Prevent’ Horizon research chair. The objective of my research is to highlight and understand factors of behavioral biases , in uncertain environment, which are rarely consistent with the theory of rational choices. I employ lab experiments, develop experimental tools, use econometric modeling as well as game theoretical modeling to better understand economic decision-making. These are the topics that I - have explored – am exploring – would like to explore:I am Visiting Assistant Professor in the Statistics and Applied Probabilities department of UCSB (University of California, Santa Barbara) and I am a member of the
Current Position2020 Visiting Assistant Professor University of California, Santa Barbara - Santa Barbara, USA Department of Statistics and Applied Probabilities
Education2015 - 2018 PhD in Economics Claude Bernard Lyon 1 University - ISFA Graduate School of Actuarial Studies - Lyon, France Behavioral Biases and Strategies of Insurance Market Players. Supervisors: Stéphane Loisel and Christophe Dutang. Keywords: experimentation, customer behaviour, intermediation, distribution channel, honesty, obfuscation, game theory, market cycles. Defense committee: Pierre-André Chiappori, Mercè Claramunt, Sara Fisher Ellison, Meglena Jeleva, Jean-Louis Rullière, Arthur J.H.C. Schram. 2012 - 2014 Master’s Degree in Economics of Markets and Organization TSE - Toulouse School of Economics - Toulouse, France Master essay title: The impact of the Internet on the French Retail Insurance Mass Market. Main courses: Statistics and econometric modelling, game theory and equilibrium analysis, decision theory under information asymmetry. 2009 - 2012 Bachelor’s Degree in Economics Toulouse School of Economics (TSE) - Toulouse, France Main courses: Microeconomics, Macroeconomics, Mathematics and Statistics.
Previous Position2018 - 2019 Research Fellow in Behavioral Economics SAF Laboratory - Prevent'Horizon chair - Institut Louis Bachelier - Lyon, France Topics: Behavioral Economics applied to insurance, health and prevention. 2014 - 2018 Actuarial Analyst - PhD Candidate AGDF - AXA Global Direct France - Technical Department - Paris, France
- Calculation of customer long run business value including survival rate models, loss model projections, cost of capital under regulatory constraints and financial time-value.
- New business price optimization under customer value constraint (Lagrangian method): integration of market competition, dynamic price elasticity modelling and solvency constraints.
- Supervision of two-products offer: measure of cannibalization effects, advantageous selection of clients’ risk profile, cross-prices elasticity and elaboration of best price strategy positioning for both products.
- Partnership profitability analysis: participation in the implementation of business partnership for insurance distribution.
- Contribution to the development of car fleet prevention offers including management support and telematics offers.
- Development of Marine Insurance (Hull & Machinery) worldwide strategy of AXA Group leading to reinsurance and risk pooling recommendation.
Syllabus 2018 - 2019 Insurance Economics - Master 1 (Graduate Program) - Statistics & Econometrics (15H) Lecturer - Claude Bernard Lyon 1 University, ISFA Graduate School of Actuarial Studies Contains: Expected Utility theory, Adverse Selection, Moral Hazard, Information Asymmetry, Price Optimization and Introduction to Behavioral Insurance. Chapter 1: Global Introduction to the Insurance Market (Exercices correction) Chapter 2: Risk Aversion and Insurance Demand (Exercices correction) Chapter 3: Information Asymmetry in Insurance (Exercices correction) Chapter 4: Behavioral Insurance Exam 2015 - 2017 Risk & Insurance Economics - Master 1 (Graduate Program) - Actuary (45H) Teaching Assistant - Claude Bernard Lyon 1 University, ISFA Graduate School of Actuarial Studies Contains: Game Theory, Information Asymmetry, Optimization. Exercice sheets: 1, 2, 3, 4, 5, 6, 7 Exam 2014 - 2015 Decision & Game Theory - Master 2 (Graduate Program) - Quantitative Economics (20H) Teaching Assistant - Lumière Lyon 2 University Contains: Expected Utility theory, Adverse Selection, Moral Hazard, Nash Equilibrium, Bayesian Game. Exercice sheets: 1, 2, 3, 4, 5 2013 - 2014 Mathematics - Bachelor 1&2 (Undergraduate Program) - Economics & Mathematics (30H) Teaching Assistant - Capitole Toulouse 1 University - Toulouse School of Economics (TSE) Contains: Linear Algebra, Optimization.Winter Quarter 2020 SAS Base Programming - PSTAT 130 (Undergraduate) Instructor - University of California, Santa Barbara Contains: Manipulating and Transforming data, combining SAS data sets, generating reports including statistics analysis.
AwardsPrize of the young doctor in Actuarial Science Scor, Paris, 2019
Published (Non peer-reviewed)The impact of the internet on the insurance demand Scor Paper, January 2020 , Claire Mouminoux Biais comportementaux et stratégies des acteurs du marché de l’assurance L’Actuariel Journal, n°35, January 2020 , Claire Mouminoux Professional review published by the French Actuary Institute. Se couvrir contre le risque, entre obfuscation et honnêteté. L’Actuariel Journal, n°33, June 2019, Claire Mouminoux, Jean-Louis Rullière Professional review published by the French Actuary Institute.
Submitted (Peer-reviewed)Honesty and Obfuscation: Experimental Evidence on Insurance Demand with Multiple Distribution Channels. 2019, Claire Mouminoux, Jean-Louis Rullière, Stéphane Loisel Analysis of obfuscation and honesty effects on efficiency of choices and study of determinants of purchasing decision-making in retail insurance including exogenous search costs. Behavioral Insurance 2019, Claire Mouminoux, Jean-Louis Rullière Literature survey and recommendations for insurance market.
Working papersAre we more honest than others think we are? 2019, Claire Mouminoux, Jean-Louis Rullière Study of distortion in beliefs about other honesty and observed honesty based on a laboratory experiment under different degrees of favorable conditions.
Current projectsLicensing effect and insurance fraud. 2019, Claire Mouminoux, Caroline Bayart, Jean-Louis Rullière An original experiment in order to identify potential licensing effects on insurance claims based on dynamic behavior of honesty. Propitious selection: an experimental evidence. 2019, Morgane Plantier, Claire Mouminoux, Jean-Louis Rullière Analysis of selection effect and moral hazard in individual insurance decision supporting the presence of advantageous selection. Multiplicity of choices and decision-making. 2019, Claire Mouminoux Analysis of heuristic biaises under multiplicity of insurance choices with an experimental approach. A game-theoretic analysis of insurers pricing strategies. 2018, Hansjoerd Albrecher, Christophe Dutang, Stéphane Loisel, Claire Mouminoux Insurer price competition modelling with a repeated one-period non-cooperative game where both insurers' losses and consumers' behaviour are stochastic.
Participants' presentation evaluation (only in French) 2019 North-American ESA (Economic Science Association) Conference, Vancouver University - Vancouver, Canada, July 2019 Licensing effect and insurance fraud 94th WEAI (Western Economic Association International) Conference, SABE (Society for Advancement of Behavioral Economics) - San Francisco, USA, June 2019 Licensing effect and insurance fraud 36ème Journées de Microéconomie Appliquée (JMA), Faculté des Sciences Juridiques, Economiques et Sociales Aïn Chock - Casablanca, Marocoo, June 2019 Are we more honest than others think we are? 93th WEAI (Western Economic Association International) Conference, SABE (Society for Advancement of Behavioral Economics) - Vancouver, Canada, June 2018 Are we more honest than others think we are? 2017 North-American ESA (Economic Science Association) Conference - Virginia Commonwealth University - Richmond, USA, October 2017 Are we more honest than others think we are? 8th International Conference of the French Association of Experimental Economics (ASFEE) - Faculty of Economics, Rennes 1 University - Rennes, France, June 2017 Honesty and Obfuscation: Experimental Evidence on Insurance Demand with Multiple Distribution Channels. 2016 CEAR/MRIC Behavioral Insurance Workshop, Munich Risk and Insurance Center (MRIC) - Munich, Germany, December 2016 Honesty and Obfuscation: Experimental Evidence on Insurance Demand with Multiple Distribution Channels. 2016 North-American ESA (Economic Science Association) Conference, Arizona University - Tucson, USA, November 2016 Honesty and Obfuscation: Experimental Evidence on Insurance Demand with Multiple Distribution Channels. The 3rd EAJ (European Actuarial Journal) Conference Lyon, Claude Bernard Lyon 1 University, ISFA - Lyon, France, September 2016 Honesty and Obfuscation: Experimental Evidence on Insurance Demand with Multiple Distribution Channels. Second Behavioral and Experimental Economics Workshop, Ecole Normal Supérieur Cachan (ENSC) - Paris, France, May 2016 Too Many Insurance Contract Menus: Trust, Biases and Intermediation.MBA - CHEA Seminar, Paris Dauphine University - Paris, France, November 2019 L’impact des systèmes de distribution dans la formation du résultat des compagnies.