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

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

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The (MIS)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward 2009, Profile Books(GB), London, England

ISBN-13: 9781846682629

Revised edition

Trade paperback