Bruno Biais

Centre for Economic Policy Research (CEPR)

Fellow

77 Bastwick Street

London, EC1V 3PZ

United Kingdom

SCHOLARLY PAPERS

24

DOWNLOADS
Rank 4,443

SSRN RANKINGS

Top 4,443

in Total Papers Downloads

7,769

CITATIONS
Rank 2,020

SSRN RANKINGS

Top 2,020

in Total Papers Citations

279

Scholarly Papers (24)

1.
Downloads 1,307 ( 11,755)
Citation 86

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 1,307 (11,503)
Citation 86

Abstract:

Loading...

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

Machiavellian Privatization

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

Abstract:

Loading...

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

2.

Imperfect Competition in Financial Markets: Island vs Nasdaq

14th Annual Utah Winter Finance Conference Paper; AFA 2004 San Diego Meetings; EFA 2002 Berlin Meetings Presented Paper
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 1,246 (12,269)
Citation 8

Abstract:

Loading...

financial markets, liquidity supply, ECN, Island, NASDAQ

3.

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 991 (14,737)
Citation 20

Abstract:

Loading...

4.

Equilibrium Asset Pricing Under Heterogeneous Information

EFA 2004 Maastricht Meetings Paper No. 5083; 13th Annual Utah Winter Finance Conference; AFA 2003 Washington, DC Meetings
Number of pages: 36 Posted: 09 Jun 2004
Centre for Economic Policy Research (CEPR), Brain, Mind and Markets Laboratory and Carnegie Mellon University - David A. Tepper School of Business
Downloads 800 (23,520)
Citation 20

Abstract:

Loading...

5.
Downloads 705 ( 29,554)
Citation 22

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 679 (30,519)
Citation 22

Abstract:

Loading...

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

Entrepreneurs and New Ideas

CEPR Discussion Paper No. 3864
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 (436,759)
Citation 22
  • Add to Cart

Abstract:

Loading...

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

6.
Downloads 625 ( 34,759)
Citation 9

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 592 (36,798)
Citation 9

Abstract:

Loading...

Liquidity Shocks and Order Book Dynamics

NBER Working Paper No. w15009
Number of pages: 52 Posted: 01 Jun 2009
Bruno Biais and Pierre-Olivier Weill
Centre for Economic Policy Research (CEPR) and University of California, Los Angeles
Downloads 33 (403,297)
Citation 9

Abstract:

Loading...

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

Journal of Finance, Forthcoming
Number of pages: 80 Posted: 16 Mar 2010 Last Revised: 11 Sep 2015
Bruno Biais, Florian Heider and Marie Hoerova
Centre for Economic Policy Research (CEPR), European Central Bank (ECB) and European Central Bank (ECB)
Downloads 428 (55,770)
Citation 7

Abstract:

Loading...

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 145 (172,647)
Citation 7

Abstract:

Loading...

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

8.
Downloads 218 (119,251)
Citation 3

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 194 (133,066)
Citation 3

Abstract:

Loading...

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 (459,345)
Citation 3
  • Add to Cart

Abstract:

Loading...

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 (575,862)
Citation 3
  • Add to Cart

Abstract:

Loading...

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 202 (118,685)
Citation 3

Abstract:

Loading...

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

10.

The Microstructure of Stock Markets

CEPR Discussion Paper No. 3288
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 134 (183,526)
Citation 7
  • Add to Cart

Abstract:

Loading...

Market microstructure, liquidity, bid-ask spread, market design, transactions costs

11.
Downloads 103 (223,619)
Citation 6

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 88 (250,213)
Citation 6

Abstract:

Loading...

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
Centre for Economic Policy Research (CEPR), HEC Paris - Finance Department and University of California, Los Angeles
Downloads 15 (500,206)
Citation 6

Abstract:

Loading...

12.
Downloads 62 (303,216)
Citation 10

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 40 (375,574)
Citation 10

Abstract:

Loading...

Strategic Liquidity Supply and Security Design

CEPR Discussion Paper No. 3369
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 (459,345)
Citation 10
  • Add to Cart

Abstract:

Loading...

Security design, liquidity, mechanism design, adverse selection

13.

Psychological Traits and Trading Strategies

CEPR Discussion Paper No. 3195
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 (333,185)
Citation 4
  • Add to Cart

Abstract:

Loading...

Social intelligence, self-monitors, trading strategies

14.
Downloads 39 (371,666)

Dynamic Security Design

CEPR Discussion Paper No. 4753
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 Zurich - Swiss Banking Institute (ISB)
Downloads 39 (379,352)
Citation 46
  • Add to Cart

Abstract:

Loading...

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 Zurich - Swiss Banking Institute (ISB)

Abstract:

Loading...

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

15.

Credit, Wages and Bankruptcy Laws

CEPR Discussion Paper No. 3996
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 (401,991)
Citation 12
  • Add to Cart

Abstract:

Loading...

Financial constraints, credit rationing, bankruptcy law

16.

Price Discovery Across the Rhine

AFA 2002 Atlanta Meetings; CEPR Disc. Paper No. 2878
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 27 (415,208)
Citation 3
  • Add to Cart

Abstract:

Loading...

International financial markets integration, information assymeteries, market microstructure

Incentive Constrained Risk Sharing, Segmentation, and Asset Pricing

Number of pages: 72 Posted: 24 Oct 2017
HEC Paris - Finance Department, Centre for Economic Policy Research (CEPR) and University of California, Los Angeles
Downloads 9 (540,240)

Abstract:

Loading...

18.

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

Abstract:

Loading...

19.

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

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

Abstract:

Loading...

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

20.

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

Oxford Review of Economic Policy, Vol. 17, No. 4, 2001
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)

Abstract:

Loading...

21.

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

Journal of Financial Intermediation, Vol. 11, No. 1
Posted: 19 Jan 2002
Bruno Biais and Anne Marie Faugeron-Crouzet
Centre for Economic Policy Research (CEPR) and University Aix-Marseille III

Abstract:

Loading...

22.

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)

Abstract:

Loading...

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

Abstract:

Loading...

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

Abstract:

Loading...

24.

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 0
Citation 12

Abstract:

Loading...