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WHY STOCK MARKETS CRASH By Didier Sornette (Paperback / softback)
- Item No : 405933812344
- Condition : Brand New
- Brand : No brand Info
- Seller : bookwanderers
- Current Bid : US $33.18
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* Item Description
- 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.
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