Economics & Decision Sciences
The Department of Economics & Decision Sciences conducts research in economics, decision theory and statistics, with faculty members exploring a wide range of topics in macroeconomics, international trade, game theory, information theory, decision theory, learning, entrepreneurship and statistics.
The department counts around 20 professors. More than 30 articles have been published in top academic journals in Economics, Statistics and Decision Sciences within the last 2 years, and many of our professors received prizes and awards.
The department is in charge of teaching economics, statistics and entrepreneurship at undergraduate level, within specialized master programs and within the MBA program. Two Master Programs, “Managerial and Financial Economics” and “Master in Economics”, are managed by the department. Department professors also offer many courses in the HEC Paris Ph.D. program.
Leading When the World Stops Following Its Own Rules
Executives want to know what happens next in Iran, in Washington, in the markets. Professor Jeremy Ghez argues that the real skill in a broken world is no longer predicting what happens next, but spotting which of the assumptions that made them successful have stopped...
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IEI - News - The Selection By - Who Shapes Innovation in an Age of Uncertainty?
Who shapes innovation when entrepreneurs navigate ambiguity, AI disruption, and shifting regulatory and capital regimes? Entrepreneurship has long been described through the lens of risk. Yet, as recent research and debates suggest, what founders and innovators truly...
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Award-Winning Insight: Professors Ghez and Chatain Honored for Rethinking Business Strategy in a Fragmenting World
At HEC Paris, faculty are not only observing the evolving business landscape—they are actively shaping it. This year’s Fondation HEC Awards once again underscore the School’s commitment to research excellence and real-world impact, celebrating professors whose work...
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What’s Next for Climate Action in a Fragmented World?
Ten years after the Paris Agreement and the U.S. withdrawal under Trump, climate leaders and academics convened at ChangeNOW 2025 to explore a path forward: a new reset for international cooperation. The future of climate action depends not on new promises, but on...
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Strategy in an Age of Fragmentation
As geopolitics, civil unrest, and technology reshape global strategy, HEC Paris and IRSEM convened a timely dialogue on how firms, states, and civil society must adapt.
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The PhD Odyssey: Rethinking Business Through Research
During the 2025 Graduation Ceremony, doctoral graduates reflect on their journey, reaching beyond the thesis into business and global concerns.
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Antonin Bergeaud Rewarded as one of the Best French Young Economists in 2024
HEC Paris Associate Professor Antonin Bergeaud, has been chosen as one of the three nominees for the 2024 Best Young Economist Award. This prize was created by the Cercle des Economistes and the Le Monde daily, along with Professors Fanny Henriet at the Aix-Marseille...
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HEC Paris Creates a New Research Lab on Mentorship's Role in Startups With the Support of ION Foundation
On January 08, 2025, HEC Paris Business School and the HEC Foundation have announced a 10 million Euro gift from ION Foundation, the philanthropic arm of the Italian entrepreneur Andrea Pignataro, to establish the ION Management Science Lab within the Deep Tech Center at...
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Antonin Bergeaud Rewarded as one of the Best French Young Economists in 2024
HEC Paris Associate Professor Antonin Bergeaud, has been chosen as one of the three nominees for the 2024 Best Young Economist Award. This prize was created by the Cercle des Economistes and the Le Monde daily, along with Professors Fanny Henriet at the Aix-Marseille...
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COP28 & François Gemenne: the Private Sector Needs to Be More Involved
Some are labeling the decision text”weak” and “full of loopholes”, others are welcoming it as “historic”. HEC professor François Gemenne was in the UAE capital Dubai to witness firsthand the sessions and debates at COP28. The lead author for IPPC returned to our HEC...
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New Doctoral Students Bring Fresh Horizons to Ph.D. Family
11 new students embarked on the long and winding journey towards a Ph.D. in September, bringing the total number of doctoral candidates at HEC Paris to 56. Hailing from as far afield as Brazil, Singapore, Italy, India and Mexico, they were given an immediate taste of the...
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HEC Accelerates its Recruitment Drive for Top Research Professors
HEC Paris continues its campaign to recruit world-class research professors with the arrival of 14 new academics to its faculty ranks. This maintains its long-term objective of becoming one of the world's research hubs. The academics join the Finance, Economics & Decision...
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Gaetano Gaballo Wins European Research Council (ERC) Consolidator Grant
Gaetano Gaballo, Associate Professor of Economics at HEC Paris and member of the GREGHEC joint research lab with the CNRS, has been awarded a European Research Council (ERC) Consolidator Grant for his research project on inflation. Gaetano thus becomes HEC’s fourth...
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Research on Equity Crowdfunding Accepted in the RAND Journal of Economics
HEC Paris Professor of Finance Stefano Lovo has had his research paper “ Herding in Equity Crowdfunding” accepted for publication in the RAND Journal of Economics, the leading journal in industrial organization. The research is in collaboration with Thomas Astebro...
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Itzhak Gilboa Ranked Among World's Top 6 Theoretical Economists
Itzhak Gilboa, Professor of Economics and Decision Sciences at HEC Paris, has been ranked 6th theoretical economist in the world in a study by Stanford University.
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HEC and ChangeNOW 2023: Setting New Environmental Trends
HEC Paris was more present than ever in the annual ChangeNOW summit, organizing four sessions devoted to women entrepreneurs, transition and stability, impactful research and business for peace. The 2023 edition involving 35,000 participants from 120 countries was the...
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2022: A "Grand Cru" for Research Impact
HEC Paris is ranked the top business school in Europe by the Financial Times, and research impact is part of the ranking’s factors. Indeed, HEC Paris is one of the world’s top research schools in economics and management, and our faculty aim to have an impact on pedagogy...
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Major Influx into HEC’s Researcher-professor Community in 2022
HEC Paris welcomed 11 new research professors to its faculty ranks for this new academic year, one of the richest pickings in years. The top-class scholars join seven of the school’s nine departments, swelling HEC’s total of professor-researchers to 120.
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D-TEA Marks its 10th edition with Homage to Pioneer David Schmeidler
The 2022 D-TEA (Decision: Theory, Experiments & Applications) was historic in two ways: as a tenth anniversary marking HEC’s expansion into a crucial economic field. And as a moving homage to one of the event’s pioneers, Professor David Schmeidler, who passed away on March...
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PhD Dissertation Defense, Wei Zhao, Economics and Decision Sciences
Congratulations to Dr Wei Zhao, Economics and Decision Sciences specialization, who successfully defended his Doctoral Dissertation at HEC Paris, on June 21, 2022. Dr Zhao has accepted a position at Renmin University - School of Economics (China) as Assistant Professor...
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Armin Steinbach awarded Jean Monnet Chair in Law and Economics
Professor Armin Steinbach has been awarded a Jean Monnet Chair in European Union Studies by the European Commission. Armin will hold the Chair in EU Law and Economics until 2025.
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Armin Steinbach and a group of economists and lawyers propose blueprint for reforming Europe
A team of leading economists and lawyers specialising in EU affairs propose an ambitious yet feasible blueprint for reforming the European macroeconomic policy system in a CEPR Policy Insight.
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HEC Academics Enjoy Rich Exchange with Station F Startuppers
More than a dozen of HEC’s top faculty members paid a visit to Station F in early December as part of a learning expedition to the world’s biggest startup campus. This was designed to further solidify the strong ties between the business school and this hub of incubating...
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HEC Data Day Returns with Groundbreaking Multidisciplinary Research
The fourth Data Day saw a welcome return to in-person presentations and conversations. 21 months after its previous edition, this hybrid event involved 150 practitioners, researchers and students gathered in the Jouy campus’ T Building. The 2021 edition saw lively...
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HEC Academic Makes Noise with Study on Flaw in Human Judgment
HEC Professor of Strategy (Education Track) Olivier Sibony joined forces with Nobel-laureate Daniel Kahneman and legal scholar Cass Sunstein to publish Noise, a monumental work on human error. The trio thus reinvents a term for this variability of judgment which pervades...
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Armin Steinbach Nominated as Arbitrator in Bilateral Trade Disputes Involving the European Union
The European Commission has published a pool of individuals eligible for appointment as arbitrators and trade and sustainability experts in bilateral disputes under trade agreements with third countries. Armin Steinbach is one of the selected individuals following an...
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PhD Dissertation Defense, Emilien Macault, Economics and Decision Sciences
Congratulations to Dr Emilien Macault, Economics and Decision Sciences specialization, who successfully defended his Doctoral Dissertation at HEC Paris, on December 7, 2021.
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7 Professors Join HEC Paris in 2021, with a Focus on AI
A total of seven new professors have reinforced the ranks of HEC’s world-class academic staff. Allow us to introduce you to the seven arriving on campus: Yann Algan, Pablo M. Baquero, Julien Grand-Clément, Armin Steinbach, Klaus M. Miller, Matthew Yeaton and Aluna Wang...
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Decision Scientists Remind of the Theories for Rational Policymaking During a Pandemic
HEC Paris Professor of Economics and Decision Sciences Itzhak Gilboa and fellow researchers have co-published an article calling for a dialog with decision makers. The recently-published article, “ Rational policymaking during a pandemic” reminds legislators that modern...
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HEC Paris Welcomes Five Top Research Professors
This year, five research professors join the ranks of HEC Paris’ faculty, making it a total of 116 HEC research professors in the faculty. The newcomers’ focus of research includes revenue management, consumer behavior, systems problems, human resources management, brand...
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PhD Thesis Defense, Veronica Cappelli, Economics and Decision Sciences
Congratulations to Dr Veronica Cappelli, Economics and Decision Sciences, who successfully defended her Doctoral thesis at HEC Paris, on July 13, 2020. Veronica will join the Stanford University as postdoc researcher.
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PhD Thesis Defense, Fan Wang, Economics and Decision Sciences
Congratulations to Dr Fan Wang, Economics and Decision Sciences, who successfully defended his Doctoral thesis at HEC Paris, on July 13, 2020. Fan will join the ESSEC Business School - Singapore as assistant professor.
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PhD Thesis Defence, Thomas Rivera, Economics and Decision Sciences
Congratulations to Dr Thomas J. Rivera, Economics and Decision Sciences, who successfully defended his Doctoral thesis at HEC Paris, on March 4, 2020. Thomas joined the Desautels Faculty of Management at McGill University as Assistant Professor.
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12 New Research Academics Arrive at HEC Paris
The October 3 Faculty Day featured welcome speeches for a dozen academic figures who join the ranks of HEC research professors, now numbering a total of 120. Faculty & Research Dean Jacques Olivier and Dean Peter Todd greeted the new staff members.
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PhD students directory
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Office : Buil. V - 120