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The (Mis)Behaviour of Markets
A Fractal View of Risk, Ruin and Reward
Taschenbuch von Benoit B. Mandelbrot (u. a.)
Sprache: Englisch

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Beschreibung
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.
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.
Über den Autor
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.
Details
Erscheinungsjahr: 2008
Fachbereich: Volkswirtschaft
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Inhalt: Kartoniert / Broschiert
ISBN-13: 9781846682629
ISBN-10: 1846682622
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Mandelbrot, Benoit B.
Hudson, Richard L.
Hersteller: Profile Books Ltd
Maße: 199 x 128 x 27 mm
Von/Mit: Benoit B. Mandelbrot (u. a.)
Erscheinungsdatum: 06.11.2008
Gewicht: 0,238 kg
Artikel-ID: 101710782
Über den Autor
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.
Details
Erscheinungsjahr: 2008
Fachbereich: Volkswirtschaft
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Inhalt: Kartoniert / Broschiert
ISBN-13: 9781846682629
ISBN-10: 1846682622
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Mandelbrot, Benoit B.
Hudson, Richard L.
Hersteller: Profile Books Ltd
Maße: 199 x 128 x 27 mm
Von/Mit: Benoit B. Mandelbrot (u. a.)
Erscheinungsdatum: 06.11.2008
Gewicht: 0,238 kg
Artikel-ID: 101710782
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