Chaos and order in the capital markets: a new view of cycles, prices, and market volatility
- New York John Wiley & Sons 1991
- xii,240p 24 cm; Hard Bound
$49.95
1. Introduction: Life Can Be So Complicated -- 2. Random Walks and Efficient Markets -- 3. The Failure of the Linear Paradigm -- 4. Markets and Chaos: Chance and Necessity -- 5. Introduction to Fractals -- 6. The Fractal Dimension -- 7. Fractal Time Series -- Biased Random Walks -- 8. R/S Analysis of the Capital Markets -- 9. Fractal Statistics -- 10. Fractals and Chaos -- 11. Introduction to Nonlinear Dynamic Systems -- 12. Dynamic Analysis of Time Series -- 13. Dynamic Analysis of the Capital Markets -- 14. The Coherent Market Hypothesis -- 15. Fractional Truth: Fuzzy Logic and Behavioral Finance -- 16. Applying Chaos and Nonlinear Methods -- 17. What Lies Ahead: Toward a More General Approach --
Presenting new analytical techniques, as well as reexamining methods that have been in use for the past forty years, Chaos and Order offers a thorough examination of chaos theory and fractals as applied to investments and economics. This new edition includes timely examples from today's markets and descriptions of cutting-edge technologies - genetic algorithms, wavelets, complexity theory - and hot innovations, such
978-0471533726
Capital Markets Economics Capital market--Mathematical models Futures market--Mathematical models