Benoit Mandelbrot Richard Hudson The Misbehavior of Markets (Paperback)

Description: Further DetailsTitle: The Misbehavior of MarketsCondition: NewSubtitle: A Fractal View of Financial TurbulenceISBN-10: 0465043577EAN: 9780465043576ISBN: 9780465043576Publisher: Basic BooksFormat: PaperbackRelease Date: 03/07/2006Description: Mathematical superstar and inventor of fractal geometry, Benoit Mandelbrot, has spent the past forty years studying the underlying mathematics of space and natural patterns. What many of his followers don't realize is that he has also been watching patterns of market change. In The (Mis)behaviour of Markets , Mandelbrot joins with science journalist and former Wall Street Journal editor Richard L. Hudson to reveal what a fractal view of the world of finance looks like. The result is a revolutionary reevaluation of the standard tools and models of modern financial theory. Markets, we learn, are far riskier than we have wanted to believe. From the gyrations of IBM's stock price and the Dow, to cotton trading, and the dollar-Euro exchange rate- Mandelbrot shows that the world of finance can be understood in more accurate, and volatile, terms than the tired theories of yesteryear.The ability to simplify the complex has made Mandelbrot one of the century's most influential mathematicians. With The (Mis)behaviour of Markets , he puts the tools of higher mathematics into the hands of every person involved with markets, from financial analysts to economists to 401(k) holders. Markets will never be seen as "safe bets" again.Language: EnglishCountry/Region of Manufacture: USItem Height: 232mmItem Length: 152mmItem Width: 28mmItem Weight: 380gAuthor: Benoit Mandelbrot, Richard HudsonGenre: Business & FinanceRelease Year: 2006 Missing Information?Please contact us if any details are missing and where possible we will add the information to our listing.

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Location: 60502

End Time: 2025-01-03T06:31:11.000Z

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