The (mis)behavior of Markets

The (mis)behavior of Markets

A Fractal View of Financial Turbulence

Book - 2004
Rate this:
"Together with Richard L. Hudson, Benoit Mandelbrot turns a fractal eye to the behavior of financial markets and overturns the "random walk" theory that is the underpinning of all contemporary financial analysis. Markets, we learn, are far riskier than we have wanted to believe." "The ability to simplify the complex has made Mandelbrot one of the century's most influential mathematicians. With his fractal models, the (mis)behavior of the world's markets - from the gyrations of IMB's stock price and the Dow, to cotton trading, and the dollar-Euro exchange rate - can be understood in more accurate terms than the tired theories of yesteryear." "The (Mis)Behavior of Markets is a reevaluation of the standard tools and models of modern financial theory. Mandelbrot's fresh insights explode the false assumptions that have caused millions of investors, traders, and managers to underestimate the real risk, of the market."--Book jacket.
Publisher: New York : Published by Basic Books, [2004], ©2004
ISBN: 9780465043576
0465043577
9780465043552
0465043550
Branch Call Number: 332.01 Ma
Characteristics: xxx, 328 pages : illustrations ; 24 cm
Additional Contributors: Hudson, Richard L.

Related Resources


Opinion

From the critics


Community Activity

Comment

Add a Comment

There are no comments for this title yet.

Age

Add Age Suitability

There are no ages for this title yet.

Summary

Add a Summary

There are no summaries for this title yet.

Notices

Add Notices

There are no notices for this title yet.

Quotes

Add a Quote

There are no quotes for this title yet.

Explore Further

Browse by Call Number

Recommendations

Subject Headings

LibraryThing Series Information


  Loading...

Find it at CRRL

  Loading...
[]
[]
To Top