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• Chaos theory and market behavior by Bernd Anders

  ARTICLE SYNOPSIS ...Chaos theory and market behavior by Bernd Anders Chaos, in the original Greek, describes the primal condition--a w translation that means ""confuwsion"" as well as ""reality."" With this one word, the ancients captured what they intuitively knew about the world; that disorder, unpredictability and randomness are part of the natural order. Yet, since the 1970s, chaos has become the codeword for a revolutionary scientific movement that has revamped ancient notions about complex, irregular phenomena--from commodity prices to the weather--and discovered that, even in chaos, there is order. Unlike s...

AUTHOR: Bernd AndersDATE: NOV 1989