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.
Yazar hakkında
Richard L. Hudson is a former managing editor of Wall Street Journal Europe.
Dil İngilizce ● Biçim EPUB ● Sayfalar 352 ● ISBN 9781847651556 ● Dosya boyutu 5.5 MB ● Yayımcı Profile ● Kent London ● Ülke GB ● Yayınlanan 2010 ● İndirilebilir 24 aylar ● Döviz EUR ● Kimlik 2421598 ● Kopya koruma Adobe DRM
DRM özellikli bir e-kitap okuyucu gerektirir