When small parts of an object are qualitatively the same, or similar to the whole object. In certain deterministic fractals, like the Sierpinski Triangle, small pieces look the same as the entire object. In random fractals, small increments of time will be statistically similar to larger increments of time. See: Fractal.
Nearby TermsSelf-regulatory organization (SRO) Self-selection Self-Similar Self-supporting debt Self-tender offer
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University