02534nam a22004335i 4500001001800000003000900018005001700027007001500044008004100059020001800100024003500118050000900153072001700162072002300179072001600202100007500218245010200293250001800395264006900413300006500482336002600547337002600573338003600599347002400635520105200659650001901711650002701730650003801757650003401795650002101829650002701850650002401877650002101901710003401922773002601956776003601982776003602018856004602054978-3-031-52019-8DE-He21320251030111434.0cr nn 008mamaa240220s2024    sz |    s    |||| 0|eng d  a97830315201987 a10.1007/978-3-031-52019-82doi 4aQ295 7aGPFC2bicssc 7aSCI0640002bisacsh 7aGPFC2thema1 aNeuman, Yair.eauthor.4aut4http://id.loc.gov/vocabulary/relators/aut10aBetting Against the Crowdh[electronic resource] :bA Complex Systems Approach /cby Yair Neuman.  a1st ed. 2024. 1aCham :bSpringer Nature Switzerland :bImprint: Springer,c2024.  aXIV, 167 p. 27 illus., 17 illus. in color.bonline resource.  atextbtxt2rdacontent  acomputerbc2rdamedia  aonline resourcebcr2rdacarrier  atext filebPDF2rda  aCrowds 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. 0aSystem theory. 0aStatistical Mechanics. 0aEconomicsxPsychological aspects. 0aSportsxSociological aspects.14aComplex Systems.24aStatistical Mechanics.24aBehavioral Finance.24aSport Sociology.2 aSpringerLink (Online service)0 tSpringer Nature eBook08iPrinted edition:z978303152018108iPrinted edition:z978303152020440uhttps://doi.org/10.1007/978-3-031-52019-8