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    Cover of Fractals and scaling in finance

    Fractals and scaling in finance

    Benoît B. Mandelbrot, Richard L. Hudson · 1997

    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."

    Data & StatisticsEconomics & Finance
    Open LibraryAmazon
    Stats for nerds
    1recommend
    3mentions
    2people
    2010–2022years
    67% recommend33% neutral

    Mentions per year

    2010201220142016201820202022

    What Hacker News says

    1. ANHOct 2010
      His 'Fractals and Scaling In Finance' helped me wrap my brain around power laws. Perhaps if certain folks had read it when it was first published (1997), we would have had less financial turmoil these past few years.
      thread
    2. ANHOct 2010
      Recommended Mandlebrot read: 'Fractals and Scaling In Finance' from 1997. http://www.amazon.com/Fractals-Scaling-Finance-Benoit-Mandel...
      thread
    3. mellavoraSep 2022
      yes, back in 1990-2000. See https://www.econstor.eu/bitstream/10419/40278/1/338823255.pd... though I was thinking of another paper which I couldn't find with a quick google.

      See also Mandelbrot, fractals and scaling in finance, 1997 https://link.springer.com/book/10.1007/978-1-4757-2763-0

      thread

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