Abstract
In the great depression of the 1930s the economist John Maynard Keynes wrote: ‘We have involved ourselves in a colossal muddle, having blundered in the control of a delicate machine, the workings of which we do not understand.’ In this century the very same machine is far bigger and much more delicate and we continue to struggle desperately to understand just how it works..
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Brief Bibliography Concerning Finance
B. Mandelbrot, Fractals and Scaling in Finance: Discontinuity, Concentration, Risk, Springer-Verlag, 1997.
B. Mandelbrot, Multifractals and 1/f Noise: Wild Self-Affinity in Physics, Springer-Verlag, 1999. Translations in numerous languages.
B. Mandelbrot, L. Calvet & A. Fisher, The Multifractal Model of Asset Returns, Three reports of the Cowles Foundation for Economic Research of Yale University.
B. Mandelbrot & R. L. Hudson, The (Mis)Behaviour of Markets: A Fractal View of Risk, Ruin, and Reward, Basic Books, 2009. Translations in numerous languages.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2010 Springer-Verlag London Limited
About this chapter
Cite this chapter
Mandelbrot, B. (2010). Fractal Financial Fluctuations. In: Lesmoir-Gordon, N. (eds) The Colours of Infinity. Springer, London. https://doi.org/10.1007/978-1-84996-486-9_7
Download citation
DOI: https://doi.org/10.1007/978-1-84996-486-9_7
Published:
Publisher Name: Springer, London
Print ISBN: 978-1-84996-485-2
Online ISBN: 978-1-84996-486-9
eBook Packages: Mathematics and StatisticsMathematics and Statistics (R0)