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AI Trading Algorithms Can Make Markets Less Competitive

July 3rd, 2026
7 minutes
Jean-Edouard Colliard, Thierry Foucault, Stefano Lovo

AI-driven trading can blunt competition and even lift prices in financial markets. 

Research insights from HEC Paris faculty

How AI Skews VC Funding Away From Breakthroughs

HEC Paris PhD Maxime Bonelli’s study shows that while AI boosts VC efficiency, it reduces funding for novel, high-impact innovations.

Maxime Bonelli

Why People Trust AI More Than Humans — Even When It’s Flawed

New research by Cathy Yang, Xitong Li and Sangseok You reveals a paradox: people trust AI advice more than human guidance, even when they know it’s flawed.

Liu Cathy Yang, Xitong Li, Sangseok You

Black Swans Upend Logic - So We Rethought Decision Models

Uncertainty challenges rational decision-making. So, HEC Paris Professor Itzhak Gilboa created a new model that combines theory-based and case-based reasoning.

Stefania Minardi, Itzhak Gilboa

Why Legitimacy Is a Business Imperative

Julien Jourdan’s research explores how geopolitical disruptions and moral scrutiny expose firms to legitimacy risk, forcing strategic realignment.

Julien Jourdan

The Promise of AI in HR Undermined by Imperfect Data and Fragile Trust

Poor data quality, bias, weak oversight, and shallow applications undermine AI’s impact in recruitment, training, and engagement, as revealed by research from Françoise Chevalier.

Françoise Chevalier

AI Set to Reshape Private Equity Workflows and Jobs

HEC Professor Thomas Åstebro explores how AI is transforming private equity deal-making, and why it could trigger an industry-wide shakeout.

Thomas Åstebro

The Uncertain Promise of Human Rights in Sports

Caster Semenya’s case exposes contradictions between science and fairness in sports, and how the West still exoticizes bodies from the Global South.

Matteo Winkler

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