The (Mis)Behaviour of Markets
The (Mis)Behaviour of Markets
Regular price
Checking stock...
Regular price
Checking stock...
Résumé
From the world-famous inventor of fractal geometry, a revolutionary new theory that turns on its head our understanding of how markets work.
The feel-good place to buy books
- Free delivery in the UK
- Supporting authors with AuthorSHARE
- 100% recyclable packaging
- B Corp - kinder to people and planet
- Buy-back with World of Books - Sell Your Books
The (Mis)Behaviour of Markets by Benoit B Mandelbrot
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.
Entertainingly written.. this book is a brain-opener that adds hugely to our sum of knowledge. * Director *
Surprisingly entertaining ... As the founder of fractal geometry and the discoverer of the Mandelbrot set Mandelbrot is acknowledged as the father of chaos theory ... he is, simply, very clever indeed. -- Martin Baker * Sunday Telegraph *
The reader gets a clear picture of the history of finance theory ... the best financial read since Nassim Nicholas Taleb's Fooled by Randomness. -- Philip Coggan * Financial Times *
One of the 20th century's most celebrated mathematicians ... devastating analysis. * Financial Times *
Surprisingly entertaining ... As the founder of fractal geometry and the discoverer of the Mandelbrot set Mandelbrot is acknowledged as the father of chaos theory ... he is, simply, very clever indeed. -- Martin Baker * Sunday Telegraph *
The reader gets a clear picture of the history of finance theory ... the best financial read since Nassim Nicholas Taleb's Fooled by Randomness. -- Philip Coggan * Financial Times *
One of the 20th century's most celebrated mathematicians ... devastating analysis. * Financial Times *
Richard L. Hudson is a former managing editor of Wall Street Journal Europe.
| SKU | Non disponible |
| ISBN 13 | 9781861977656 |
| ISBN 10 | 1861977654 |
| Titre | The (Mis)Behaviour of Markets |
| Auteur | Benoit B Mandelbrot |
| État | Non disponible |
| Éditeur | Profile Books Ltd |
| Année de publication | 2004-10-14 |
| Nombre de pages | 325 |
| Note de couverture | La photo du livre est présentée à titre d'illustration uniquement. La reliure, la couverture ou l'édition réelle peuvent varier. |
| Note | Non disponible |