Böcker av Edgar E. Peters

"A fascinating account of one of today's great paradoxes: The irreducible uncertainty that lies at the heart of social and economic order. A perfectly efficient market could not possibly work. Uncertainty reduces risk. Ed Peters takes our most cherished beliefs, tuns them upside down, and convinces us that they're much better that way.

A leading pioneer in the field offers practical applications of this innovative science. Peters describes complex concepts in an easy--to--follow manner for the non--mathematician. He uses fractals, rescaled range analysis and nonlinear dynamical models to explain behavior and understand price movements.

This 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.