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The (Mis)Behaviour of Markets Benoit B. Mandelbrot

The (Mis)Behaviour of Markets By Benoit B. Mandelbrot

The (Mis)Behaviour of Markets by Benoit B. Mandelbrot


$18,99
Condition - Very Good
Only 3 left

Summary

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.

The (Mis)Behaviour of Markets Summary

The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward by Benoit B. Mandelbrot

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.

The (Mis)Behaviour of Markets Reviews

Mandelbrot is acknowledged as the father of chaos theory ... he is, simply, very clever indeed. * Sunday Telegraph *
The reader gets a clear picture of the history of finance theory ... the best financial read * Financial Times *
Entertainingly written ... this book is a brain-opener that adds hugely to our sum of knowledge. * Director *

About Benoit B. Mandelbrot

Benoit Mandelbrot is Sterling Professor of Mathematical Sciences at Yale University. Richard L. Hudson is a former managing editor of Wall Street Journal Europe.

Additional information

GOR002309760
9781846682629
1846682622
The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward by Benoit B. Mandelbrot
Used - Very Good
Paperback
Profile Books Ltd
2008-11-06
352
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - The (Mis)Behaviour of Markets