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Professor Elise Payzan

Professor Elise Payzan

Professor
  • PhD in finance, Swiss Finance Institute听听
  • Master Paris School of Economics
  • Engineer Statistician ENSAE Paris
  • Ecole Normale Sup茅rieure (Ulm, 2001)
Business School
School of Banking and Finance

I am a Scientia Fellow Associate Professor at the 国民彩票 Business School.听 My听research program aims to elucidate how people perceive and react to financial risks, using a combination of theoretical and experimental methods from decision neuroscience, experimental economics, and financial economics. I have听been collaborating with top behavioral scientists worldwide, both from North America (Brown University, The California Institute of Technology, Columbia University, and The Wharton Business School) and Europe (Geneva University) 听 听

I obtained my听PhD in Finance from the Swiss Finance Institute at the Ecole Polytechnique Federale de Lausanne. Prior to studying Finance at the SFI, I听completed the first part of her PhD at the London School of Economics and studied Economics at Princeton University. I听also hold听a diploma of engineer statistician from the ENSAE, Paris, and graduated from the Ecole Normale Sup茅rieure de la rue d鈥橴lm, Paris.

I joined the 国民彩票 Business School in September 2010. I was also a visiting associate at听The California Institute of Technology from 2010 to 2013.听

听
E-mail
elise@unsw.edu.au
Location
国民彩票 Business School - Ref E12 Level 3, Room 359A
  • Book Chapters | 2023
    Payzan E, 2023, 'Neurofinance', in Hillary G; McLean D (ed.), Handbook of Financial Decision Making, Edward Elgar, pp. 91 - 110,
  • Journal articles | 2024
    Payzan-LeNestour E; Doran J, 2024, 'Craving money? Evidence from the laboratory and the field', Science Advances, 10,
    Journal articles | 2023
    Fi拧ar M; Greiner B; Huber C; Katok E; Ozkes AI; Sojli E; Tham WW, 2023, 'Reproducibility in Management Science', Management Science,
    Journal articles | 2023
    Payzan-LeNestour E; Pradier L; Putni艈拧 TJ, 2023, 'Biased risk perceptions: Evidence from the laboratory and financial markets', Journal of Banking and Finance, 154,
    Journal articles | 2022
    Payzan-LeNestour E; Doran J; Pradier L; Putni艈拧 TJ, 2022, 'Harnessing Neuroscientific Insights to Generate Alpha', Financial Analysts Journal, 78, pp. 79 - 95,
    Journal articles | 2022
    Payzan-LeNestour E; Woodford M, 2022, 'Outlier blindness: A neurobiological foundation for neglect of financial risk', Journal of Financial Economics, 143, pp. 1316 - 1343,
    Journal articles | 2021
    Payzan-LeNestour E; Pradier L; Doran J; Nave G; Balleine B, 2021, 'Impact of ambient sound on risk perception in humans: neuroeconomic investigations', Scientific reports, 11, pp. 5392,
    Journal articles | 2018
    Payzan-LeNestour E, 2018, 'Can people learn about 鈥榖lack swans鈥? Experimental evidence', Review of Financial Studies, 31, pp. 4815 - 4862,
    Journal articles | 2016
    Payzan-LeNestour E; Balleine BW; Berrada T; Pearson J; Payzan E, 2016, 'Variance After-Effects Distort Risk Perception in Humans', Current Biology, 26, pp. 1500 - 1504,
    Journal articles | 2014
    Payzan EL; Bossaerts P, 2014, 'Learning About Unstable, Publicly Unobservable Payoffs', The Review of Financial Studies,
    Journal articles | 2013
    Payzan-Lenestour E; Bossaerts P; Dunne S; O''Doherty J, 2013, 'The Neural Representation of Unexpected Uncertainty during Value-Based Decision Making', Neuron, 79, pp. 191 - 201,
    Journal articles | 2012
    Payzan-Lenestour E; Bossaerts P, 2012, 'Do not bet on the unknown versus try to find out more: Estimation uncertainty and "unexpected uncertainty" both modulate exploration', Frontiers in Neuroscience, pp. Article number 150,
    Journal articles | 2011
    Payzan-Lenestour E; Bossaerts P, 2011, 'Risk, unexpected uncertainty, and estimation uncertainty: Bayesian learning in unstable settings', PLoS Computational Biology, 7
    Journal articles |
    Payzan-LeNestour E; Woodford M, ''Outlier Blindness': Efficient Coding Generates an Inability to Represent Extreme Values', SSRN Electronic Journal,
  • Working Papers | 2020
    Doran J; Pradier L; Nave G; Balleine B; Payzan E, 2020, Friend or Foe: The Influence of Ambient Sound on Risk Perception, ,
    Working Papers | 2020
    Payzan E; Doran J, 2020, Craving for Money? Empirical Evidence from the Laboratory and the Field, ,
    Working Papers | 2020
    Payzan E; Putnins T; Pradier L, 2020, The 鈥淲aterfall Illusion鈥 in the Financial Markets: Risk Perception Is Distorted after Prior Exposure to Extreme Risk, ,
    Working Papers | 2020
    Payzan E; Woodford M, 2020, 鈥淥utlier Blindness鈥: Efficient Coding Generates an Inability to Represent Extreme Values, ,
    Working Papers |
    Payzan-LeNestour E, Picking Pennies, Elsevier BV, ,

  • 国民彩票 Business School Research Grants, A$170,000
  • Scientia Research Support听(July 2017-July 2024)

Behavioural Finance, Behavioural Economics, Experimental Finance, Experimental Economics, Neurofinance, Neeuroeconomics

听

Personal Website:听http://www.elisepayzan.com/

Speeches:听听

  • TEDxSydney in May 2016
  • BX2018 Conference in June 2018

Press and TV media releases (examples):

My Research Supervision

Yes

My Teaching

  • Behavioural Finance FINS3655
  • Behavioural Approach听to Finance FINS555