Didier Sornette

French physicist and complex-systems scientist known for work on critical phenomena, financial market bubbles and crashes, earthquake prediction, and risk management; professor of Entrepreneurial Risks at ETH Zurich and author of Why Stock Markets Crash.

This list of books are ONLY the books that have been ranked on the lists that are aggregated on this site. This is not a comprehensive list of all books by this author.

  1. 1. Why Stock Markets Crash

    Critical Events in Complex Financial Systems

    A synthesis of physics-inspired models and financial economics arguing that market crashes are the endogenous culmination of speculative bubbles driven by positive feedback and herding. It presents empirical evidence that asset prices often follow accelerating power-law trajectories decorated with characteristic log-periodic oscillations before breaks, proposes diagnostic tools to detect such precursors, and examines historical episodes to show how collective behavior and critical phenomena can make extreme events statistically likely rather than rare surprises, with implications for risk management and policy.

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