Endogenous versus Exogenous Origins of Crises

@inproceedings{Sornette2006EndogenousVE,
  title={Endogenous versus Exogenous Origins of Crises},
  author={Didier Sornette},
  year={2006}
}
  • Didier Sornette
  • Published 2006
  • Economics, Physics
  • Are large biological extinctions such as the Cretaceous/Tertiary KT boundary due to a meteorite, extreme volcanic activity or self-organized critical extinction cascades? Are commercial successes due to a progressive reputation cascade or the result of a well orchestrated advertisement? Determining the chain of causality for Xevents in complex systems requires disentangling interwoven exogenous and endogenous contributions with either no clear signature or too many signatures. Here, I review… CONTINUE READING

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