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Didier Sornette
Didier Sornette (born June 25, 1957 in Paris) is a French researcher studying subjects including complex systems and risk management. He is Professor on the Chair of Entrepreneurial Risks at the Swiss Federal Institute of Technology Zurich (ETH Zurich) and is also a professor of the Swiss Finance Institute, He was previously a Professor of Geophysics at UCLA, Los Angeles California (1996–2006) and a Research Professor at the French National Centre for Scientific Research (1981–2006). Theory of earthquakes and fault networks With his long-time collaborator Dr. Guy Ouillon, Sornette has been leading a research group on the “Physics of earthquakes” over the last 25 years. The group is active in the modelling of earthquakes, landslides, and other natural hazards, combining concepts and tools from statistical physics, statistics, tectonics, seismology and more. First located at the Laboratory of Condensed Matter Physics (University of Nice, France), then at the Earth and Sp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paris
Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called the capital of the world. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the region France's primate city. The Paris Region had a GDP of €739 billion ($743 billion) in 2019, which is the highest in Europe. According to the Economist Intelli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bestseller
A bestseller is a book or other media noted for its top selling status, with bestseller lists published by newspapers, magazines, and book store chains. Some lists are broken down into classifications and specialties (novel, nonfiction book, cookbook, etc.). An author may also be referred to as a bestseller if their work often appears in a list. Well-known bestseller lists in the U.S. are published by ''Publishers Weekly'', ''USA Today'', ''The New York Times'' and ''The Washington Post''. Most of these lists track book sales from national and independent bookstores, as well as sales from major internet retailers such as Amazon.com and Barnes & Noble. In everyday use, the term ''bestseller'' is not usually associated with a specified level of sales, and may be used very loosely indeed in publishers' publicity. Books of superior academic value tend not to be bestsellers, although there are exceptions. Lists simply give the highest-selling titles in the category over the stated pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ernst Fehr
Ernst Fehr (born 21 June 1956 in Hard, Austria) is an Austrian-Swiss behavioral economist and neuroeconomist and a Professor of Microeconomics and Experimental Economic Research, as well as the vice chairman of the Department of Economics at the University of Zürich, Switzerland. His research covers the areas of the evolution of human cooperation and sociality, in particular fairness, reciprocity and bounded rationality. He is also well known for his important contributions to the new field of neuroeconomics, as well as to behavioral economics, behavioral finance and experimental economics. According to IDEAS/REPEC, he is the second-most influential German-speaking economist, and is ranked at 86th globally. In 2010 Ernst Fehr founded, together with his brother, Gerhard Fehr, FehrAdvice & Partners, the first globally operating consultancy firm completely dedicated to behavioral economics. In 2016, Fehr was ranked as the most influential economist in Germany, Austria, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ariane Rocket
Ariane is a series of European civilian expendable launch vehicles for space launch use. The name comes from the French spelling of the mythological character Ariadne. France first proposed the Ariane project and it was officially agreed upon at the end of 1973 after discussions between France, Germany and the UK. The project was Western Europe's second attempt to develop its own launcher following the unsuccessful Europa project. The Ariane project was code-named L3S (the French abbreviation for third-generation substitution launcher). The European Space Agency (ESA) charged Airbus Defence and Space with the development of all Ariane launchers and of the testing facilities, while Arianespace, a 32.5% CNES (French government space agency) commercial subsidiary created in 1980, handles production, operations and marketing. Arianespace launches Ariane rockets from the Guiana Space Centre at Kourou in French Guiana. Ariane versions Ariane 1 was a three-stage launcher, derived fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Bubble
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability ass ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unicorn (finance)
In business, a unicorn is a privately held startup company valued at over US$1 billion. The term was first published in 2013, coined by venture capitalist Aileen Lee, choosing the mythical animal to represent the statistical rarity of such successful ventures. CB Insights identified 1,170 unicorns worldwide . Unicorns with over $10 billion in valuation have been designated as "decacorn" companies. For private companies valued over $100 billion, the terms "centicorn", "hectocorn", and "super-unicorn" have been used. The term "kilocorn" has been used for companies valued at $1 trillion, of which Apple was the first. History Aileen Lee originated the term "unicorn" in a 2013 ''TechCrunch'' article, "Welcome To The Unicorn Club: Learning from Billion-Dollar Startups". At the time, 39 companies were identified as unicorns. In a different study done by ''Harvard Business Review'', it was determined that startups founded between 2012 and 2015 were growing in valuation twice as f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Logistic Function
A logistic function or logistic curve is a common S-shaped curve (sigmoid curve) with equation f(x) = \frac, where For values of x in the domain of real numbers from -\infty to +\infty, the S-curve shown on the right is obtained, with the graph of f approaching L as x approaches +\infty and approaching zero as x approaches -\infty. The logistic function finds applications in a range of fields, including biology (especially ecology), biomathematics, chemistry, demography, economics, geoscience, mathematical psychology, probability, sociology, political science, linguistics, statistics, and artificial neural networks. A generalization of the logistic function is the hyperbolastic function of type I. The standard logistic function, where L=1,k=1,x_0=0, is sometimes simply called ''the sigmoid''. It is also sometimes called the ''expit'', being the inverse of the logit. History The logistic function was introduced in a series of three papers by Pierre François Verhulst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Logistic Function
A logistic function or logistic curve is a common S-shaped curve (sigmoid curve) with equation f(x) = \frac, where For values of x in the domain of real numbers from -\infty to +\infty, the S-curve shown on the right is obtained, with the graph of f approaching L as x approaches +\infty and approaching zero as x approaches -\infty. The logistic function finds applications in a range of fields, including biology (especially ecology), biomathematics, chemistry, demography, economics, geoscience, mathematical psychology, probability, sociology, political science, linguistics, statistics, and artificial neural networks. A generalization of the logistic function is the hyperbolastic function of type I. The standard logistic function, where L=1,k=1,x_0=0, is sometimes simply called ''the sigmoid''. It is also sometimes called the ''expit'', being the inverse of the logit. History The logistic function was introduced in a series of three papers by Pierre François Verhulst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Self-organization
Self-organization, also called spontaneous order in the social sciences, is a process where some form of overall order arises from local interactions between parts of an initially disordered system. The process can be spontaneous when sufficient energy is available, not needing control by any external agent. It is often triggered by seemingly random fluctuations, amplified by positive feedback. The resulting organization is wholly decentralized, distributed over all the components of the system. As such, the organization is typically robust and able to survive or self-repair substantial perturbation. Chaos theory discusses self-organization in terms of islands of predictability in a sea of chaotic unpredictability. Self-organization occurs in many physical, chemical, biological, robotic, and cognitive systems. Examples of self-organization include crystallization, thermal convection of fluids, chemical oscillation, animal swarming, neural circuits, and black markets. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Omori Law
In seismology, an aftershock is a smaller earthquake that follows a larger earthquake, in the same area of the main shock, caused as the displaced crust adjusts to the effects of the main shock. Large earthquakes can have hundreds to thousands of instrumentally detectable aftershocks, which steadily decrease in magnitude and frequency according to a consistent pattern. In some earthquakes the main rupture happens in two or more steps, resulting in multiple main shocks. These are known as doublet earthquakes, and in general can be distinguished from aftershocks in having similar magnitudes and nearly identical seismic waveforms. Distribution of aftershocks Most aftershocks are located over the full area of fault rupture and either occur along the fault plane itself or along other faults within the volume affected by the strain associated with the main shock. Typically, aftershocks are found up to a distance equal to the rupture length away from the fault plane. The pattern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Power Law
In statistics, a power law is a Function (mathematics), functional relationship between two quantities, where a Relative change and difference, relative change in one quantity results in a proportional relative change in the other quantity, independent of the initial size of those quantities: one quantity varies as a Exponentiation, power of another. For instance, considering the area of a square in terms of the length of its side, if the length is doubled, the area is multiplied by a factor of four. Empirical examples The distributions of a wide variety of physical, biological, and man-made phenomena approximately follow a power law over a wide range of magnitudes: these include the sizes of craters on the moon and of solar flares, the foraging pattern of various species, the sizes of activity patterns of neuronal populations, the frequencies of words in most languages, frequencies of family names, the species richness in clades of organisms, the sizes of power outages, volcanic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Earthquake
An earthquake (also known as a quake, tremor or temblor) is the shaking of the surface of the Earth resulting from a sudden release of energy in the Earth's lithosphere that creates seismic waves. Earthquakes can range in intensity, from those that are so weak that they cannot be felt, to those violent enough to propel objects and people into the air, damage critical infrastructure, and wreak destruction across entire cities. The seismic activity of an area is the frequency, type, and size of earthquakes experienced over a particular time period. The seismicity at a particular location in the Earth is the average rate of seismic energy release per unit volume. The word ''tremor'' is also used for Episodic tremor and slip, non-earthquake seismic rumbling. At the Earth's surface, earthquakes manifest themselves by shaking and displacing or disrupting the ground. When the epicenter of a large earthquake is located offshore, the seabed may be displaced sufficiently to cause ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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