Bruno BIAIS

Professor

Finance

biaisb@hec.fr
Profile picture

Biography

Bruno Biais holds a PHD in finance from HEC, received the Paris Bourse dissertation award and the CNRS bronze medal. He taught at Toulouse, Carnegie Mellon, Oxford, LSE, and now HEC. His research on finance, contract theory and experimental economics is published in Econometrica, Journal of Political Economy, American Economic Review, Review of Economic Studies, Journal of Finance, Review of Financial Studies and Journal of Financial Economics. He was editor of the Review of Economic Studies and of the Journal of Finance. He is a fellow of the Econometric Society and the Finance Theory group and has been scientific adviser to the NYSE, Euronext, European Central Bank and Bank of England. His current research project, entitled "Welfare, Incentives, and Dynamic Equilibrium" benefits from the support ot the European Resarch Council (ERC Advanced Grant).

Scientific articles

Books

Chapters in edited books

Proceedings

Working papers

Scientific articles

Asset Prices and Trading Volume in a Beauty Contest

Review of Economic Studies, April 1998, vol. 65, n° 2, pp 307-340, (in coll. with P. BOSSAERTS)

Floors, Limit Order Markets and Dealer Markets

Journal of Financial Markets, 28 September 1998, vol. 1, n° 3-4, pp 253-284, (in coll. with T. FOUCAULT, F. SALANIE)

Trade Credit and Credit Rationing

Review of Financial Studies, Winter 1997, vol. 10, n° 4, pp 903-937, (in coll. with C. GOLLIER)

An Empirical Analysis of the Limit Order Book and the Order Flow in the Paris Bourse

Journal of Finance, 3 February 1995, vol. 50, n° 5, pp 1655-1689, (in coll. with P. HILLION, C. SPATT)

Books

Chapters in edited books

Proceedings

Working papers

Education

  • Doctorate in Finance, HEC Paris - France

Academic appointments

Academic Responsibilities at HEC

  • 2018- Professor, Finance HEC Paris
  • 1989-1993 Assistant Professor HEC Paris

External Academic Responsibilities

  • 2005-2017 Directeur de Recherche CNRS Université de Toulouse
  • 1993-2004 Professor Université de Toulouse

Awards & honors

  • 2012 Trading and Post-Trading
  • 2012 Elected Fellow of the Econometric Society. Appointed Economic Theory Fellow, by the Society for the Advancement of Economic Theory
  • 2002 Outstanding Referee Award, Review of Financial Studies
  • 1999 Junior Fellow of the Institut Universitaire de France
  • 1998 New York Stock Exchange Award for the Best paper on Equity Trading
  • 1994 CNRS Bronze Medal
  • 1990 Paris Bourse Award for Best PHD Dissertation