Download or read book Chaos and Order in the Capital Markets written by Edgar E. Peters and published by John Wiley & Sons. This book was released on 1991 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents the applications of new science in the area of finance and capital markets. The book is addressed to investment professional and interested academics and assumes a firm grounding in capital market theory and elementary statistics. Theories dealt with are "random walk" and the Efficient Market Hypothesis. In the market analysis he comes to the conclusion that the markets should be considered as chaotic systems. It offers the description of fractals, nonlinear dynamic systems and rescaled analysis. Taxation is not dealt with.