WorldCat Identities

Biais, B. (Bruno)

Overview
Works: 78 works in 216 publications in 2 languages and 1,571 library holdings
Genres: Conference papers and proceedings 
Roles: Author, Editor, Thesis advisor, Publishing director, Other
Publication Timeline
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Most widely held works by B Biais
Financial mathematics : lectures given at the 3rd session of the Centro Internazionale Matematico Estivo (C.I.M.E.) held in Bressanone, Italy, July 8-13, 1996 by Centro internazionale matematico estivo( Book )

19 editions published in 1997 in English and held by 401 WorldCat member libraries worldwide

Financial Mathematics is an exciting, emerging field of application. The five sets of course notes in this book provide a bird's eye view of the current "state of the art" and directions of research. For graduate students it will therefore serve as an introduction to the field while reseachers will find it a compact source of reference. The reader is expected to have a good knowledge of the basic mathematical tools corresponding to an introductory graduate level, and sufficient familiarity with probabilistic methods, in particular stochastic analysis. B. Biais, J.C. Rochet: Risk-sharing, adverse selection and market structure.- T. Bjrk: Interest-rate theory.- J. Cvitanic: Optimal trading under constraints.- N. El Karoui, M.C. Quenez: Nonlinear pricing theory and backward stochastic differential equations.- E. Jouini: Market imperfections, equilibrium and arbitrage
New research in corporate finance and banking( Book )

12 editions published between 2001 and 2002 in English and held by 214 WorldCat member libraries worldwide

New research in financial markets by B Biais( Book )

13 editions published in 2001 in English and held by 213 WorldCat member libraries worldwide

This text is a reflection of research carried out by European scholars into financial economics. Topics discussed include asset pricing in the context of perfect markets, take-over bids, and the interplay between banks and financial markets
Microstructure des marchés financiers : institutions, modèles et tests empiriques by B Biais( Book )

5 editions published in 1997 in French and held by 96 WorldCat member libraries worldwide

Organistion et qualité des marchés financiers( Book )

5 editions published in 1997 in French and held by 67 WorldCat member libraries worldwide

Machiavellian underpricing by B Biais( Book )

9 editions published in 1998 in English and held by 29 WorldCat member libraries worldwide

Strategic liquidity supply and security design by B Biais( Book )

9 editions published between 2002 and 2003 in English and held by 22 WorldCat member libraries worldwide

Price discovery across the Rhine by B Biais( Book )

7 editions published in 2001 in English and held by 18 WorldCat member libraries worldwide

This Paper studies the formation of opening prices for German and French stocks, simultaneously traded in Frankfurt and Paris. We analyse theoretically the case where investors and traders based in the same country as the firm have better information on its value than foreign traders. Our model implies that prices set on the domestic market should be informationally more e±cient than prices set on the foreign market. For German stocks, our empirical results are consistent with theory. The informational e±ciency of French stock prices is comparable in the two markets when the Frankfurt specialist can observe Paris preopening prices before opening the market
Credit, wages and bankruptcy laws by B Biais( Book )

5 editions published in 2003 in English and held by 14 WorldCat member libraries worldwide

Entrepreneurs and new ideas by B Biais( Book )

9 editions published between 2003 and 2004 in English and held by 14 WorldCat member libraries worldwide

Liquidity shocks and order book dynamics by B Biais( Book )

8 editions published in 2009 in English and held by 14 WorldCat member libraries worldwide

We propose a dynamic competitive equilibrium model of limit order trading, based on the premise that investors cannot monitor markets continuously. We study how limit order markets absorb transient liquidity shocks, which occur when a significant fraction of investors lose their willingness and ability to hold assets. We characterize the equilibrium dynamics of market prices, bid-ask spreads, order submissions and cancelations, as well as the volume and limit order book depth they generate
The microstructure of stock markets by B Biais( Book )

6 editions published in 2002 in English and held by 13 WorldCat member libraries worldwide

Psychological traits and trading strategies by Bruno Biais( Book )

7 editions published between 2001 and 2002 in English and held by 12 WorldCat member libraries worldwide

Political predation and economic development by Jean-Paul Azam( Book )

5 editions published in 2005 in English and held by 11 WorldCat member libraries worldwide

Trading and liquidity with limited cognition by B Biais( Book )

7 editions published in 2010 in English and held by 10 WorldCat member libraries worldwide

We study the reaction of financial markets to aggregate liquidity shocks when traders face cognition limits. While each financial institution recovers from the shock at a random time, the trader representing the institution observes this recovery with a delay reflecting the time it takes to collect and process information about positions, counterparties and risk exposure. Cognition limits lengthen the market price recovery. They also imply that traders who find that their institution has not yet recovered from the shock place market sell orders, and then progressively buy back at relatively low prices, while simultaneously placing limit orders to sell later when the price will have recovered. This generates round trip trades, which raise trading volume. We compare the case where algorithms enable traders to implement this strategy to that where traders can place orders only when they have completed their information processing task
Symposium on finance by Manresa> Symposium on Finance. <2000( Book )

4 editions published in 2002 in English and held by 9 WorldCat member libraries worldwide

Cèples by B Biais( Book )

3 editions published in 1987 in French and held by 9 WorldCat member libraries worldwide

Dynamic security design by Bruno Biais( Book )

4 editions published in 2004 in English and held by 8 WorldCat member libraries worldwide

Option prices, insider trading, and interdealer competition by B Biais( Book )

1 edition published in 1991 in English and held by 5 WorldCat member libraries worldwide

Incentive constrained risk sharing, segmentation, and asset pricing by B Biais( )

2 editions published in 2017 in English and held by 0 WorldCat member libraries worldwide

Incentive problems make assets imperfectly pledgeable. Introducing these problems in an otherwise canonical general equilibrium model yields a rich set of implications. Asset markets are endogenously segmented. There is a basis going always in the same direction, as the price of any risky asset is lower than that of the replicating portfolio of Arrow securities. Equilibrium expected returns are concave in consumption betas, in line with empirical findings. As the dispersion of consumption betas of the risky assets increases, incentive constraints are relaxed and the basis reduced. When hit by adverse shocks, relatively risk tolerant agents sell the safest assets they hold
 
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Financial mathematics : lectures given at the 3rd session of the Centro Internazionale Matematico Estivo (C.I.M.E.) held in Bressanone, Italy, July 8-13, 1996
Alternative Names
Biais, B.

Biais, Bruno

Languages
English (127)

French (13)

Covers
New research in corporate finance and bankingNew research in financial markets