Betting Against the Crowd: A Complex Systems Approach

Author:   Yair Neuman
Publisher:   Springer International Publishing AG
Edition:   1st ed. 2024
ISBN:  

9783031520181


Pages:   167
Publication Date:   21 February 2024
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Betting Against the Crowd: A Complex Systems Approach


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Overview

Crowds are misleading, both in their simplicity and in their complexity. On the one hand, they behave according to expected trends; on the other, they present sudden shifts and frantic, unexpected behavior. Therefore, “betting against the crowd,” whether in politics, sports, or finance, requires a deep understanding of the crowd’s dynamics. In this book, Prof. Neuman addresses this challenge by delving into the complexity of crowds. The book involves foundational issues and novel ideas, such as why crowds behave unexpectedly, why betting against the crowd is possible only in short time frames, why is it important to be attentive to suspicious signs that are indicative of the crowd’s behavior, and why the long tail of fatalities in armed conflicts leaves us surprised by blitz attacks of violent mobs. The book combines scientific knowledge, experiments, and accessible, often humorous, exposition. It can be read by anyone with a basic science education who seeks to understand crowds and how one can act within and against them.

Full Product Details

Author:   Yair Neuman
Publisher:   Springer International Publishing AG
Imprint:   Springer International Publishing AG
Edition:   1st ed. 2024
Weight:   0.290kg
ISBN:  

9783031520181


ISBN 10:   3031520181
Pages:   167
Publication Date:   21 February 2024
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

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Author Information

Yair Neuman (b. 1968) is a polymath with expertise in interdisciplinary research where he draws on diverse disciplines to creatively address real-world and academic challenges. He is the head of the Functor Lab, at the Ben-Gurion University. Prof. Neuman has published numerous papers and ten academic books and was a visiting scholar/Prof. at M.I.T., University of Toronto, University of Oxford, and Weizmann Institute of Science. Beyond his purely academic work, he developed state-of-the-art algorithms for social and cognitive computing, such as those he developed for IARPA and currently developing for a DARPA project. His most recent books are: ""How Small Social Systems Work: From Soccer Teams to Jazz Trios and Families"" (Springer), ""How to Find a Needle in a Haystack: From Solo Perpetrators to the Insider Threat"" (Chaman & Hall/CRC Press), and ""Using AI for Dialoguing with Texts"" (Routledge).

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