Rodríguez-Caballero, Carlos Vladimir; Knapik, Oskar - In: The European Physical Journal B - Condensed Matter and … 87 (2014) 10, pp. 1-14
This paper introduces a Bayesian approach in econophysics literature about financial bubbles in order to estimate the most probable time for a financial crash to occur. To this end, we propose using noninformative prior distributions to obtain posterior distributions. Since these distributions...