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    Why Stock Markets Crash: Critical Events in Complex Financial Systems
    by Author: D. Sornette

    Binding: Hardcover, 464 pages
    Publisher: Princeton Univ Pr
    Published Date: 11/01/2002
    List Price: USD $52.50
    Weight: 1.75 pounds
    0691096309
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        Muze Annotation:
    This dense answer to its own question examines the forces at work on financial markets, what creates them, and when investors can expect another collapse. Sornette, a UCLA professor of geophysics, brings his scientific expertise to bear on the markets, offering up a host of charts, graphs, and figures to illustrate his comprehensive theory of market volatility. WHY STOCK MARKETS CRASH looks not only to science, but also history as Sornette back-tests his theory on some of the great bubble bursts of the last 500 years, exploring what caused them and what we gain by understanding them.

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    Why Stock Markets Crash: Critical Events in Complex Financial Systems - by D. Sornette - Paperback - List $19.95

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