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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 |
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 |
Warnhinweis