Abstract:A review of physical mechanisms of the rogue wave phenomenon is given. The data of marine observations as well as laboratory experiments are briefly discussed. They demonstrate that freak waves may appear in deep and shallow waters. Simple statistical analysis of the rogue wave probability based on the assumption of a Gaussian wave field is reproduced. In the context of water wave theories the probabilistic approach shows that numerical simulations of freak waves should be made for very long times on large spatial domains and large number of realizations. As linear models of freak waves the following mechanisms are considered: dispersion enhancement of transient wave groups, geometrical focusing in basins of variable depth, and wave-current interaction. Taking into account nonlinearity of the water waves, these mechanisms remain valid but should be modified. Also, the influence of the nonlinear modulational instability (BenjaminFeir instability) on the rogue wave occurence is discussed. Specific numerical simulations were performed in the framework of classical nonlinear evolution equations: the nonlinear Schrödinger equation, the Davey -Stewartson system, the Korteweg -de Vries equation, the Kadomtsev -Petviashvili equation, the Zakharov equation, and the fully nonlinear potential equations. Their results show the main features of the physical mechanisms of rogue wave phenomenon.