Paramètres
- 288pages
- 11 heures de lecture
En savoir plus sur le livre
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.
Achat du livre
The (mis)Behaviour of Markets, Benoît B. Mandelbrot, Richard L. Hudson
- Langue
- Année de publication
- 2004
- product-detail.submit-box.info.binding
- (rigide)
Modes de paiement
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- Langue
- Anglais
- Éditeur
- Profile
- Publié
- 2004
- Format
- rigide
- Pages
- 288
- ISBN10
- 1861977654
- ISBN13
- 9781861977656
- Séries
- Mots clés
- Nonfiction, Commerce, Affaires & Gestion, Science et Mathématiques, Science, Mathématiques, Économie, Finance, Monnaie
- Évaluation
- 4,05 sur 5
- Description
- 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.