328pp. Tips and spine ends are bumped and rubbed. Top edge of rear board is bumped. Edges of jacket have creases. Jacket has heavy scratches. Text is unmarked.

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Detalles bibliogr�ficos

T�tulo

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

Editor

Profile Books LTD, London

Fecha de publicaci�n

2004

ISBN 10

1861977654

ISBN 13

9781861977656

Encuadernaci�n

Hardcover

Edici�n

First Edition.

Estado

Very Good

Estado de la sobrecubierta

Very Good Jacket

Cat�logos de vendedores

Business / Industry / Finance

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Sinopsis

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.

Acerca de los autores

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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Recycled Books & Music
Recycled Books & Music, 2653 S Kinnickinnic Avenue, Milwaukee, WI, 53207, U.S.A.

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