The Misbehavior of Markets: A Fractal View of Financial Turbulence (Paperback)

The Misbehavior of Markets: A Fractal View of Financial Turbulence Cover Image
$24.99
Ships from Warehouse, Usually in 1-8 Days

Description


The (Mis)Behavior of Markets offers a revolutionary reevaluation of the tools and models of modern financial theory. From the gyrations of the Dow to the dollar-euro exchange rate, mathematical superstar and inventor of fractal geometry Benoit Mandelbrot shows how to understand the volatility of markets in far more accurate terms than the failed theories that have brought the financial system to the brink of disaster. Updated with a new preface on the financial crisis of 2008, Mandelbrot's insights are more valuable than ever.

About the Author


Benoit B. Mandelbrot is Sterling Professor Emeritus of Mathematical Sciences at Yale University and a Fellow Emeritus at IBM's Thomas J. Watson Laboratory. The inventor of fractal geometry, he has received the Wolf Prize in Physics, the Japan Prize in science and technology, and awards from the U.S. National Academy of Sciences, the IEEE, and numerous universities in the U.S. and abroad. His many books include Fractals: Form, Chance and Dimension, which was later expanded into the classic The Fractal Geometry of Nature. He lives in Cambridge, Massachusetts. 

Richard L. Hudson was the managing editor of the Wall Street Journal's European edition for six years, and a Journal reporter and editor for more than two decades. He is a graduate of Harvard University and a former Knight Fellow of MIT. Now the CEO and editor of Science Publishing Ltd., he lives in Brussels, Belgium.

Praise For…


“The deepest and most realistic finance book ever published.”—Nassim Nicholas Taleb


Product Details
ISBN: 9780465043576
ISBN-10: 0465043577
Publisher: Basic Books
Publication Date: March 7th, 2006
Pages: 368
Language: English
Front facade of University Press Books

From 1974, University Press Books has stoked the blaze of well over ten thousand minds on fire, carrying new scholarship published by the great university presses in the English-speaking world.

For more than 45 years, UPB operated out of our address at 2430 Bancroft Way in Berkeley. We're presently operating on line only. We have in sight opening an in-person service counter within the Musical Offering in late 2021. Sign up to our mailing list for word on dates when this and other changes may happen.

Order from us. Let well-wrought words churn and burn within.