{"id":9,"date":"2016-10-22T16:03:17","date_gmt":"2016-10-22T14:03:17","guid":{"rendered":"http:\/\/www.sebastien-duchene.fr\/?page_id=9"},"modified":"2026-04-07T18:36:57","modified_gmt":"2026-04-07T16:36:57","slug":"publications","status":"publish","type":"page","link":"https:\/\/www.sebastien-duchene.fr\/index.php\/publications\/","title":{"rendered":"Publications"},"content":{"rendered":"

Accreditation to supervise research (HDR)<\/span><\/span> , september 2021<\/strong><\/span><\/h4>\n

New working papers !<\/h3>\n
Learning to Forecast: A Lab-in-the-field experiment with finance professionals (with Eric Guerci, Anna Bottasso, Alessia Cafferata, and Cars Hommes)<\/a><\/div>\n
\u00a0<\/div>\n
A Week of Meditation Boosts Prosociality:\u00a0 A Lab Experiment (with Wael Bousselmi, Thomas Boyer-Kassem, Phu Nguyen-Van and Olga Tatarnikova)<\/a>\n

Sustainable by Choice, Contrarian by Habit: How Finance Professionals React to ESG and Volatility<\/a> (with Mustafazade Sara; Dubois Dimitri; and Guerci Eric)<\/span><\/a><\/p>\n

Environmental Framing and Moral Preferences in Portfolio Choice: Evidence from a Lab-in-the-Field Experiment <\/a>(previously named Why finance professionals hold green and brown assets? A lab-in-the-field experiment, with Adrien Nguyen-Huu, Dimitri Dubois and Marc Willinger, companion paper of Valuing Environmental externalities under risk), R&R in Journal of Economic Dynamics and Control (CNRS 1, ABS 3)<\/p>\n

Valuing Environmental Externalities under Risk: Evidence from a Lab-in-the-Field Experiment (with Adrien Nguyen-Huu, Dimitri Dubois and Marc Willinger, companion paper of Environmental framing and moral preferences)<\/a><\/p>\n

Portfolio Instability with SRI assets and investors’ ranking feedback (with Olga Tatarnikova, Patrick Sentis, Marc Willinger), under review.<\/span><\/a><\/p>\n

Pro-social Investors’ Preferences when the Project’s Risk and Return Vary: A Lab-in-the-Field Experiment (with Patrick Sentis, Dimitri Dubois, Rassul-Ishame Kalfane and Marc Willinger)<\/span><\/a><\/p>\n

Instability and performance of ESG portfolios in normal and crisis <\/span>periods (with Olga Tatarnikova, Patrick Sentis, Marc Willinger), under review.<\/span><\/p>\n

Does the physicians\u2019 attitude toward uncertainty matter in medical<\/span> decision<\/span> making<\/span>? A survey of internists. (with Robilliard, Bertrand; Guillon, Marlene; Fesler, Pierre; Oziol, Eric; and Roubille, Camille)<\/span><\/p>\n

Publications in international peer-reviewed journals<\/strong><\/h4>\n

20) (forthcoming) Short-term meditation promotes prosocial investments during financial crises: A laboratory experiment (with Wael Bousselmi, Rassul-Ishame Kalfane, Patrick Sentis, Marc Willinger), \u00a0Finance<\/strong><\/em> (FNEGE 2)<\/p>\n

19) (2025) Reasonable precaution or unjust discrimination? Applying a lexical utility model of the precautionary principle to moral choices<\/a> (with Thomas Boyer-Kassem), Journal of Business Ethics<\/em><\/strong> (FNEGE 1, FT50)<\/p>\n

18) (2024) Depth of reasoning in the 11-20 game differs between financial professionals and students. A lab-in-the-field experiment.<\/a> (with Bernur A\u00e7\u0131kg\u00f6z, Dimitri Dubois, Adrien Nguyen-Huu and Marc Willinger), Economics Letters <\/strong><\/em>(CABS 3)
<\/strong><\/p>\n

17) (2024) Respect des mesures sanitaires contre le Covid<\/span>-19 : n’oublions pas le principe de pr\u00e9caution<\/a> (with Thomas Boyer-Kassem and Isma\u00ebl Rafa\u00ef), Sant\u00e9 Publique, I39-XII.<\/strong><\/em><\/p>\n

16) (2024)<\/a> Association between mindfulness and risk and time preferences<\/a> (with Marl\u00e8ne Guillon and Isma\u00ebl Rafa\u00ef), The<\/strong> Journal of the Economic Science Association<\/strong><\/em> (CABS 1).<\/p>\n

15) (2023) Stated preferences outperform elicited preferences for predicting reported compliance with Covid-19 prophylactic measures.<\/a> (with Isma\u00ebl Rafa\u00ef, Thierry Blayac, Dimitri Dubois, Phu Nguyen-Van, Bruno Ventelou, Marc Willinger), The Journal of Behavioral and Experimental Economics,<\/em><\/strong>107, 102089. <\/em><\/strong>(CNRS 3, CABS 2)<\/p>\n

14) (2023) Portfolio instability and socially responsible investment: experiments with financial professionals and students (with Olga Tatarnikova, Patrick Sentis and Marc Willinger)<\/a>\u00a0 Journal of Economic dynamics and control<\/strong>, <\/em>vol. 153, 104702. (HCERES: A, CNRS: 1)<\/p>\n

13) (2022) What drives the acceptability of restrictive health policies: An experimental assessment of individual preferences for anti-COVID 19 strategies <\/span>(with Thierry Blayac , Dimitri Dubois, Phu Nguyen Van, Bruno Ventelou, Marc Willinger)<\/a>, Economic Modelling<\/em><\/strong>, vol. 116, p. 106047. (JCR Impact Factor: 3.875, Q1 in Economics with Clarivate Analytics 2022; Cite Score: 4.8, Q1 in Economics and Econometrics with Scimago Journal & Country Rank, HCERES: A, CNRS: 2)<\/em><\/span><\/p>\n

Topics: Study of the population’s preferences with regard to Covid-19 epidemic control policies, Methodology: Web-based Discret Choice Experiment with a population of more than 1 100 French individuals<\/p>\n

12) (2022) Higher order risk attitudes of financial experts (with Anna Bottasso, Eric Guerci, Nobuyuki Hanaki and Charles Noussair), <\/span><\/a>Journal of Behavioral and Experimental Finance, <\/strong><\/em>vol. 34, p. 100658. (JCR Impact Factor: 8.222, rank 5 out of 111 Clarivate Analytics 2022 in Business and Finance; Cite Score: 6.1, Q1 in Finance with Scimago Journal & Country Rank)<\/em><\/p>\n

<\/a>Topics: Investigation of the risk attitudes of financial professionals, Methodologies: Field Experiment with market finance professionals and econometrics of experimental data (experimetrics)<\/p>\n

11) (2022) Did Mindful People Do Better during the COVID-19 Pandemic? Mindfulness Is Associated with Well-Being and Compliance with Prophylactic Measures, (with Xinyue Wen, Isma\u00ebl Rafa\u00ef, and Marc Willinger),<\/a> International Journal of Environmental Research and Public Health<\/em><\/strong>. 2022; 19(9):5051. (JCR Impact Factor: 3.390, Q1 in Public, Environmental & Occupational Health, Q2 in Public Health, Environmental and Occupational Health with CiteScore and Scimago Journal & Country Rank)<\/p>\n

Topics: Investigation of the relationship between mindfulness and well-being within the context of compliance with prophylactic measures in the time of COVID-19, Methodology: Online survey with a population of more than 1 100 French individuals<\/p>\n

10) (2022) Nudging for lockdown: behavioural insights from an online experiment (with Thierry Blayac , Dimitri Dubois, Phu Nguyen Van, Isma\u00ebl Rafa\u00ef, Bruno Ventelou, Marc Willinger),<\/a> Social Psychology <\/em><\/strong>(JCR Impact Factor: 2.473, Q1 journal in Psychology, Social Psychology, and Sociology and Political Science with Scimago Journal & Country Rank, Q2 in\u00a0 Social Psychology by Journal Citation Indicator, Clarivate Analytics)<\/p>\n

Topics: Test the effectiveness of a social comparison nudge to enhance lockdown compliance during the Covid-19 pandemic, Methodology: Online experiments with a population of more than 1 100 French individuals<\/p>\n

9) (2022)<\/a> The triple-store experiment: a first simultaneous test of classical and quantum probabilities in choice over menus<\/a> (with Isma\u00ebl Rafa\u00ef, Eric Guerci, Irina Basieva and Andrei Khrennikov),<\/a> Theory and Decision, <\/em><\/strong>92, <\/em>387\u2013406<\/em>.<\/em><\/strong> (HCERES: A, CNRS: 2)<\/p>\n

Topics: Bounded Rationality,\u00a0 Quantum decision theory, Decision-making, Methodologies: Theory and experiment<\/p>\n

8) (2021) Population preferences for inclusive COVID-19 policy responses (with Thierry Blayac , Dimitri Dubois, Phu Nguyen Van, Bruno Ventelou, Marc Willinger),\u00a0<\/a> The Lancet Public Health<\/strong>, Vol 6, e9<\/em> (JCR Impact Factor: 21.6, rank 1 out of 171 Clarivate Analytics 2021, rank 2 out 559 Scimago Journal & Country Rank,\u00a0 for journals in public environmental and occupational health)<\/p>\n

Topics: Study of the population’s preferences with regard to Covid-19 epidemic control policies, Methodology: Web-based Discret Choice Experiment with a population of more than 1 100 French individuals<\/p>\n

7) (2020) Review of Handbook of Green Finance, <\/em>edited by Je\u000bffrey D. Sachs,
<\/em>Wing Thye Woo, Naoyuki Yoshino and Farhad Taghizadeh-Hesary,<\/a> Ecological Economics. <\/strong><\/em>(HCERES: A, CNRS: 1). Working paper version
<\/em><\/p>\n

Topic: Green finance, Methodology: Book Review<\/p>\n

6) (2020) On discrimination in health insurance (with Thomas Boyer-Kassem)<\/a>, Social Choice and Welfare<\/strong>, 55:5-23 [doi]<\/a><\/em>. (HCERES: A, CNRS: 1)<\/p>\n

Topics: Ethics, Morals, Health insurance, Methodology: Philosophy of Economics<\/p>\n

5) (2019) A Dual Process in Memory: How to make an evaluation from complex and complete information? An experimental study (with Isma\u00ebl Rafa\u00ef, \u00c9ric Guerci, Ariane Lambert-Mogiliansky and Fabien Mathy)<\/a>, Revue \u00c9conomique<\/em><\/strong>,\u00a070(6), 1079 -1094<\/em>. (HCERES: A, CNRS: 2)<\/p>\n

Topics: Bounded Rationality, Decision-making, Dual process in Memory, Fuzzy Trace Theory, Methodologies: Experiment and econometrics of experimental data (experimetrics)<\/p>\n

4) (2019) The effects of short selling and borrowing on traders\u2019 expectations and market outcomes (with \u00c9ric Guerci, Nobuyuki Hanaki and Charles Noussair),<\/a> Journal of Economic dynamics and control<\/strong>, 107, 103734 <\/em>[doi].<\/a> (HCERES: A, CNRS: 1)
<\/em><\/p>\n

Topics: Bounded Rationality, Experimental asset market, Traders’ behaviors, Short selling, Margin buying, Methodologies: Experiment and econometrics of experimental data (experimetrics)<\/p>\n

3) (2017) Une nouvelle approche exp\u00e9rimentale pour tester les modeles quantiques de l’erreur de conjonction <\/a>(with Thomas Boyer-Kassem and \u00c9ric Guerci), Revue \u00c9conomique<\/em><\/strong>, 68(5), 757-771<\/em>. (HCERES: A, CNRS: 2)<\/p>\n

Topics: Bounded Rationality,\u00a0 Quantum decision theory, Decision-making, Conjunction fallacy, Methodology: Experiment<\/p>\n

2) (2016) quantum-like models cannot account for the conjunction fallacy (with Thomas Boyer-Kassem and \u00c9ric Guerci),<\/a> Theory and Decision<\/strong>,\u00a081(4), 479-510<\/span><\/em> [doi<\/a>]. <\/a>(HCERES: A, CNRS: 2)<\/p>\n

Topics: Bounded Rationality,\u00a0 Quantum decision theory, Decision-making, Conjunction fallacy, Methodologies: Theory and experiment<\/p>\n

1) (2016) testing quantum-like models of judgment for question order effect (with Thomas Boyer-Kassem and \u00c9ric Guerci),<\/a> Mathematical Social Sciences<\/em><\/strong>, 80 : 33-46<\/em>[doi<\/a>]. (HCERES: A, CNRS: 2)<\/p>\n

Topics: Bounded Rationality,\u00a0 Quantum decision theory, Decision-making, Order effect, Methodology: Theory<\/p>\n

Other publications<\/strong><\/h4>\n

(2025) What do we know about retail responsible investors?<\/a> (with Odile BLANQUART, Marie BRI\u00c8RE, Karen HUYNH, Martial FAIXA, Adrien NGUYEN-HUU, Markus STRUCK, Felipe TRILLOS)<\/p>\n

(2024) Experimental Sustainable Finance Symposium<\/a> (with Sascha F\u00fcllbrunn and Peiran Jiao)<\/p>\n

(2022) \u00ab<\/a>Les attendus d\u2019une approche d\u2019\u00e9conomie comportementale pour les d\u00e9cisions individuelles face \u00e0 la pand\u00e9mie de COVID-19 : succ\u00e8s et d\u00e9ception<\/a>s<\/a>\u00bb<\/a> (avec Thierry Blayac, Dimitri Dubois<\/span>, Phu Nguyen-Van<\/span>, Isma\u00ebl Rafa\u00ef<\/span>, Bruno Ventelou<\/span>\u00a0et Marc Willinger), M\u00e9decine\/sciences<\/strong>, Volume 38, Num\u00e9ro 6-7, Juin\u2013Juillet 2022<\/span><\/p>\n

(2022) \u00ab<\/a> Am\u00e9liorer l’impartialit\u00e9 de l’expertise scientifique <\/a>\u00bb<\/a>, (with Thomas Boyer-Kassem and Julie Jebeile), Gestions Hospitali\u00e8res<\/em><\/strong>, n\u00b0614, March 2022, p. 114-116, acte des 17\u00e8mes Assises Nationales Hospitalo-Universitaires, Lille, 8 and 9 December 2021.<\/p>\n

(2021) \u00ab Covid\u00a0: ces mesures sanitaires que les Fran\u00e7ais sont pr\u00eats \u00e0 accepter\u00a0<\/strong> \u00bb<\/a>, (with Thierry Blayac, Dimitri Dubois,\u00a0 Phu Nguyen Van, Bruno Ventelou,\u00a0 Marc Willinger), Le Point<\/em><\/strong> (link: https:\/\/www.lepoint.fr\/sante\/covid-ces-mesures-sanitaires-que-les-francais-sont-prets-a-accepter-05-01-2021-2408213_40.php)<\/p>\n

(2020) \u00ab Quelles mesures sanitaires les Fran\u00e7ais sont-ils pr\u00eats \u00e0\u00a0accepter\u00a0? \u00bb<\/a>, (with Thierry Blayac, Dimitri Dubois,\u00a0 Phu Nguyen Van, Bruno Ventelou,\u00a0 Marc Willinger), The Conversation<\/em><\/strong> (link: https:\/\/theconversation.com\/quelles-mesures-sanitaires-les-francais-sont-ils-prets-a-accepter-152326)<\/p>\n

(2019) \u00ab\u00a0Green Money\u00a0\u00bb (English Book Review of Climat un d\u00e9fi pour la finance<\/em> by Ducret and Scolan 2016), in Books & ideas<\/em><\/strong> https:\/\/booksandideas.net\/Green-Money.html<\/em><\/a><\/p>\n

(2018)\u00a0Too fast, Too furious ? Une r\u00e9flexion historique et contemporaine sur l’emballement des march\u00e9s financiers<\/a> (with Nathalie Oriol) , 1024 \u2013 Bulletin de la soci\u00e9t\u00e9 informatique de France<\/strong>, 12 : 47-65 [doi]<\/a>
<\/em><\/p>\n

(2018)\u00a0 \u00ab\u00a0La monnaie verte \u00bb (Recension\/Book Review of Climat un d\u00e9fi pour la finance<\/em> by Ducret and Scolan 2016), in La Vie des Id\u00e9es<\/strong> <\/em>http:\/\/www.laviedesidees.fr\/La-monnaie-verte.html<\/a><\/em><\/p>\n

Some Working or submitted papers<\/strong><\/h4>\n

Financial professionals are more pro-environmental than students. A portfolio choice experiment (with Rassul Kalfane, Patrick Sentis et Marc Willinger), Working paper<\/p>\n

Personal and Professional Motives for Investing Green and Divesting Brown (with Adrien Nguyen-Huu, Dimitri Dubois et Marc Willinger), Working paper<\/p>\n

Online Appendix<\/p>\n

Instructions borrowing and short selling<\/a><\/p>\n<\/div>\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Accreditation to supervise research (HDR) , september 2021 New working papers ! Learning to Forecast: A Lab-in-the-field experiment with finance professionals (with Eric Guerci, Anna Bottasso, Alessia Cafferata, and Cars Hommes) \u00a0 A Week of Meditation Boosts Prosociality:\u00a0 A Lab Experiment (with Wael Bousselmi, Thomas Boyer-Kassem, Phu Nguyen-Van and Olga Tatarnikova) Sustainable by Choice, Contrarian […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-9","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.sebastien-duchene.fr\/index.php\/wp-json\/wp\/v2\/pages\/9","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.sebastien-duchene.fr\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.sebastien-duchene.fr\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.sebastien-duchene.fr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sebastien-duchene.fr\/index.php\/wp-json\/wp\/v2\/comments?post=9"}],"version-history":[{"count":262,"href":"https:\/\/www.sebastien-duchene.fr\/index.php\/wp-json\/wp\/v2\/pages\/9\/revisions"}],"predecessor-version":[{"id":962,"href":"https:\/\/www.sebastien-duchene.fr\/index.php\/wp-json\/wp\/v2\/pages\/9\/revisions\/962"}],"wp:attachment":[{"href":"https:\/\/www.sebastien-duchene.fr\/index.php\/wp-json\/wp\/v2\/media?parent=9"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}