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

Judgemental Overconfidence, Self-Monitoring, and Trading Performance in an Experimental Financial Market

Review of Economic Studies, April 2005, vol. 72, n° 2, pp 287-312, (in coll. with D. HILTON, K. MAZURIER, S. POUGET)

Market microstructure: A survey of microfoundations, empirical results, and policy implications

Journal of Financial Markets, 2 December 2005, vol. 8, n° 2, pp 217-264, (in coll. with L. GLOSTEN, C. SPATT)

Risque opérationnel et régulation du capital dans l'industrie de la gestion de fonds d'investissement en europe

Revue d'Économie Financière, 2005, vol. 79, n° 2, pp 197-211, (in coll. with C. CASAMATTA, J-C. ROCHET)

Strategic Liquidity Supply and Security Design

Review of Economic Studies, July 2005, vol. 72, n° 3, pp 615-649, (in coll. with T. MARIOTTI)

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