Description: Shop Home Items For Sale Feedback Contact Us WHY STOCK MARKETS CRASH 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. Sornette proposes a radically different view: the underlying cause can be sought months and even years before the abrupt, catastrophic event in the build-up of cooperative speculation, which often translates into an accelerating rise of the market price, otherwise known as a "bubble." Anchoring his sophisticated, step-by-step analysis in leading-edge physical and statistical modeling techniques, he unearths remarkable insights and some predictions--among them, that the "end of the growth era" will occur around 2050. Sornette probes major historical precedents, from the decades-long "tulip mania" in the Netherlands that wilted suddenly in 1637 to the South Sea Bubble that ended with the first huge market crash in England in 1720, to the Great Crash of October 1929 and Black Monday in 1987, to cite just a few. He concludes that most explanations other than cooperative self-organization fail to account for the subtle bubbles by which the markets lay the groundwork for catastrophe. Any investor or investment professional who seeks a genuine understanding of looming financial disasters should read this book. Physicists, geologists, biologists, economists, and others will welcome Why Stock Markets Crash as a highly original "scientific tale," as Sornette aptly puts it, of the exciting and sometimes fearsome--but no longer quite so unfathomable--world of stock markets. Reading Essentials Bestsellers Mystery & Thrillers Children's Books View all categories Welcome to BookWanderers Our eBay store offers Discover an extensive selection of titles for every reader's taste - fiction, history, culinary, self-improvement, and more. Enjoy a seamless online shopping experience, explore, and acquire your favorite reads from home. eBay Message Payment We accept PayPal, and all major credit cards & debit cards,please message us for details if needed. Shipping We are normally take 1 business days shipped your order. We Standard Delivery with tracking. We provide 100% FREE shipping on all orders Returns If you have a problem with the items you purchased from us or if you have any questions or concerns, please contact us before leaving any type of feedback, and we will do our best to make things right for you. Buyers have 30 days (unless mentioned otherwise) to return their item for full refund or exchange. Return shipping is to be paid by the buyer unless the item is defective or not as described. Please return the item in original packaging and condition as received. Why customer’s love us? "Thank you for delivering so quickly tried my fryer out a few times now very pleased" Buyer: M***5 (165) "Exactly as described. Very pleased with the transaction. Thank you." Buyer: E***3 (447) "Thank you for an easy, pleasant transaction. Excellent buyer. A++++++." Buyer: B***D (77744) "Quick Delivery, Good Service & good price, no problems would use again A+++" Buyer: O***K (3019) View All Reviews Useful Links Store Home Feedback Items For Sale Contact Us New Arrivals Shop with Secure Payment © Copyright 2023, New Age Quality UK. All rights reserved. Made with by newAgeDesignUK.org
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End Time: 2025-01-17T17:57:03.000Z
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Book Title: WHY STOCK MARKETS CRASH
Topic: Art, Philosophy, Aesthetics
Book Series: NA
Genre: Fiction, Historical, Literature
Original Language: English
Country/Region of Manufacture: UK
Features: Analysis of stock market crashes, Factors contributing to market volatility, Historical case studies, Risk management strategies, Economic theories
Narrative Type: Non-Fiction
Edition: NA
Intended Audience: General Readers, Students, Scholars
Item Length: 138
Signed: NO
Number of Pages: 448 Pages
Publication Name: Why Stock Markets Crash: Critical Events in Complex Financial Systems
Language: English
Publisher: Princeton University Press
Item Height: 216 mm
Subject: Economics, Geology, Finance, Mathematics, Physics
Publication Year: 2017
Type: Textbook
Item Weight: 510 g
Author: Didier Sornette
Item Width: 140 mm
Series: Princeton Science Library
Format: Paperback
