A Complex System View on the Financial and Economic Crisis
A Complex System View on the Financial and Economic Crisis
A Complex System View on the Financial and Economic Crisis
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2006-2008 Oil bubble<br />
Speculati<strong>on</strong> vs supply-dem<strong>and</strong><br />
D. Sornette, R.<br />
Woodard <strong>and</strong> W.-X.<br />
Zhou, The<br />
2006-2008 Oil<br />
Bubble <strong>and</strong> Bey<strong>on</strong>d,<br />
Physica A 388,<br />
1571-1576 (2009)<br />
(arXiv.org/abs/<br />
0806.1170)<br />
Typical result of <strong>the</strong> calibrati<strong>on</strong> of <strong>the</strong> simple LPPL model to <strong>the</strong> oil price in US$ in shrinking windows<br />
39<br />
with starting dates tstart moving up towards <strong>the</strong> comm<strong>on</strong> last date tlast = May 27, 2008.
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