Sornette, Didier,  1957- <br/><br/>
Why stock markets crash :  critical events in complex financial systems / 
Didier Sornette. 
 - Princeton, N.J. :  Princeton University Press,  c2003. 
 - xx, 421 pages :   illustrations ;   24 cm. 
 - Princeton paperbacks  .
<br/><br/>Includes bibliographical references (p. 397-418) and index. 
<br/><br/> 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 
<br/><br/><label>ISBN: </label>0691096309 (alk. paper) 9780691118505 (alk. paper) 
<br/><br/><label>LCCN: </label>2002024336 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Financial crises--History.<br/>Crisis financiera --Historia <br/>Stocks--Prices--History.<br/>Precios de las acciones <br/>Financial crises--History.--United States<br/>Crisis financiera--Historia--Estados Unidos<br/>Stock exchanges--History.--United States<br/>Bolsa de valores--Estados Unidos<br/>Critical phenomena (Physics)<br/>Fenómeno crítico (Física) <br/>Complexity (Philosophy)<br/>Complejidad (Filosofía).
<br/><br/><label>LC Class. No.: </label>HB 3722  / S714m 2003 
<br/><br/><label>Dewey Class. No.: </label>332.63/222