Benoit Mandelbrot (1924 - 2010): A Greek among Romans

In this brief note describes the trajectory of the fractal models/multifractal F/M by Benoit Mandelbrot. The promise was discovered by the geometry of Mandelbrot covers a broad area of research fields, from meteorology and mathematical physics to the individual and collective behavior in society, besides his contributions to the analysis of the financial crisis in his wonderful essay on «The (mis) Behavior of Markets. A fractal view of Risk, Ruin and Reward» (2004). Mandelbrot’s arguments have revealed significant anomalies in the prevailing paradigms. Is this a new paradigm in Kuhn’s sense as stated by the same Mandelbrot?

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Year of publication:	2011-02-25
Authors:	Estrada, Fernando
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Mandelbrot \| Fractals \| Finance \| Financial Markets \| Epistemology \| Thomas Kuhn

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	B10 - History of Economic Thought through 1925. General ; B0 - Schools of Economic Thought and Methodology. General ; B4 - Economic Methodology ; C70 - Game Theory and Bargaining Theory. General ; C7 - Game Theory and Bargaining Theory ; G00 - Financial Economics. General ; G01 - Financial Crises ; D7 - Analysis of Collective Decision-Making ; B16 - History of Economic Thought: Quantitative and Mathematical ; G32 - Financing Policy; Capital and Ownership Structure ; G0 - Financial Economics. General ; B41 - Economic Methodology
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008855239