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The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward de Richard L. Hudson

Descripción - Críticas Mandelbrot is acknowledged as the father of chaos theory ... he is, simply, very clever indeed. (Sunday Telegraph)The reader gets a clear picture of the history of finance theory ... the best financial read (Financial Times)Entertainingly written ... this book is a brain-opener that adds hugely to our sum of knowledge. (Director) Reseña del editor This international bestseller, which foreshadowed a market crash, explains why it could happen again if we don't act now. Fractal geometry is the mathematics of roughness: how to reduce the outline of a jagged leaf or static in a computer connection to a few simple mathematical properties. With his fractal tools, Mandelbrot has got to the bottom of how financial markets really work. He finds they have a shifting sense of time and wild behaviour that makes them volatile, dangerous - and beautiful. In his models, the complex gyrations of the FTSE 100 and exchange rates can be reduced to straightforward formulae that yield a much more accurate description of the risks involved. Biografía del autor Benoit Mandelbrot is Sterling Professor of Mathematical Sciences at Yale University. Richard L. Hudson is a former managing editor of Wall Street Journal Europe.

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Detalles del Libro

• Name: The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward
  
• Autor: Richard L. Hudson
  
• Categoria: Libros,Ciencias, tecnología y medicina,Matemáticas
  
• Tamaño del archivo: 10 MB
  
• Tipos de archivo: PDF Document
  
• Idioma: Español
  
• Archivos de estado: AVAILABLE
  

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