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

Mandelbrot, Benoit B.; Hudson, Richard L.

Couverture souple

ISBN 10 : 1846682622 ISBN 13 : 9781846682629

Editeur : Profile Books Ltd, 2008

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.

A propos du livre

À propos des auteurs

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.

Détails de l'édition

• Éditeur: Profile Books Ltd
• Date d'édition: 2008
• Langue: anglais
• ISBN 10: 1846682622
• ISBN 13: 9781846682629
• Reliure: Broché
• Nombre de pages: 352
• Coordonnées du fabricant: non disponible
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