Logotipo librería Marcial Pons

The (mis)behaviour of markets
a fractal view of risk, ruin, and reward

  • ISBN: 9781861977656
  • Editorial: Profile Books Ltd.
  • Lugar de la edición: London. Reino Unido
  • Encuadernación: Cartoné
  • Medidas: 24 cm
  • Nº Pág.: 328
  • Idiomas: Inglés

Papel: Cartoné
37,22 €
Sin Stock. Disponible en 5/6 semanas.


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.


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