7030

Автор(ы): 

Автор(ов): 

2

Параметры публикации

Тип публикации: 

Книга (брошюра, монография, стандарт)

Название: 

Is It So Bad That We Cannot Recognize Black Swans?

Сведения об издании: 

Препринт WP7/2010/03

Сведения об издании: 

1-ое издание

Город: 

  • Москва

Издательство: 

  • НИУ ВШЭ

Год издания: 

2010

Объём, стр.: 

40
Аннотация
Analyzing the reasons of financial crises in [1] the author concludes that modern economic models badly describe reality for they are not able to forecast such crises in advance. We tried to present processes on stock exchange as two random processes one of which happens rather often (regular regime) and the other one – rather rare. Our answer is that if regular processes are correctly recognized with the probability a bit higher than 1/2, this allows to get positive average gain. We believe that this very phenomenon lies in the basis of unwillingness of people to expect crises permanently and to try recognizing them.

Библиографическая ссылка: 

Алескеров Ф.Т., Егорова Л.Г. Is It So Bad That We Cannot Recognize Black Swans?. Препринт WP7/2010/03. М.: НИУ ВШЭ, 2010. – 40 с.