Fractals and Scaling in Finance: Discontinuity, Concentration, Risk

Author: Benoit Mandelbrot
Publisher: Springer; 1997th edition
Published: September 18, 1997
ISBN: 0387983635
Pages: 561
Language: English

Description

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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