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Financial markets / Finance / Mathematical finance / Stock market / Flash Crash / Volatility / Market impact / Wall Street Crash / Black Monday / Economics / Stock market crashes / Financial economics
Date: 2015-04-30 05:53:56
Financial markets
Finance
Mathematical finance
Stock market
Flash Crash
Volatility
Market impact
Wall Street Crash
Black Monday
Economics
Stock market crashes
Financial economics

Large Bets and Stock Market Crashes Albert S. Kyle and Anna A. Obizhaeva∗ First Draft: March 5, 2012 This Draft: July 3, 2013 For five stock market crashes, we compare price declines with predictions from market micr

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