingdom
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About this Item
Description:
The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Seller Inventory # GOR002309760
Synopsis:
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.
About the Authors:
Benoit Mandelbrot was Professor of Mathematical Sciences at Yale University. He was the inventor of fractal geometry, a leading figure in James Gleick's Chaos and has received the Wolf Prize in Physics, the Japan Prize in science and technology and numerous other awards.
Richard L. Hudson is a former managing editor of Wall Street Journal Europe.
"About this title" may belong to another edition of this title.
Bibliographic Details
Title: The (Mis)Behaviour of Markets: A Fractal ...
Publisher: Profile Books
Publication Date: 2008
Binding: Paperback
Condition: Very Good
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The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward
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The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward
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ISBN 10: 1846682622
ISBN 13: 9781846682629
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Soft cover. Condition: New. Photos included in listing. About the book: Fractal geometry is the mathematics of roughness: how to reduce the outline of a jagged leaf, a rocky coastline or a static in a computer connection to a few simple mathematical properties - to make the complex simple. With his fractal tools, Benoit Mandelbrot has got to the bottom of how financial markets really work. He finds they have a shifting sense of time, a unique dimension and a wild kind of behaviour that makes them volatile, dangerous - and also beautiful. In Mandelbrot's fractal models, the complex gyrations of IBM's stock price, the FTSE 100 cotton trading and exchange rates can be reduced to straightforward formulae that yield a much more accurate description of the risks involved. Seller Inventory # 474
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The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward
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ISBN 10: 1846682622
ISBN 13: 9781846682629
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(Mis)behaviour of Markets : A Fractal View of Risk, Ruin and Reward
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The (Mis)Behaviour of Markets
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Paperback. Condition: New. Main. 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. Seller Inventory # LU-9781846682629
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(Mis)behaviour of Markets : A Fractal View of Risk, Ruin and Reward
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