The (Mis)Behaviour of Markets
A Fractal View of Risk, Ruin and Reward
Seiten
2008
|
Main
Profile Books Ltd (Verlag)
978-1-84668-262-9 (ISBN)
Profile Books Ltd (Verlag)
978-1-84668-262-9 (ISBN)
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.
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.
Benoit Mandelbrot is Sterling Professor of Mathematical Sciences at Yale University. Richard L. Hudson is a former managing editor of Wall Street Journal Europe.
| Erscheint lt. Verlag | 6.11.2008 |
|---|---|
| Verlagsort | London |
| Sprache | englisch |
| Maße | 128 x 194 mm |
| Gewicht | 238 g |
| Themenwelt | Wirtschaft ► Volkswirtschaftslehre |
| ISBN-10 | 1-84668-262-2 / 1846682622 |
| ISBN-13 | 978-1-84668-262-9 / 9781846682629 |
| Zustand | Neuware |
| Informationen gemäß Produktsicherheitsverordnung (GPSR) | |
| Haben Sie eine Frage zum Produkt? |
Mehr entdecken
aus dem Bereich
aus dem Bereich
Buch | Softcover (2024)
Kohlhammer (Verlag)
CHF 75,60
