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CRUCIAL EVENTS: WHY ARE CATASTROPHES NEVER EXPECTED?: Why are Catastrophes Never Expected?

By Bruce J West, Paolo Grigolini
eBook
$70.00
By Bruce J West, Paolo Grigolini
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A nonsimple (complex) system indicates a mix of crucial and non-crucial events, with very different statistical properties. It is the crucial events that determine the efficiency of information exchange between complex networks. For a large class of nonsimple systems, crucial events determine catastrophic failures - from heart attacks to stock market crashes.This interesting book outlines a data processing technique that separates the effects of the crucial from those of the non-crucial eve...

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