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Didier Sornette Co-dean, Chair Professor

Prof. Didier Sornette is the member of the Academia Europaea, the member of the Swiss Academy of Engineering Sciences, Co-dean and Chair Professor at Risks-X SUSTech, a professor on the Chair of Entrepreneurial Risks at ETH Zurich and also Full Professor of Entrepreneurial Risks at the Department of Management, Technology and Economics at ETH Zurich. Moreover, he is director of the Financial Crisis Observatory, co-founder of the ETH Risk Center, member of the Swiss Finance Institute. He is also an Elected Fellow of the World Innovation Foundation (WIF) and was elected to the rank of American Association for the Advancement of Science (AAAS) Fellow (29 October 2013) for “scientifically or socially distinguished efforts on behalf of the advancement of science or its applications”. Prof. Didier Sornette is a specialist of large and extreme risks. He works on the prediction of complex systems, with applications to finance, economics and insurance as well as to material rupture, earthquakes, landslides and medicine. He put forward  the “dragon king theory”, describing rare and devastating statistical events caused by a snow ball effect that his work suggests can sometimes predicted; established  the Financial Crisis Observatory, monitoring over 20,000 kinds of financial assets globally in real time and successfully predicting market turbulences including three bubble crashes in Chinese stock market in 2007, 2009 and 2015, respectively, bubble of crude oil in 2008 and Swiss franc-Euro decoupling in 2011. He has published over 800 articles in international journals and 10 books, with 47,000 Google Scholar citations and 106 H-index. He worked as an expert consultant for aerospace industrial companies, banks, investment and reinsurance companies, including chief risk advisor at Bank of America, external expert at Los Alamos National Laboratories and member of the Board of the “Fondation d’entreprise SCOR pour la Science”.

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