Market crashes as critical phenomena? Explanation, idealization, and universality in econophysics.

We study the Johansen-Ledoit-Sornette (JLS) model of financial market crashes (Johansen et al. in Int J Theor Appl Financ 3(2):219-255, 2000). On our view, the JLS model is a curious case from the perspective of the recent philosophy of science literature, as it is naturally construed as a “minimal...

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Publicado en:Synthese Vol. 195; no. 10; pp. 4477 - 4506
Autores principales: Jhun, Jennifer, Palacios, Patricia, Weatherall, James Owen
Formato: Artículo
Publicado: Springer Nature Oct2018
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Acceso en línea:Ver este registro en EBSCOhost