Bruno Biais

Centre for Economic Policy Research (CEPR)

Fellow

London

United Kingdom

SCHOLARLY PAPERS

24

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Top 5,841

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8,323

SSRN CITATIONS
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SSRN RANKINGS

Top 4,246

in Total Papers Citations

88

CROSSREF CITATIONS

215

Scholarly Papers (24)

1.
Downloads 1,360 ( 16,103)

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 1,360 (15,779)
Citation 17

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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

2.

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, Toulouse School of Economics and Centre for Economic Policy Research (CEPR)
Downloads 1,309 (17,087)
Citation 1

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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 1,309 (17,087)
Citation 38

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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 Melbourne - Department of Finance and Carnegie Mellon University - David A. Tepper School of Business
Downloads 863 (31,532)
Citation 24

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5.
Downloads 728 ( 39,751)
Citation 30

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 702 (41,141)
Citation 15

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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 (570,965)
Citation 2
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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 628 (47,773)
Citation 1

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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: 04 Jan 2021
Bruno Biais and Pierre-Olivier Weill
Centre for Economic Policy Research (CEPR) and University of California, Los Angeles
Downloads 39 (498,093)

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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), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 504 (63,367)
Citation 25

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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), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 158 (215,085)
Citation 3

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

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 432
Citation 10

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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 237 (148,731)
Citation 7

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

10.
Downloads 230 (153,053)
Citation 6

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 206 (169,782)

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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 (598,855)
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Political economy, political predation, reputation, economic development

Political Predation and Economic Development

Economics & Politics, Vol. 21, No. 2, pp. 255-277, July 2009
Number of pages: 23 Posted: 08 Jun 2009
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 2 (758,074)
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11.

The Microstructure of Stock Markets

Number of pages: 62 Posted: 30 Apr 2002
Centre for Economic Policy Research (CEPR), Columbia Business School - Finance and Economics and Carnegie Mellon University - David A. Tepper School of Business
Downloads 135 (244,045)
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Market microstructure, liquidity, bid-ask spread, market design, transactions costs

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 96 (313,305)

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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: 07 Dec 2020
Centre for Economic Policy Research (CEPR), HEC Paris - Finance Department and University of California, Los Angeles
Downloads 20 (613,268)

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13.
Downloads 71 (372,383)
Citation 31

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 49 (453,669)

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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 (598,855)
Citation 11
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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 54 (434,104)

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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 (438,104)
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Social intelligence, self-monitors, trading strategies

16.
Downloads 40 (483,063)

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 Swiss Finance Institute
Downloads 40 (493,350)
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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 Swiss Finance Institute

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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 (526,344)
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 (542,982)
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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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