By Professor Elise Lucie Payzan

Book Chapters

Payzan E, 2023, 'Neurofinance', in Hillary G; McLean D (ed.), Handbook of Financial Decision Making, Edward Elgar, pp. 91 - 110, http://dx.doi.org/10.4337/9781802204179.00013

Journal articles

Payzan-LeNestour E; Doran J, 2024, 'Craving money? Evidence from the laboratory and the field', Science Advances, 10, http://dx.doi.org/10.1126/sciadv.adi5034

Fišar M; Greiner B; Huber C; Katok E; Ozkes AI; Sojli E; Tham WW, 2023, 'Reproducibility in Management Science', Management Science, http://dx.doi.org/10.1287/mnsc.2023.03556

Payzan-LeNestour E; Pradier L; Putniņš TJ, 2023, 'Biased risk perceptions: Evidence from the laboratory and financial markets', Journal of Banking and Finance, 154, http://dx.doi.org/10.1016/j.jbankfin.2022.106685

Payzan-LeNestour E; Woodford M, 2022, 'Outlier blindness: A neurobiological foundation for neglect of financial risk', Journal of Financial Economics, 143, pp. 1316 - 1343, http://dx.doi.org/10.1016/j.jfineco.2021.06.019

Payzan-LeNestour E; Doran J; Pradier L; Putniņš TJ, 2022, 'Harnessing Neuroscientific Insights to Generate Alpha', Financial Analysts Journal, 78, pp. 79 - 95, http://dx.doi.org/10.1080/0015198X.2022.2034468

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, http://dx.doi.org/10.1038/s41598-021-84359-7

Payzan-LeNestour E, 2018, 'Can people learn about ‘black swans’? Experimental evidence', Review of Financial Studies, 31, pp. 4815 - 4862, http://dx.doi.org/10.1093/rfs/hhy040

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, http://dx.doi.org/10.1016/j.cub.2016.04.023

Payzan EL; Bossaerts P, 2014, 'Learning About Unstable, Publicly Unobservable Payoffs', The Review of Financial Studies, http://dx.doi.org/10.1093/rfs/hhu069

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, http://dx.doi.org/10.1016/j.neuron.2013.04.037

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, http://dx.doi.org/10.3389/fnins.2012.00150

Payzan-Lenestour E; Bossaerts P, 2011, 'Risk, unexpected uncertainty, and estimation uncertainty: Bayesian learning in unstable settings', PLoS Computational Biology, 7

Payzan-LeNestour E; Woodford M, ''Outlier Blindness': Efficient Coding Generates an Inability to Represent Extreme Values', SSRN Electronic Journal, http://dx.doi.org/10.2139/ssrn.3152166

Working Papers

Payzan E; Woodford M, 2020, “Outlier Blindness”: Efficient Coding Generates an Inability to Represent Extreme Values, http://dx.doi.org, https://dx.doi.org/10.2139/ssrn.3152166

Payzan E; Doran J, 2020, Craving for Money? Empirical Evidence from the Laboratory and the Field, http://dx.doi.org10.2139/ssrn.3545804, https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3545804

Doran J; Pradier L; Nave G; Balleine B; Payzan E, 2020, Friend or Foe: The Influence of Ambient Sound on Risk Perception, http://dx.doi.org, https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3422762

Payzan E; Putnins T; Pradier L, 2020, The “Waterfall Illusion” in the Financial Markets: Risk Perception Is Distorted after Prior Exposure to Extreme Risk, http://dx.doi.org, http://ssrn.com/abstract=2553526

Payzan-LeNestour E, Picking Pennies, Elsevier BV, http://dx.doi.org10.2139/ssrn.2793822, https://doi.org/10.2139/ssrn.2793822

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