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Item Details
| Title:
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THE (MIS)BEHAVIOUR OF MARKETS
A FRACTAL VIEW OF RISK, RUIN AND REWARD |
| By: |
Benoit B. Mandelbrot, Richard L. Hudson |
| Format: |
Electronic book text |
| List price:
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£9.99 |
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We believe that this item is permanently unavailable, and so we cannot source
it.
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| ISBN 10: |
1847651550 |
| ISBN 13: |
9781847651556 |
| Publisher: |
PROFILE BOOKS LTD |
| Pub. date: |
1 October, 2010 |
| Translated from: |
English |
| Description: |
From the world-famous inventor of fractal geometry, a revolutionary new theory that turns on its head our understanding of how markets work. |
| 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: |
Non-returnable |
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