Artículos de revistas
Anticipating Economic Market Crises Using Measures Of Collective Panic
Registro en:
Anticipating Economic Market Crises Using Measures Of Collective Panic. Public Library Science, v. 10, p. Jul-2015.
1932-6203
WOS:000358198700025
10.1371/journal.pone.0131871
Autor
Harmon
Dion; Lagi
Marco; de Aguiar
Marcus A. M.; Chinellato
David D.; Braha
Dan; Epstein
Irving R.; Bar-Yam
Yaneer
Institución
Resumen
Predicting panic is of critical importance in many areas of human and animal behavior, notably in the context of economics. The recent financial crisis is a case in point. Panic may be due to a specific external threat or self-generated nervousness. Here we show that the recent economic crisis and earlier large single-day panics were preceded by extended periods of high levels of market mimicry-direct evidence of uncertainty and nervousness, and of the comparatively weak influence of external news. High levels of mimicry can be a quite general indicator of the potential for self-organized crises. 10 7