Bruno Biais

Centre for Economic Policy Research (CEPR)

Fellow

London

United Kingdom

SCHOLARLY PAPERS

24

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9,150

SSRN CITATIONS
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Top 5,978

in Total Papers Citations

88

CROSSREF CITATIONS

215

Scholarly Papers (24)

1.

Equilibrium High Frequency Trading

International Conference of the French Finance Association (AFFI), May 2011
Number of pages: 36 Posted: 08 May 2011 Last Revised: 15 Mar 2013
Thierry Foucault, Sophie Moinas and Bruno Biais
HEC Paris - Finance Department, Universite de Toulouse 1 Capitole and Centre for Economic Policy Research (CEPR)
Downloads 1,546 (23,110)
Citation 10

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2.
Downloads 1,399 (26,806)

Machiavellian Privatization

Number of pages: 41 Posted: 15 Jan 2001
Enrico C. Perotti and Bruno Biais
University of Amsterdam - Finance Group and Centre for Economic Policy Research (CEPR)
Downloads 1,399 (26,354)
Citation 31

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privatization, underpricing, political economy, re-election, IPOs, political risk

Machiavellian Privatization

Posted: 26 Jan 2001
Enrico C. Perotti and Bruno Biais
University of Amsterdam - Finance Group and Centre for Economic Policy Research (CEPR)

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privatization, underpricing, political economy, re-election, IPOs, political risk

3.

Imperfect Competition in Financial Markets: Island vs NASDAQ

Number of pages: 40 Posted: 23 Nov 2003
Centre for Economic Policy Research (CEPR), Universite de Toulouse - (IDEI - CRG) and Carnegie Mellon University - David A. Tepper School of Business
Downloads 1,373 (27,558)
Citation 43

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financial markets, liquidity supply, ECN, Island, NASDAQ

4.

Equilibrium Asset Pricing Under Heterogeneous Information

Number of pages: 36 Posted: 09 Jun 2004
Centre for Economic Policy Research (CEPR), University of Cambridge and Carnegie Mellon University - David A. Tepper School of Business
Downloads 927 (48,347)
Citation 23

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Risk-Sharing or Risk-Taking? Counterparty Risk, Incentives and Margins

Journal of Finance, 71, 1669-1698 (2016)
Number of pages: 80 Posted: 16 Mar 2010 Last Revised: 24 Apr 2020
Bruno Biais, Florian Heider and Marie Hoerova
Centre for Economic Policy Research (CEPR), Leibniz Institute for Financial Research SAFE and European Central Bank (ECB)
Downloads 613 (82,230)
Citation 27

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Hedging, Insurance, Derivatives, Moral hazard, Risk management, Counterparty risk, Contagion, Margin requirements

Risk-Sharing or Risk-Taking? Counterparty Risk, Incentives and Margins

ECB Working Paper No. 1413
Number of pages: 49 Posted: 13 Jan 2012
Bruno Biais, Florian Heider and Marie Hoerova
Centre for Economic Policy Research (CEPR), Leibniz Institute for Financial Research SAFE and European Central Bank (ECB)
Downloads 192 (292,933)
Citation 24

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insurance, moral hazard, counterparty risk, margin requirements, derivatives

6.
Downloads 760 (63,352)
Citation 33

Entrepreneurs and New Ideas

Number of pages: 42 Posted: 15 Jul 2003
Bruno Biais and Enrico C. Perotti
Centre for Economic Policy Research (CEPR) and University of Amsterdam - Finance Group
Downloads 734 (65,344)
Citation 14

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Entreprenuership, innovation, experts, information aggregation, venture capital, ideas

Entrepreneurs and New Ideas

Number of pages: 41 Posted: 05 Jun 2003
Bruno Biais and Enrico C. Perotti
Centre for Economic Policy Research (CEPR) and University of Amsterdam - Finance Group
Downloads 26 (931,021)
Citation 3
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Entreprenuership, innovation, experts, information aggregation, venture capital, ideas

Liquidity Shocks and Order Book Dynamics

Number of pages: 51 Posted: 04 Aug 2008 Last Revised: 30 Jun 2009
Bruno Biais and Pierre-Olivier Weill
Centre for Economic Policy Research (CEPR) and University of California, Los Angeles
Downloads 653 (75,989)

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Liquidity Shocks and Order Book Dynamics

NBER Working Paper No. w15009
Number of pages: 52 Posted: 01 Jun 2009 Last Revised: 07 Jul 2023
Bruno Biais and Pierre-Olivier Weill
Centre for Economic Policy Research (CEPR) and University of California, Los Angeles
Downloads 60 (673,595)

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8.

Machiavellian Underpricing

Number of pages: 35 Posted: 12 Nov 1998
Bruno Biais and Enrico C. Perotti
Centre for Economic Policy Research (CEPR) and University of Amsterdam - Finance Group
Downloads 450
Citation 9

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9.

Liquidity and the Cost of Funds in the European Treasury Bills Market

Number of pages: 28 Posted: 11 Apr 2005
Centre for Economic Policy Research (CEPR), University of Toulouse 1 and University of Toulouse I - GREMAQ-IDEI
Downloads 274 (209,210)
Citation 8

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Liquidity, market microstructure, volatility, treasury bills, treasury auctions, yield spread, flight to quality, eurozone

10.
Downloads 260 (220,419)
Citation 8

Political Predation and Economic Development

Number of pages: 49 Posted: 29 Mar 2005
Bruno Biais, Robert Bates and Jean-Paul Azam
Centre for Economic Policy Research (CEPR), Harvard University - Department of Government and University of Toulouse I - Advanced Research in Quantitative Applied Development Economics (ARQADE)
Downloads 238 (239,581)

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political risk, economic development, two-sector economy, growth paths, markov chain, reputation

Political Predation and Economic Development

CEPR Discussion Paper No. 5062
Number of pages: 52 Posted: 03 Aug 2005
Jean-Paul Azam, Robert Bates and Bruno Biais
University of Toulouse I - Advanced Research in Quantitative Applied Development Economics (ARQADE), Harvard University - Department of Government and Centre for Economic Policy Research (CEPR)
Downloads 22 (971,712)
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Political economy, political predation, reputation, economic development

11.
Downloads 156 (351,887)
Citation 1

Trading and Liquidity with Limited Cognition

Number of pages: 49 Posted: 15 Dec 2010
Centre for Economic Policy Research (CEPR), HEC Paris - Finance Department and University of California, Los Angeles
Downloads 113 (454,167)

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liquidity shock, limit-orders, asset pricing and liquidity, algorithmic trading, limited cognition, sticky plans

Trading and Liquidity with Limited Cognition

NBER Working Paper No. w16628
Number of pages: 50 Posted: 18 Dec 2010 Last Revised: 09 Jun 2023
Centre for Economic Policy Research (CEPR), HEC Paris - Finance Department and University of California, Los Angeles
Downloads 43 (785,081)

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12.

The Microstructure of Stock Markets

Number of pages: 62 Posted: 30 Apr 2002
Centre for Economic Policy Research (CEPR), Columbia University and Carnegie Mellon University - David A. Tepper School of Business
Downloads 135 (395,015)
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Market microstructure, liquidity, bid-ask spread, market design, transactions costs

13.
Downloads 117 (440,449)
Citation 42

Strategic Liquidity Supply and Security Design

LSE STICERD Research Paper No. TE445
Number of pages: 41 Posted: 16 Jul 2008
Bruno Biais and Thomas Mariotti
Centre for Economic Policy Research (CEPR) and University of Toulouse I
Downloads 95 (514,272)

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Strategic Liquidity Supply and Security Design

Number of pages: 38 Posted: 18 Jun 2002
Bruno Biais and Thomas Mariotti
Centre for Economic Policy Research (CEPR) and University of Toulouse I
Downloads 22 (971,712)
Citation 19
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Security design, liquidity, mechanism design, adverse selection

Incentive Constrained Risk Sharing, Segmentation, and Asset Pricing

HEC Paris Research Paper No. FIN-2017-1236
Number of pages: 72 Posted: 24 Oct 2017 Last Revised: 29 Nov 2017
HEC Paris - Finance Department, Centre for Economic Policy Research (CEPR) and University of California, Los Angeles
Downloads 85 (552,520)

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15.

Psychological Traits and Trading Strategies

Number of pages: 31 Posted: 26 Feb 2002
Centre for Economic Policy Research (CEPR), University of Toulouse, Universite de Toulouse and Toulouse School of Economics
Downloads 51 (713,093)
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Social intelligence, self-monitors, trading strategies

16.
Downloads 40 (787,488)

Dynamic Security Design

Number of pages: 51 Posted: 08 Feb 2005
Centre for Economic Policy Research (CEPR), University of Toulouse I, University of Toulouse 1 - Toulouse School of Economics (TSE) and University of Toulouse Capitole - Toulouse School of Economics
Downloads 40 (808,035)
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Security design, moral hazard, asset pricing, dynamic financial contracting

Dynamic Security Design

Posted: 08 Jan 2005
Centre for Economic Policy Research (CEPR), University of Toulouse I, University of Toulouse 1 - Toulouse School of Economics (TSE) and University of Toulouse Capitole - Toulouse School of Economics

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Security design, dynamic financial contracting, moral hazard, asset pricing

17.

Credit, Wages and Bankruptcy Laws

Number of pages: 35 Posted: 16 Sep 2003
Bruno Biais and Thomas Mariotti
Centre for Economic Policy Research (CEPR) and University of Toulouse I
Downloads 31 (858,830)
Citation 1
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Financial constraints, credit rationing, bankruptcy law

18.

Price Discovery Across the Rhine

Number of pages: 35 Posted: 15 Aug 2001
Bruno Biais and Isabelle Martinez
Centre for Economic Policy Research (CEPR) and University of Toulouse - Paul Sabatier; LGC
Downloads 28 (885,013)
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International financial markets integration, information assymeteries, market microstructure

19.

Hindsight Bias, Risk Perception and Investment Performance

Management Science, Vol. 55, No. 6, pp. 1018-1029, June 2009
Posted: 09 Aug 2008 Last Revised: 02 Jul 2009
Bruno Biais and Martin Weber
Centre for Economic Policy Research (CEPR) and University of Mannheim - Department of Banking and Finance

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20.

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

Posted: 12 Apr 2005
Centre for Economic Policy Research (CEPR), University of Toulouse, Universite de Toulouse and Toulouse School of Economics

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Psychology and finance, overconfidence, miscalibration, self-monitoring, experimental finance, trading game, asymmetric information, winner's curse

21.

Informal and Formal Credit Markets and Credit Rationing in Cote De Ivoire

Posted: 18 Nov 2003
Centre for Economic Policy Research (CEPR), University of Toulouse I - Advanced Research in Quantitative Applied Development Economics (ARQADE), University of Oxford - Said Business School and University of Toulouse 1 - Toulouse School of Economics (TSE)

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22.

IPO Auctions: English, Dutch,...French and Internet

Posted: 19 Jan 2002
Bruno Biais and Anne Marie Faugeron-Crouzet
Centre for Economic Policy Research (CEPR) and University Aix-Marseille III

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23.

Implicit Collusion on Wide Spreads

Posted: 26 Apr 1998
Centre for Economic Policy Research (CEPR), HEC Paris - Finance Department and National Institute for Agricultural Research (INRA)

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

J. OF FINANCE, Vol. 50 No. 5, December 1995
Posted: 29 Nov 1995
Bruno Biais, Pierre Hillion and Chester S. Spatt
Centre for Economic Policy Research (CEPR), INSEAD - Finance and Carnegie Mellon University - David A. Tepper School of Business

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

Posted: 17 Oct 1994
Bruno Biais, Pierre Hillion and Chester S. Spatt
Centre for Economic Policy Research (CEPR), INSEAD - Finance and Carnegie Mellon University - David A. Tepper School of Business

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