Volatitily as social flaring

[Chris Burford]

I'll be off giving a talk at the Atlanta Fed....
(on "Volatility as Social Flaring," available on my
website, more creepy chaos theory stuff).
Barkley Rosser

A few words please, Barkley, to translate your article into more lay language.

I am generally in favour of your approach although I am left behind by the 
mathematics.

But the groundings appear very speculative and require a lot of cautious 
creeping.

Suppose using social flaring as an explanation for kurtosis is in essence a 
tautology?

Chris Burford

Glossary on kurtosis

http://www.contingencyanalysis.com/glossarykurtosis.htm