Why Stock Markets Crash

August 08, 2017

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Why Stock Markets Crash by"Didier Sornette"

Why Stock Markets Crash

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. Most attempts to explain market failures seek to pinpoint triggering mechanisms that occur hours, days, or weeks before the collapse. Sornette proposes a radically different view: the underlying cause can be sought months and even years before the abrupt, catastrophic event in the build-up of cooperative speculation, which often translates into an accelerating rise of the market price, otherwise known as a \

Why Stock Markets Crash
By:"Didier Sornette"
Published on 2017-03-21 by Princeton University Press

BOOKS ID : tAtpDQAAQBAJ

Ebook Title : Why Stock Markets Crash

ETAG : QDN2leiwTCY

ISBN_13 Code : 9781400885091

ISBN_10 Code : 1400885094

Book Print Type : BOOK

Rank : 10 for keyword gambling meme

Book Author :"Didier Sornette"

Publisher : Princeton University Press

Book Pages Count : 448

Print Type : BOOK

Book's Categories :"Business & Economics"

Books Language : en

Text to Speech Access : ALLOWED

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