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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Wired 12.08: Mandelbrot's challenge to the finance industry. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Wired 12.08: Mandelbrot's challenge to the finance industry
by Decius at 11:47 am EDT, Aug 7, 2004

] A well-managed corporation devotes some portion of its
] research and development budget to basic research, in
] fields of science that underlie its main business. Isn't
] understanding the market as important to the economy as
] understanding solid-state physics is to IBM? If we can
] map the human genome, why can't we map how a man loses
] his livelihood? If millions can contribute a few cycles
] of their PCs to the search for a signal from outer space,
] why can't they join a coordinated search for patterns in
] financial markets?


 
 
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