Description
Book SynopsisThis edition includes developments in chaos theory, with new chapters that tie in with innovations such as fuzzy logic, neural nets and artificial intelligence as they relate to finance.
Table of ContentsTHE NEW PARADIGM.
Introduction: Life Can Be So Complicated.
Random Walks and Efficient Markets.
The Failure of the Linear Paradigm.
Markets and Chaos: Chance and Necessity.
FRACTAL STRUCTURE IN THE CAPITAL MARKETS.
Introduction to Fractals.
The Fractal Dimension.
Fractal Time Series-Biased Random Walks.
R/S Analysis of the Capital Markets.
Fractal Statistics.
Fractals and Chaos.
NONLINEAR DYNAMICS.
Introduction to Nonlinear Dynamic Systems.
Dynamic Analysis of Time Series.
Dynamic Analysis of the Capital Markets.
LIVING WITH COMPLEXITY.
The Coherent Market Hypothesis.
Fractional Truth: Fuzzy Logic and Behavioral Finance.
Applying Chaos and Nonlinear Methods.
What Lies Ahead: Toward a More General Approach.
About the Diskette.
Appendices.
Bibliography.
Glossary.
Index.
