Why Stock Markets Crash: Critical Events in Complex Financial Systems

221 citations recorded by the source corpus.

Citations in the corpus

Dragon-kings: Mechanisms, statistical methods and empirical evidence (2012, unknown): “Chapter 3 of (Sornette, 2003) provides a general review on the evidence for and importance of dragon-king, with an emphasis on their implication for”
The digital traces of bubbles: feedback cycles between socio-economic signals in the Bitcoin economy (2014, unknown): “The trade of bitcoins at a much higher price indicates the possible presence of a bubble [30], and the events at which the market price starts diverging from the fundamental value mark the beginning of bubbles.”
MAXIMUM DRAWDOWN INSURANCE (2011, unknown): “Maximum drawdown was introduced as a risk measure in finance in the last decade (Sornette [25], Vecer [27, 28]).”
Critical Market Crashes (2003, unknown): “…by our co-workers and us as well as several others, academics and most-of-all practitioners (see Sornette and Johansen, 2001, and Johansen and Sornette, 2002, for a recent review and assessment and Zhou and Sornette, 2002a, b, c for nonparametric tests using a generalization of the so-called…”