{"title":"Didier Sornette","description":"\u003cp\u003eDelve into the fascinating world of Didier Sornette, a leading voice in understanding and predicting extreme risks. Explore his insightful works on financial crises, complex systems, and the science of forecasting.\u003c\/p\u003e","products":[{"product_id":"why-stock-markets-crash-book-didier-sornette-9780691118505","title":"Why Stock Markets Crash","description":"Proposes a general theory of how, why, and when stock markets crash. This book says that the underlying cause of the crash can be sought months and even years before the event. It offers a step-by-step analysis in physical and statistical modeling techniques and also includes some predictions.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49621909078289,"sku":"GOR001851494","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":50006061318417,"sku":"CIN0691118507G","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":50273121337617,"sku":"CIN0691118507VG","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0691118507.jpg?v=1761646565"},{"product_id":"why-stock-markets-crash-book-didier-sornette-9780691175959","title":"Why Stock Markets Crash","description":"The scientific study of complex systems has transformed a wide range of disciplines in recent years, enabling researchers in both the natural and social sciences to model and predict phenomena as diverse as earthquakes, global warming, demographic patterns, financial crises, and the failure of materials. In this book, Didier Sornette boldly applies","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":49730714042641,"sku":"NGR9780691175959","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ WELL_READ \/ SBYB","offer_id":50360501731601,"sku":"CIN0691175950A","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":50360503894289,"sku":"CIN0691175950G","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":50454453911825,"sku":"GOR012404086","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ NEW \/ INGRAM","offer_id":51005692838161,"sku":"NIN9780691175959","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0691175950.jpg?v=1750847964"},{"product_id":"critical-phenomena-in-natural-sciences-book-didier-sornette-9783540308829","title":"Critical Phenomena in Natural Sciences","description":"Concepts, methods and techniques of statistical physics in the study of correlated, as well as uncorrelated, phenomena are being applied ever increasingly in the natural sciences, biology and economics in an attempt to understand and model the large variability and risks of phenomena. This is the first textbook written by a well-known expert that provides a modern up-to-date introduction for workers outside statistical physics. The emphasis of the book is on a clear understanding of concepts and methods, while it also provides the tools that can be of immediate use in applications. Although this book evolved out of a course for graduate students, it will be of great interest to researchers and engineers, as well as to post-docs in geophysics and meteorology.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":49736945336593,"sku":"NGR9783540308829","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ NEW \/ INGRAM","offer_id":51061051523345,"sku":"NIN9783540308829","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52143212593425,"sku":"NLS9783540308829","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/3540308822.jpg?v=1751284852"},{"product_id":"new-ways-and-needs-for-exploiting-nuclear-energy-book-didier-sornette-9783319976518","title":"New Ways and Needs for Exploiting Nuclear Energy","description":"The history of mankind is a story of ascent to unprecedented levels of comfort, productivity and consumption, enabled by the increased mastery of the basic reserves and flows of energy. This miraculous trajectory is confronted by the consensus that anthropogenic emissions are harmful and must decrease, requiring de-carbonization of the energy system.       The mature field of indicator-based sustainability assessment provides a rigorous systematic framework to balance the pros and cons of the various existing energy technologies using lifecycle assessments and weighting criteria covering the environment, economy, and society, as the three pillars of sustainability. In such a framework, nuclear power is ranked favorably, but since emphasis is often placed on radioactive wastes and risk aversion, renewables are usually ranked top. However, quantifying the severity of the consequences of nuclear accidents on a rough integral cost basis and balancing severity with low core-damage accident probabilities indicates that the average external cost of such accidents is similar to that of modern renewables, and far less than carbon-based energy.    This book formulates the overall goal and associated unprecedented demanding criteria of taming nuclear risks by excluding mechanisms that lead to serious accidents and avoiding extremely long stewardship times as far as possible, by design. It reviews the key design features of nuclear power generation, paving the way for the exploration of radically new combinations of technologies to come up with “revolutionary” or even “exotic” system designs.  The book also provides scores for the selected designs and discusses the high potential for far-reaching improvements, with small modular lines of the best versions as being most attractive.    Given the ambition and challenges, the authors call for an urgent increase in funding of at least two orders of magnitude for a broad international civilian “super-Apollo” program on nuclear energy systems. Experience indicates that such investments in fundamental technologies enable otherwise unattainable revolutionary innovations with massive beneficial spillovers to the private sector and the public for the next generations.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":49739662557457,"sku":"NGR9783319976518","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52600026628369,"sku":"NLS9783319976518","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/3319976516.jpg?v=1750966787"},{"product_id":"why-stock-markets-crash-book-didier-sornette-9780691096308","title":"Why Stock Markets Crash","description":"The scientific study of complex systems has transformed a wide range of disciplines in recent years, enabling researchers in both the natural and social sciences to model and predict phenomena as diverse as earthquakes, global warming, demographic patterns, financial crises, and the failure of materials. In this book, Didier Sornette boldly applies his varied experience in these areas to propose a simple, powerful, and general theory of how, why, and when stock markets crash. Most attempts to explain market failures seek to pinpoint triggering mechanisms that occur hours, days, or weeks before the collapse. Sornette proposes a radically different view: the underlying cause can be sought months and even years before the abrupt, catastrophic event in the build-up of cooperative speculation, which often translates into an accelerating rise of the market price, otherwise known as a 'bubble'.Anchoring his sophisticated, step-by-step analysis in leading-edge physical and statistical modeling techniques, he unearths remarkable insights and some predictions - among them, that the 'end of the growth era' will occur around 2050. Sornette probes major historical precedents, from the decades-long 'tulip mania' in the Netherlands that wilted suddenly in 1637 to the South Sea Bubble that ended with the first huge market crash in England in 1720, to the Great Crash of October 1929 and Black Monday in 1987, to cite just a few.He concludes that most explanations other than cooperative self-organization fail to account for the subtle bubbles by which the markets lay the groundwork for catastrophe. Any investor or investment professional who seeks a genuine understanding of looming financial disasters should read this book. Physicists, geologists, biologists, economists, and others will welcome \"Why Stock Markets Crash\" as a highly original 'scientific tale', as Sornette aptly puts it, of the exciting and sometimes fearsome - but no longer quite so unfathomable - world of stock markets.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49741663535377,"sku":"GOR004140982","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ GOOD \/ SBYB","offer_id":49947561853201,"sku":"CIN0691096309G","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ VERY_GOOD \/ SBYB","offer_id":50405450416401,"sku":"CIN0691096309VG","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0691096309.jpg?v=1751168229"},{"product_id":"market-risk-and-financial-markets-modeling-book-didier-sornette-9783642279300","title":"Market Risk and Financial Markets Modeling","description":"The current financial crisis has revealed serious flaws in models, measures and, potentially, theories, that failed to provide forward-looking expectations for upcoming losses originated from market risks. The Proceedings of the Perm Winter School 2011 propose insights on many key issues and advances in financial markets modeling and risk measurement aiming to bridge the gap. The key addressed topics include: hierarchical and ultrametric models of financial crashes, dynamic hedging, arbitrage free modeling the term structure of interest rates, agent based modeling of order flow, asset pricing in a fractional market, hedge funds performance and many more.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":52675409051921,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52675409641745,"sku":"NLS9783642279300","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9783642279300.jpg?v=1762301832"},{"product_id":"market-risk-and-financial-markets-modeling-book-didier-sornette-9783642439742","title":"Market Risk and Financial Markets Modeling","description":"The current financial crisis has revealed serious flaws in models, measures and, potentially, theories, that failed to provide forward-looking expectations for upcoming losses originated from market risks. The Proceedings of the Perm Winter School 2011 propose insights on many key issues and advances in financial markets modeling and risk measurement aiming to bridge the gap. The key addressed topics include: hierarchical and ultrametric models of financial crashes, dynamic hedging, arbitrage free modeling the term structure of interest rates, agent based modeling of order flow, asset pricing in a fractional market, hedge funds performance and many more.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52675973447953,"sku":"NLS9783642439742","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9783642439742.jpg?v=1762303180"},{"product_id":"new-ways-and-needs-for-exploiting-nuclear-energy-book-didier-sornette-9783030073848","title":"New Ways and Needs for Exploiting Nuclear Energy","description":"The history of mankind is a story of ascent to unprecedented levels of comfort, productivity and consumption, enabled by the increased mastery of the basic reserves and flows of energy. This miraculous trajectory is confronted by the consensus that anthropogenic emissions are harmful and must decrease, requiring de-carbonization of the energy system.       The mature field of indicator-based sustainability assessment provides a rigorous systematic framework to balance the pros and cons of the various existing energy technologies using lifecycle assessments and weighting criteria covering the environment, economy, and society, as the three pillars of sustainability. In such a framework, nuclear power is ranked favorably, but since emphasis is often placed on radioactive wastes and risk aversion, renewables are usually ranked top. However, quantifying the severity of the consequences of nuclear accidents on a rough integral cost basis and balancing severity with low core-damage accident probabilities indicates that the average external cost of such accidents is similar to that of modern renewables, and far less than carbon-based energy.    This book formulates the overall goal and associated unprecedented demanding criteria of taming nuclear risks by excluding mechanisms that lead to serious accidents and avoiding extremely long stewardship times as far as possible, by design. It reviews the key design features of nuclear power generation, paving the way for the exploration of radically new combinations of technologies to come up with “revolutionary” or even “exotic” system designs.  The book also provides scores for the selected designs and discusses the high potential for far-reaching improvements, with small modular lines of the best versions as being most attractive.    Given the ambition and challenges, the authors call for an urgent increase in funding of at least two orders of magnitude for a broad international civilian “super-Apollo” program on nuclear energy systems. Experience indicates that such investments in fundamental technologies enable otherwise unattainable revolutionary innovations with massive beneficial spillovers to the private sector and the public for the next generations.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52676344938769,"sku":"NLS9783030073848","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":52760357404945,"sku":"NIN9783030073848","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9783030073848.jpg?v=1762304053"},{"product_id":"critical-phenomena-in-natural-sciences-book-didier-sornette-9783540407546","title":"Critical Phenomena in Natural Sciences","description":"Concepts, methods and techniques of statistical physics in the study of correlated, as well as uncorrelated, phenomena are being applied ever increasingly in the natural sciences, biology and economics in an attempt to understand and model the large variability and risks of phenomena. This is the first textbook written by a well-known expert that provides a modern up-to-date introduction for workers outside statistical physics.","brand":"WoB","offers":[{"title":"- \/ - \/ INTERNAL","offer_id":53376268992785,"sku":null,"price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":53376269058321,"sku":"GOR014886932","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9783540407546.jpg?v=1775290486"}],"url":"https:\/\/www.worldofbooks.com\/de-ch\/collections\/autor-buecher-von-didier-sornette.oembed","provider":"World of Books ","version":"1.0","type":"link"}