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Item Details
Title: THE (MIS)BEHAVIOUR OF MARKETS
A FRACTAL VIEW OF RISK, RUIN AND REWARD
By: Benoit B. Mandelbrot, Richard L. Hudson
Format: Paperback

List price: £12.99
Our price: £9.48
Discount:
27% off
You save: £3.51
ISBN 10: 1846682622
ISBN 13: 9781846682629
Availability: Usually dispatched within 1-2 days.
 Delivery rates
Stock: Currently 24 available
Publisher: PROFILE BOOKS LTD
Pub. date: 6 November, 2008
Edition: Main
Pages: 352
Translated from: English
Description: Includes material on the market crisis. This book presents models where 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.
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.
Publication: UK
Imprint: Profile Books Ltd
Returns: Returnable
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