The Blindfolded Archer
Donald MacKenzie: The stochastic dynamics of market prices, 4 August 2005
The (Mis)behaviour of Markets: A Fractal View of Risk, Ruin and Reward
by Benoit Mandelbrot and Richard Hudson.
Profile, 328 pp., £9.99, September 2005,1 86197 790 5 Show More
by Benoit Mandelbrot and Richard Hudson.
Profile, 328 pp., £9.99, September 2005,
“... sites.) The (Mis)behaviour of Markets, jointly written by Mandelbrot and a financial journalist, Richard Hudson, covers a much less well-known aspect of his work, his contributions to economics. At their core is an apparently esoteric issue that nevertheless has fundamental practical ramifications, intertwined as it is with the fate of pensions and of ... ”