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Published online 1 October 2002 | Nature | doi:10.1038/news020923-18
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Stock market shock explained
Physicists model recent trading frenzy.
Two physicists have an explanation for the convulsion of the stock market just ten days ago that left traders reeling and economists scratching their heads. The market was behaving like a muffled guitar string, they suggest, thanks to short-termism and technological limitations.
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