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Fractals and multifractals in ecology and aquatic science
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ISBN: 9780849327827 0849327822 Year: 2010 Publisher: Boca Raton (Fla.): CRC,

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Gaussian self-affinity and fractals : Globality, the earth, 1/f noise and R/S
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ISBN: 0387989935 Year: 2001 Publisher: New York : Springer,

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Complexus mundi : emergent patterns in nature
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ISBN: 1281919357 9786611919351 9812774211 9789812774217 9781281919359 9789812566669 981256666X Year: 2006 Publisher: Singapore ; Hackensack, N.J. : World Scientific,

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The dynamics of complex systems can clarify the creation of structures in Nature. This creation is driven by the collective interaction of constitutive elements of the system. Such interactions are frequently nonlinear and are directly responsible for the lack of prediction in the evolution process. The self-organization accompanying these processes occurs all around us and is constantly being rediscovered, under the guise of a new jargon, in apparently unrelated disciplines. This volume offers unique perspectives on aspects of fractals and complexity and, through the examination of compleme


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Multifractal volatility : theory, forecasting, and pricing
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ISBN: 1281795321 9786611795320 0080559964 0121500136 9780080559964 9780121500139 Year: 2008 Publisher: Burlington, MA ; London : Academic Press,

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Calvet and Fisher present a powerful, new technique for volatility forecasting that draws on insights from the use of multifractals in the natural sciences and mathematics and provides a unified treatment of the use of multifractal techniques in finance. A large existing literature (e.g., Engle, 1982; Rossi, 1995) models volatility as an average of past shocks, possibly with a noise component. This approach often has difficulty capturing sharp discontinuities and large changes in financial volatility. Their research has shown the advantages of modelling volatility as subject to abrupt regime c

Multifractals and 1/f noise : wild self-affinity in physics (1963-1976) : selecta volume N
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ISBN: 0387985395 1461274346 1461221501 9780387985398 Year: 1999 Publisher: New York : Springer,

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Certain noises, many aspects of turbulence, and almost all aspects of finance exhibit a level of temporal and spatial variability whose "wildness" impressed itself vividly upon the author, Benoit Mandelbrot, in the early 1960's. He soon realized that those phenomena cannot be described by simply adapting the statistical techniques of earlier physics, or even extending those techniques slightly. It appeared that the study of finance and turbulence could not move forward without the recognition that those phenomena represented a new second stage of indeterminism. Altogether new mathematical tools were needed. The papers in this Selecta volume reflect that realization and the work that Dr. Mandelbrot did toward the development of those new tools.

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