This is an ex-library book and may have the usual library/used-book markings inside.This book has soft covers. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,350grams, ISBN:9781861977908.

Bestandsnummer des Verk�ufers 5962601

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Bibliografische Details

Titel

The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward

Verlag

Profile Books

Erscheinungsjahr

2005

Sprache

Englisch

ISBN-10

1861977905

ISBN-13

9781861977908

Einband

Softcover

Zustand

Good

Verk�uferkataloge

Business

�ber diesen Titel

Inhaltsangabe

From the world-famous inventor of fractal geometry, a revolutionary new theory that turns on its head our understanding of how markets work. Fractal geometry is the mathematics of roughness: how to reduce the outline of a jagged leaf, a rocky coastline or static in a computer connection to a few simple mathematical properties - to make the complex simple. With his fractal tools, Benoit Mandelbrot has got to the bottom of how financial markets really work. He finds they have a shifting sense of time, a unique dimension and a wild kind of behaviour that makes them volatile, dangerous - and also beautiful. In Mandelbrot's fractal models, the complex gyrations of IBM's stock price, the FTSE 100, cotton trading and exchange rates can be reduced to straightforward formulae that yield a much more accurate description of the risks involved.

�ber die Autorinnen und Autoren

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.

Richard L. Hudson is a former managing editor of Wall Street Journal Europe.

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