Certain noises, many aspects of turbulence, and almost all aspects
of finance exhibit a level of temporal and spatial variability
whose "wildness" impressed itself vividly upon the author, Benoit
Mandelbrot, in the early 1960's. He soon realized that those
phenomena cannot be described by simply adapting the statistical
techniques of earlier physics, or even extending those techniques
slightly. It appeared that the study of finance and turbulence
could not move forward without the recognition that those phenomena
represented a new second stage of indeterminism. Altogether new
mathematical tools were needed. The papers in this Selecta volume
reflect that realization and the work that Dr. Mandelbrot did
toward the development of those new tools.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!