书目

The (Mis)behavior of Markets

内容简介

BenoitB.Mandelbrot，oneofthecentury'smostinfluentialmathematicians，isworld-famousformakingmathematicalsenseofafacteverybodyknowsbutthatgeometersfromEuclidondownhadneverassimilated：Cloudsarenotround，mountainsarenotcones，coastlinesarenotsmooth.Totheseclassiclineswecannowaddanotherexample：Marketsarenotthesafebetyourbrokermayclaim.Inhisfirstbookforageneralaudience，Mandelbrot，withco-authorRichardL.Hudson，showshowthedominantwayofthinkingaboutthebehaviorofmarkets-asetofmathematicalassumptionsacenturyoldandstilllearnedbyeveryMBAandfinancierintheworld-simplydoesnotwork.AshedidforthephysicalworldinhisclassicTheFractalGeometryofNature，Mandelbrothereusesfractalgeometrytoproposeanew，moreaccuratewayofdescribingmarketbehavior.ThecomplexgyrationsofIBM'sstockpriceandthedollar-euroexchangeratecannowbereducedtostraightforwardformulaethatyieldafarbettermodelofhowriskytheyare.Withhisfractaltools，Mandelbrothasgottentothebottomofhowfinancialmarketsreallywork，andindoingso，hedescribesthevolatile，dangerous(andstrangelybeautiful)propertiesthatfinancialexpertshaveneverbeforeaccountedfor.Theresultisnolessthanthefoundationforanewscienceoffinance.

作者简介

BenoitB.MandelbrotisSterlingProfessorofMathematicalSciencesatYaleUniversityandaFellowEmeritusatIBM'sThomasJ.WatsonLaboratory.Heistheinventoroffractalgeometry,whosemostfamousexample,theMandelbrotSet,hasbeenreplicatedonmillionsofposters,T-shirts,andrecordalbums.HewasaleadingfigureinJamesGleick'sChaosandhasreceivedtheWolfPrizeinPhysics,theJapanPrizeinscienceandtechnology,andawardsfromtheU.S.NationalAcademyofSciences,theIEEE,andnumerousuniversitiesintheU.S.andabroad.HisbooksincludeFractals:Form,ChanceandDimension,whichwaslaterexpandedintotheclassicTheFractalGeometryofNature,whichhassoldmorethan200,000copies.Thisishisfirstbookforlayreadersonfinance,asubjecthehasstudiedsincethe1960s.HelivesinScarsdale,NewYork.RichardL.HudsonwasthemanagingeditoroftheWallStreetJournal'sEuropeaneditionforsixyears,andaJournalreporterandeditorfortwenty-fiveyears.Heisa1978graduateofHarvardUniversityanda1991KnightFellowofMIT.HelivesinBrussels,Belgium.,,,

其他版本

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