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nntaleb: Why did the CRISIS Happen? http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1666042

nntaleb: Why did the CRISIS Happen?
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1666042

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Abstract:
This paper —while a standalone invited essay written for a special crisis issue of New Political Economy — synthesizes the various technical documents by the author as related to the financial crisis. It can also be used as a technical companion to The Black Swan(2007-2010).

Keywords: Black Swan, Risk Management, Finance, Markets, Crisis

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