When a crisis hits, as we are experiencing now with Covid-19, the economy goes into a tailspin, demand drops and firm profits plummet. Yet, not all industries and firms are affected in the same way. It is fairly straightforward to understand why the crisis-produced drop in demand will be much larger in some sectors of the economy than in others: if people are confined at home, air travel will drop to almost nothing, but video game sales may soar as a bored population seeks entertainment they can enjoy despite the lockdown.

Speaker : Pierre Dussauge, HEC Paris Professor

Interested in acquire an in-depth understanding of financial economics principles?

This master’s degree has a hands-on approach that enables participants to immediately apply the tools that they have learned in the classroom, in the workplace.

Join our webinar hosted by Professors Denis Gromb and Evren Ors to find how the case study prepare you to defend your analysis and discuss about it during the Executive MSc in Finance at HEC Paris.

Since the beginning of the COVID-19 epidemic, the reaction of populations and the response of governments in various countries raise many questions.

Cognitive science can help us understand the biases that affect these reactions, and the apparent irrationality of some of them. In this interactive session, Professor Olivier Sibony will use examples drawn from the response to the pandemic in various countries to illustrate several cognitive biases.

The discussion will highlight the dangers that the same cognitive biases present for executives in their strategic decisions, and the lessons they can draw to avoid them.

Speaker: Olivier Sibony, Associate Professor HEC Paris