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,
“... work. Not long before he died, I interviewed one of Chicago’s Nobel laureates, Merton Miller, for work I’ve been doing on the impact on markets of modern financial economics. ‘Benoit had a great influence on a lot of us,’ Miller told me. In the early 1960s, Mandelbrot was already beginning to assemble a ... ”