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