Michael Benzaquen
Econophysics | Complex Systems | Collective behavior Agent-based modeling | Interfacial fluid dynamics
Socio-ecological systems | Quantitative Finance
I am a CNRS Research Scientist (currently on leave of absence), accredited research director and Adjunct Professor at Ecole Polytechnique. My group develops interdisciplinary, data-driven frameworks, rooted in complex systems and statistical physics applied to economics and finance, with a strong emphasis on bridging fundamental research and real-world applications. In parallel, I serve as COO Portfolio Management at Capital Fund Management (CFM), contributing to the strategic and operational oversight of portfolio construction and research integration. Finally, I co-founded and currently serve as Non-Executive director of Art in Research.
List of Publications
99.
Do venture capitalists beat random allocation?
M.S. Knicker, JP. Bouchaud and M. Benzaquen, arxiv:2605.03980
98.
From random walks to thermal rides: Universal anomalous transport in soaring flights
J. Vilpellet, A. Darmon and M. Benzaquen, arxiv:2601.01293
97.
A global systems perspective on food demand, deforestation and agricultural sustainability
E. Moretti, M. Loreau and M. Benzaquen, arxiv:2510.14720 and SSRN
96.
Harmonious color pairings: Insights from human preference and natural hue statistics
O. Forni, A. Darmon and M. Benzaquen, iScience 29(6) (2026) 116038
95.
Wealth inequality and planetary boundaries in a stylized agent-based model
T. Valade, M. Benzaquen, M. Cristelli, S. Gualdi, P. Lenders, arXiv:2606.14331
94.
Multivariate quadratic Hawkes processes - Part II: Non-parametric empirical calibration
C. Aubrun, M. Benzaquen, JP. Bouchaud, Quantitative finance (in press)
93.
Hydrodynamics of cooperation and self-interest in a two-population occupation model
J. Garnier-Brun, R. Zakine and M. Benzaquen, Phys. Rev. Lett. 135 (2025) 107402
92.
Farm size matters: A spatially explicit ecological-economic framework for biodiversity and pest management
E. Moretti, M. Loreau and M. Benzaquen, J. Environ. Manage. 396 (2025) 128111
91.
Mitigating farmland biodiversity loss: A bio-economic model of land consolidation and pesticide use
E. Moretti and M. Benzaquen, R. Soc. Open Sci. 12(12) (2025) 251000
90.
Group-Level Imitation May Stabilize Cooperation
P. Bousseyroux, G. Zérah and M. Benzaquen, J. Stat. Mech. (2025) 123407
89.
How does liquidity shape the yield curve?
V. Le Coz, I. Mastromatteo and M. Benzaquen, Quantitative Finance 25(8) (2025) 1215–1232
88.
The structure of occupational mobility in France
M.S. Knicker, K. Naumann-Woleske and M. Benzaquen, J. Stat. Mech. (2025) 053403
87.
A tasty introduction to packing problems
R. Zakine and M. Benzaquen, Physics Today September 2025 (2025)
86.
On the relative packing densities of pistachios and pistachio shells
R. Zakine and M. Benzaquen, Wilmott Magazine 138 (2025) 1-84
85.
The diffusive nature of housing prices
A.-C. Becharat, M. Benzaquen and JP. Bouchaud, Phys. Rev. Lett. 135 (2025) 107401
84.
A minimal model of money creation under regulatory constraints
V. Le Coz, M. Benzaquen, D. Challet, J. Econ. Behav. Organ. 237 (2025) 107142
83.
Stylized facts in money markets: an empirical analysis of the eurozone data
V. Le Coz, N. Allaire, M. Benzaquen, D. Challet, European Central Bank Working Paper Series No 3113 (2025) ISBN 978-92-899-7431-8
82.
Wrapping and unwrapping multifractal fields
S. Lakhal, L. Ponson, M. Benzaquen and J.-P. Bouchaud, Phys. Rev. Research 7 (2025) 012003
81.
Riding Wavelets: A Method to Discover New Classes of Price Jumps
C. Aubrun, R. Morel, M. Benzaquen and J.-P. Bouchaud, PNAS 122(6) (2025) e2409156121
80.
Socioeconomic agents as active matter in nonequilibrium Sakoda-Schelling models
R. Zakine, J. Garnier-Brun, A.-C. Becharat and M. Benzaquen, Phys. Rev. E 109(4) (2024) 044310