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Fractals and Scaling in Finance : Discontinuity, Concentration, Risk :  Discontinuity, Concentration, Risk - Benoit B. Mandelbrot

Fractals and Scaling in Finance : Discontinuity, Concentration, Risk

Discontinuity, Concentration, Risk

By: Benoit B. Mandelbrot, P.H. Cootner, R.E. Gomory (Foreword by)

Hardcover | 1 January 1997 | Edition Number 1997

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This is the first book in the Selecta, the collected works of Benoit Mandelbrot. This volume incorporates his original contributions to finance and is a major contribution to the understanding of how speculative prices vary in time. The chapters consist of much new material prepared for this volume, as well as reprints of his classic papers. Much of this work helps to lay a foundation for evaluating risks in trading strategies.

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."

Industry Reviews

From the reviews
"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."

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