eBook - ePub
The (Mis)Behaviour of Markets
A Fractal View of Risk, Ruin and Reward
- 352 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
The (Mis)Behaviour of Markets
A Fractal View of Risk, Ruin and Reward
About this book
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.
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Information
Subtopic
Bookkeeping & BudgetsIndex
BusinessTable of contents
- Cover Page
- Title Page
- Copyright Page
- Table of Contents
- Abstract
- Acknowledgments
- Preface
- Prelude: Introducing a Maverick in Science
- Part I. The Old Way
- Part II. The New Way
- Part III. The Way Ahead
- Notes
- Bibliography
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Yes, you can access The (Mis)Behaviour of Markets by Benoit B. Mandelbrot,Richard L. Hudson in PDF and/or ePUB format, as well as other popular books in Business & Bookkeeping & Budgets. We have over 1.5 million books available in our catalogue for you to explore.