Mitigating disasters by hunting down Dragon Kings

Scientists aim at forecasting natural or economic disasters by identifying statistical anomalies in complex systems that deviate from behaviour obeying traditional power laws. This article and the special issue it comes from, present the many facets of Dragon Kings in a review alongside nineteen oth...

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Bibliographic Details
Published inEurophysics news Vol. 43; no. 4; p. 15
Main Authors Sornette, D, Ouillon, G
Format Journal Article
LanguageEnglish
Published 01.08.2012
Subjects
Complex systems
Disaster management
Disasters
Economics
Hunting
News
Power law
Statistical analysis
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Summary:Scientists aim at forecasting natural or economic disasters by identifying statistical anomalies in complex systems that deviate from behaviour obeying traditional power laws. This article and the special issue it comes from, present the many facets of Dragon Kings in a review alongside nineteen other contributions exploring to which extent this emerging field of statistical analysis could become further established.
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ISSN:0531-7479
1432-1092