Enrico Fermi Institute and Department of Physics, The University of Chicago, Chicago, IL , USA. We propose a picture of stock market crashes as critical points in a system with discrete scale invariance.

The critical exponent is then complex, leading to log-periodic fluctuations in stock market indexes. This picture is in the spirit of the known earthquake-stock market analogy and of recent work on log-periodic fluctuations associated with earthquakes.

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By author PETER G. Search in World Scientific Google Scholar. International Journal of Modern Physics B Condensed Matter Physics; Statistical Physics; Atomic, Molecular and Optical Physics.

Hierarchical and Ultrametric Models of Financial Crashes - Springer

Volume 10, Issue 27, 15 December B 10 , FREUND Enrico Fermi Institute and Department of Physics, The University of Chicago, Chicago, IL , USA. Statistical Mechanics and its Applications , Zongyi Hu , Chao Li.

A Case Study on Chinese Stock Bubbles. Discrete Dynamics in Nature and Society , Funktionsweisen des deutschen Wohnimmobilienmarktes. Maximilian Seyrich , Didier Sornette. International Journal of Modern Physics C John Fry , Eng-Tuck Cheah. International Review of Financial Analysis 47 , Oil Negative - US Dollar Positive. Acta Physica Polonica A Boon Kin Teh , Siew Ann Cheong.

Discrete Scale Invariance in STOCK Markets Before Crashes

The European Physical Journal B Dion Harmon , Marco Lagi , Marcus A. Chinellato , Dan Braha , Irving R.

Epstein , Yaneer Bar-Yam , Lidia Adriana Braunstein. Jan Henrik Wosnitza , Didier Sornette. Qin Xiao , Xue Pan , Mutua Stephen , Yue Yang , Xinli Li , Huijie Yang. Jan Henrik Wosnitza , Jens Leker. International Review of Financial Analysis 33 , Yuriy Mishchenko , Alejandro Raul Hernandez Montoya.

Jan Henrik Wosnitza , Cornelia Denz. An application of log-periodic power law structures to default prediction.

Discrete scale invariance and complex dimensions - INSPIRE-HEP

Statistical Mechanics and its Applications Two previously overlooked diffusion regimes. Physical Review E China Finance Review International 2: Katarzyna Bolonek-Lason , Piotr Kosinski. Nuclear Physics A Liu Zhe , Zhuang Xin-tian , Yuan Ying.

Kousik Guhathakurta , Basabi Bhattacharya , A. Shao-jun Xu , Xue-jun Jin. Wei-Xing Zhou , Didier Sornette. George Chang , James Feigenbaum.

Marco Antonio Leonel Caetano , Takashi Yoneyama.

Geophysical Journal International Jose Alvarez-Ramirez , Carlos Ibarra-Valdez , Araceli Bernabe , Eduardo Rodriguez. WEI-XING ZHOU , DIDIER SORNETTE.

"Discrete Scale Invariance in Stock Markets before Crashes" by James A. Feigenbaum

Reports on Progress in Physics F Ren , B Zheng. Physics Letters A Alessio Farhadi , Dimitri Vvedensky. Bothmer , Christian Meister. A new restriction for the free variables. Modern Physics Letters B Journal of Theoretical Politics ANDERS JOHANSEN , DIDIER SORNETTE.

International Journal of Theoretical and Applied Finance Interdisciplinary Science Reviews Journal of Physics A: Mathematical and General ANDERS JOHANSEN , OLIVIER LEDOIT , DIDIER SORNETTE.

L Laloux , M Potters , R Cont , J. Europhysics Letters EPL Didier Sornette , Anders Johansen. Feigenbaum , Peter G.