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arXiv · cond-mat/9810092

Booms and Crashes in Self-Similar Markets

S. Gluzman·V. I. Yukalov
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Abstract

Sharp changes in time series representing market dynamics are studied by means of the self--similar analysis suggested earlier by the authors. These sharp changes are market booms and crashes. Such crises phenomena in markets are analogous to critical phenomena in physics. A simple classification of the market crisis phenomena is given.

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BibTeXRIS

S. Gluzman, V. I. Yukalov. 1998-10-08. Booms and Crashes in Self-Similar Markets. https://doi.org/10.1142/s0217984998000688

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