Critical Market Crashes by D. Sornette

 
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Ebook Details

Author
D. Sornette
Publisher
arXiv 2003
Size
1.6MB
Format
PDF
Number of pages
91

This review presents a general theory of financial crashes and of stock market instabilities that his co-workers and the author have developed over the past seven years. 

We start by discussing the limitation of standard analyses for characterizing how crashes are special. We conclude by presenting our view of the organization of financial markets.

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