Fractal Market Analysis: Applying Chaos Theory to Investment and Economics
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Fractal Market Analysis: Applying Chaos Theory to Investment and Economics
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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. These are specific tools employed by chaos scientists to map and measure physical and now, economic phenomena.