Why Stock Markets Crash: Critical Events in Complex Financial Systems by Didier Sornette

Jun 30th, 2015
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Alabama State University
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The scientific study of complex systems has transformed a wide range of disciplines in recent years, enabling researchers in both the natural and social sciences to model and predict phenomena as diverse as earthquakes, global warming, demographic patterns, financial crises, and the failure of materials. In this book, Didier Sornette boldly applies his varied experience in these areas to propose a simple, powerful, and general theory of how, why, and when stock markets crash.

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Why Stock Markets Crash: Critical Events in Complex Financial SystemsbyDidier SornetteThe scientific study of complex systems has transformed a wide range of disciplines in recent years, enabling researchers in both the natural and social sciences to model and predict phenomena as diverse as eart

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