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The (Mis)Behaviour of Markets

By Mandelbrot, Benoit B.

The (Mis)Behaviour of Markets Law

The (Mis)Behaviour of Markets

0 - Used - good
Description
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.
Product details
Binding:
Paperback
Edition:
1
Number of Pages:
352
Release Date:
2008-11-06
Publication Date:
2008-11-06
Publisher:
Profile Books Ltd
Languages:
Original: English
ISBN10:
1846682622
ISBN13:
9781846682629
Weight:
238 g
Height:
128 cm
Width:
199 cm
Thickness:
27 cm
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