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Study Links Brain Dynamics to Stock Market Crises

11/9/2025

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Summary

Story summary

A University of Michigan study finds brains and stock markets exhibit similar crisis behaviors, with linked collapse and recovery dynamics.
Researchers used data from 39 countries and EEG readings from patients under anesthesia to identify two phase transitions: first-order and second-order.
Networks nearer first-order transitions collapse faster and recover slower, and the work was published in the Proceedings of the National Academy of Sciences.

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Story summary

A University of Michigan study finds brains and stock markets exhibit similar crisis behaviors, with linked collapse and recovery dynamics.
Researchers used data from 39 countries and EEG readings from patients under anesthesia to identify two phase transitions: first-order and second-order.
Networks nearer first-order transitions collapse faster and recover slower, and the work was published in the Proceedings of the National Academy of Sciences.