Brice Corgnet

"As I gradually learned, the action -all the learning and understanding- occurs in the pursuit of knowledge. 
The questions actually multiply faster than the answers, and that is the charm of education as a search process."   
                                                                                                           Vernon Smith, Discovery - A Memoir (2008)

Associate Professor of Finance, EM LYON Business School 
Research Website at IDEAS.

Research Interests:
Organizational & Labor Economics: incentive theory, intrinsic motivation and personnel economics.
Cognitive & Behavioral Economics: reciprocity models, self-serving biases, cognitive reflection.
Behavioral & Corporate Finance: experimental asset markets, information aggregation, market efficiency, learning, financial literacy, bubbles and cognitive finance.
Experimental Methods: virtual firms and cloud-based experiments.

Bio: I investigate questions related to Organizational & Labor Economics, Behavioral Finance and Cognitive EconomicsMy work in finance focuses on market design, financial literacy and the informational efficiency of markets. Recently, I have put most of my research effort on creating the field of "Cognitive Finance". I am also developing a computer software "Virtual Organization (starting Dec. 2008) for the realization of research experiments as well as for teaching in disciplines ranging from Corporate Finance to Organizational Economics. 

Some recent publications (all publications here):

“Goal Setting in the Principal-Agent Model: Weak Incentives for Strong Performance” (2018) 
Games and Economic Behavior, In Press  (with J. Gomez-Minambres and R. Hernán)

What Makes a Good Trader? On the Role of Reflection and Intuition on Trader Performance, (2017)
Journal of Finance In Press (with M. DeSantis and D. Porter).

“Revisiting the Tradeoff Between Risk and Incentives: The Shocking Effect of Random Shocks,” (2017)
Management ScienceIn Press (with R. Hernán).

“Goal Setting and Monetary Incentives: When Large Stakes Are Not Enough” (2015)
Management Science,  61 (12), 2926-2944  (with J. Gomez-Minambres and R. Hernán).

“Firing Threats and Tenure in Virtual Organizations: Incentives Effects and Impression Management” (2015)
Games and Economic Behavior, 91, 97–113 (with R. Hernán and S. Rassenti).

“The Effect of Earned vs. House Money on Price Bubble Formation in Experimental Asset Markets” (2015)
Review of Finance19, 1455-1488 (with R. Hernán, P. Kujal and D. Porter). 

“Don’t Ask Me If You Will Not Listen: The Dilemma of Participative Decision Making” (2014)
Management Science, 60 560-585. (with R. Hernán)

Reaction to Public Information in Markets: How much does Ambiguity Matter?” (2013) 
Economic Journal, 6, 699-737. (with P. Kujal and D. Porter)

My recent research has been published in major journals including Journal of Finance (forthcoming), Economic Journal, Management Science, Review of Finance, Games and Economic Behavior, Journal of Economic Behavior and Organizations, Experimental Economics, Economic InquiryJournal of Economic and Management Strategy, Frontiers in Behavioral Neuroscience...