University of Thessaly
Stefanos Tsakonas was born in 1983 in Greece. He studied Electrical Engineering at the Technological Institute of Kavala and Business Management at the Hellenic Open University. Currently he is a PhD candidate in Complex Systems and Systemic Risk in the Department of Economics at the University of Thessaly. His research interests include Non-Linear Analysis, Chaos Theory, Time Series Prediction and Critical Transitions.
The authors suggest an innovative method based in econophysics that provides early warning signs for major declines in the S&P 500 Index