TY - GEN T1 - Why stock markets crash : critical events in complex financial systems A1 - Sornette, Didier, 1957- LA - English PP - Princeton, N.J. PB - Princeton University Press YR - 2003 UL - https://ebooks.jgu.edu.in/Record/jstor_eba_ocn436943869 AB - 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. OP - 421 CN - HB3722 .S66 2003eb SN - 9781400829552 SN - 1400829550 SN - 9780691096308 SN - 0691096309 KW - Financial crises : History. KW - Stocks : Prices : History. KW - Financial crises : United States : History. KW - Stock exchanges : United States : History. KW - Critical phenomena (Physics) KW - Complexity (Philosophy) KW - Krachs : Histoire. KW - Actions (Titres de société) : Prix : Histoire. KW - Krachs : États-Unis : Histoire. KW - Bourse : États-Unis : Histoire. KW - Phénomène critique (Physique) KW - Complexité (Philosophie) KW - BUSINESS & ECONOMICS : Investments & Securities : Stocks. KW - BUSINESS & ECONOMICS : Economics : Theory. KW - Financial crises KW - Stock exchanges KW - Stocks : Prices KW - United States KW - Börse KW - Finanzwirtschaft KW - Krise KW - Effectenbeurzen. KW - Financiële crises. KW - Crises boursières : États-Unis. KW - Phénomènes critiques (physique) KW - Crises boursières : Histoire. KW - Electronic books. KW - History ER -