The (Mis)Behaviour Of Markets. A Fractal View Of Risk, Ruin, And Reward

Mandelbrot, Benoit B. ; Hudson, Richard L.
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9781846682629
Sinopsis:

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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Peso 0.290000
Nombre del autor Mandelbrot, Benoit B. ; Hudson, Richard L.
Editorial PROFILE BOOKS
Alto 19.80
Ancho 12.90
Año de edición 2008
Formato Rústica
Número de Páginas 352
ISBN 9781846682629
Idioma Inglés
Información de Disponibilidad
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