Sornette boldly applies his varied experience 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 that the underlying cause can be sought months and even years before the abrupt, catastrophic event. 165 illustrations.
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Sornette boldly applies his varied experience 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 that the underlying cause can be sought months and even years before the abrupt, catastrophic event. 165 illustrations.
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Add this copy of Why Stock Markets Crash: Critical Events in Complex to cart. $12.00, good condition, Sold by HPB-Red rated 5.0 out of 5 stars, ships from Dallas, TX, UNITED STATES, published 2017 by Princeton University Press.
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