The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin and Reward

R 77.00   R 150.00

Author: Benoit B Mandelbrot and Richard L. Hudson
Publisher: Profile Business (2004)
ISBN-10: 1861977654
ISBN-13: 9781861977656
Condition: Very Good. The DJ has some scratching and light wear  to the edges. Top corners of board slightly bumped with a small nick along the edge of the dust jacket. Else a very good copy.
Binding: Hardcover with dust jacket
Pages: 328
Dimensions: 24 x 16.2 x 3.3 cm

Weight: 0.7 kg

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)Behavior 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.

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