Can we avoid financial crises?
Extreme events in finance are characterized by very large price fluctuations on the financial markets. These stock market crashes always occur on very short periods, a day or even a few minutes with flash crashes. But then why be interested in these events? Explanation in the video by François Longin, Professor of Finance at ESSEC Business School, Challenges partner.
Watch the 3 minutes video below (English version coming soon)!