Please note: In order to keep Hive up to date and provide users with the best features, we are no longer able to fully support Internet Explorer. The site is still available to you, however some sections of the site may appear broken. We would encourage you to move to a more modern browser like Firefox, Edge or Chrome in order to experience the site fully.

Supporting your high street Find out how »
The Misbehavior of Markets : A Fractal View of Financial Turbulence, Paperback / softback Book

The Misbehavior of Markets : A Fractal View of Financial Turbulence Paperback / softback

Paperback / softback

Item not Available

Description

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)behaviour 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.

From the gyrations of IBM's stock price and the Dow, to cotton trading, and the dollar-Euro exchange rate- Mandelbrot shows that the world of finance can be understood in more accurate, and volatile, terms than the tired theories of yesteryear.The ability to simplify the complex has made Mandelbrot one of the century's most influential mathematicians.

With The (Mis)behaviour of Markets , he puts the tools of higher mathematics into the hands of every person involved with markets, from financial analysts to economists to 401(k) holders.

Markets will never be seen as "safe bets" again.

Information

£14.99

Item not Available
Item not Available
Sign in to add to wishlist
 
Free Home Delivery

on all orders

 
Pick up orders

from local bookshops

Information