Finance Economics and Econometrics Lab

Seminar Series

2023 - 2024


 

Speaker: Sébastien Duchêne (Monpellier Business School).

Title: “Risk-return trade-offs in the context of environmental impact: a lab-in-the-field experiment with finance professionals”.

joint with A. Nguyen-Huu, D. Dubois and M. Willinger (all CEE Montpellier).

Date: Thursday, April 04th at 12h30 (Paris Time).

 

Abstract: We assess the impact of environmental externalities on portfolio decisions in a lab-in-the-field experiment on finance professionals and students. Participants are prone to accept lower returns for positive environmental impact but will not bear increased risk. They show asymmetric pro-environmental preferences depending on the sign of the externality. Finance professionals are more pro-environment than students, particularly regarding positive externalities, and less influenced by a ranking signal about environmental performance. Control tasks show that experimental measures of pro-social and environmental preferences have less influence on port folios than market practices for professionals but are significant predictors for students.

 

Here is a link to the speaker’s and the FEELab website:

http://www.sebastien-duchene.fr/

https://sites.google.com/view/feelabtbs/

You are cordially invited to participate in the seminar, which will take place in Room 321, Lascrosses building. 

For more information, please contact: Pierre Mella-Barral p.mella-barral@tbs-education.fr