Format:
XIV, 274 S. : graph. Darst.
,
1 Disk.
Edition:
2. ed.
ISBN:
0-471-13938-6
Series Statement:
Wiley finance editions
Content:
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 as fuzzy logic and artificial intelligence
Content:
Beyond the history of current capital market theory, Chaos and Order covers the crucial characteristics of fractals, the analysis of fractal time series through rescaled range analysis (R/S), the specifics of fractal statistics, and the definition and analysis of chaotic systems. It offers an in-depth exploration of random walks and efficient markets - the development of the efficient market hypothesis (EMH) and modern portfolio theory; the linear paradigm - why it has failed; nonlinear dynamic systems - phase space, the Henon Map, Lyapunov exponents; applying chaos and nonlinear methods - neural networks, genetic algorithms; dynamical analysis of time series - reconstructing a phase space, the fractal dimension; and Tonis Vaga's Coherent Market Hypothesis - the theory of social imitation, control parameters, Vaga's implementations
Language:
German
Subjects:
Economics
Keywords:
Kapitalmarkt
;
Chaostheorie
;
Kapitalmarkt
;
Mathematisches Modell
;
Terminmarkt
;
Mathematisches Modell
;
Chaostheorie
;
Kapitalmarkttheorie
;
Chaos
;
Wirtschaftsmathematik
URL:
Publisher description
URL:
http://www.loc.gov/catdir/description/wiley033/96018533.html
URL:
http://www.loc.gov/catdir/bios/wiley041/96018533.html
URL:
Publisher description
URL:
Publisher description
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