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Fractals and Scaling in Finance

Discontinuity, Concentration, Risk. Selecta Volume E

Format: Paperback / softback
Publisher: Springer-Verlag New York Inc., New York, NY, United States
Published: 1st Dec 2010
Dimensions: w 156mm h 234mm d 29mm
Weight: 782g
ISBN-10: 1441931198
ISBN-13: 9781441931191
Barcode No: 9781441931191
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Synopsis
Mandelbrot is world famous for his creation of the new mathematics of fractal geometry. Yet few people know that his original field of applied research was in econometrics and financial models, applying ideas of scaling and self-similarity to arrays of data generated by financial analyses. This book brings together his original papers as well as many original chapters specifically written for this book.

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"Mandelbrot writes with economy and felicity, and he interperses the more mathematical sections with frank historical anecdotes ... All in all, this is a strange but wonderful book." (PHYSICS TODAY)


Statistical Papers, 2000: "... this is a most useful collection of Mandelbrot's work economics, it provides an excellent starting point for anybody interested in the origin of many current topics in empirical finance or the distribution of income."