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
60.
Crisis propagation in a heterogeneous self-reflexive DSGE model
F. Morelli, M. Benzaquen, J.-P. Bouchaud, M. Tarzia, PLoS One 16(12) (2021) 0261423
59.
A Stationary Kyle Setup: Microfounding propagator models
M. Vodret, I. Mastromatteo, B. Toth and M. Benzaquen, J. Stat. Mech. (2021) 033410
58.
From ants to fishing vessels: A simple model for herding and exploitation of finite resources
J. Moran, A. Fosset, A. Kirman and M. Benzaquen, J. Econ. Dyn. Control 129 (2021) 104169
57.
Non-parametric estimation of Q-Hawkes processes for order book events
A. Fosset, J.-P. Bouchaud and M. Benzaquen, European Journal of Finance 28(7) (2021) 663–678
56.
A new spin on optimal portfolios and ecological equilibria
J. Garnier-Brun, M. Benzaquen, S. Ciliberti and J.-P. Bouchaud, J. Stat. Mech. (2021) 093408 [Highlights collection]
55.
Alignment and scattering of colliding active droplets
K. Lippera, M. Benzaquen, S. Michelin, Soft Matter 17 (2021) 365-375
54.
Conditional correlations and principal regression analysis for futures
A. Karami, R. Benichou, M. Benzaquen, J.-P. Bouchaud, Wilmott Magazine 111 (2021) 63-73
53.
By force of habit: Self-trapping in a dynamical utility landscape
J. Moran, A. Fosset, D. Luzzati, J.-P. Bouchaud and M. Benzaquen, Chaos 30 (2020) 053123
52.
Endogenous liquidity crises
A. Fosset, J.-P. Bouchaud and M. Benzaquen, J. Stat. Mech. (2020) 063401
51.
Beauty and structural complexity
S. Lakhal, A. Darmon, J.-P. Bouchaud and M. Benzaquen, Phys. Rev. Research 2 (2020) 022058 [Rapid Communications] [Editors’ Suggestion]
50.
Schrödinger’s ants: A continuous description of Kirman’s recruitment model
J. Moran, A. Fosset, M. Benzaquen and J.-P. Bouchaud, J. Phys. Complex. 1 (2020) 035002
49.
Unsteady wave drag on a disturbance moving along an arbitrary trajectory
L. Gierczak, A. Fadle, M. Arutkin, E. Raphaël and M. Benzaquen, arXiv:2005.00857
48.
Hysteretic wave drag in shallow water
G.P. Benham, R. Bendimerad, M. Benzaquen, C. Clanet, Phys. Rev. Fluids 5 (2020) 064803
47.
Confidence collapse in a multi-household, self-reflexive DSGE model
F. Morelli, M. Benzaquen, M. Tarzia, J.-P. Bouchaud, PNAS 117(17) (2020), 9244-9249
46.
Zooming in on equity factor crowding
V. Volpati, M. Benzaquen, Z. Eisler, I. Mastromatteo, B. Toth, J.-P. Bouchaud, Risk November 2020 (2020)
45.
Are trading invariants really invariant? Trading costs matter
F. Bucci, F. Lillo, J.-P. Bouchaud and M. Benzaquen, Quantitative Finance 20(7) (2020) 1059
44.
Bouncing, chasing or pausing: asymmetric collisions of active droplets
K. Lippera, M. Benzaquen and S. Michelin, Phys. Rev. Fluids 5 (2020) 032201
43.
Collisions and rebounds of chemically-active droplets
K. Lippera, M. Morozov, M. Benzaquen and S. Michelin, J. Fluid Mech. 886 (2020)
42.
Effect of current on wind-wave generation
C. Nove-Josserand, S. Perrard, A. Lozano-Duran, M. Benzaquen, M. Rabaud and F. Moisy, Phys. Rev. Fluids 5 (2020) 124801
41.
The Multivariate Kyle model: More is different
L. C. García del Molino, I. Mastromatteo, M. Benzaquen and J.-P. Bouchaud, SIAM J. Financial Math. 11(2) (2020)