Why Stock Markets Crash: Critical Events in Complex Financial Systems

Why Stock Markets Crash: Critical Events in Complex Financial Systems

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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… (more)

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Book Details  


Publisher: Princeton University Press (February 23, 2004)

Format: EPUB

Page count: 448 pages

File size: 7.9 MB

Protection: DRM

Language: English


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