Christine A. Parlour

About

Christine A. Parlour is a leading financial economist whose research illuminates the microstructure of financial markets, the design of trading platforms, and the strategic behavior of market participants. Her work has fundamentally shaped our understanding of how algorithms, order flow, and market rules interact to determine liquidity, efficiency, and welfare. With over 2,000 citations, her contributions are widely influential, particularly her seminal studies on payment for order flow and the economics of high-frequency trading. In her notable work "For Better or For Worse: Algorithmic Choice in Experimental Markets" (2022), she experimentally explores how traders' selection of algorithms affects market outcomes, revealing critical insights into the unintended consequences of automated trading. Parlour’s research bridges theory and practice, often providing policy-relevant guidance on market regulation. A professor at the Haas School of Business, University of California, Berkeley, she has also served as an editor for top finance journals, cementing her role as a thought leader in market design and financial intermediation.

Research Focus

Key Achievements

Top Papers

1. 1
   For Better or For Worse: Algorithmic Choice in Experimental Markets

   2 citations · 2022

Key Collaborators

Contact & Links