BENNO GUENTHER

Financial Risk Expert
Behavioural Economist
Carbon Markets Specialist

Advising organisations on financial risk, behavioural insights, and sustainability through a combination of academic research and real-world market experience.

AREAS OF EXPERTISE

Financial Risk Management

Managing market, credit, and operational risk through evidence-based strategies and quantitative analysis.

Behavioural Economics

Applying behavioural insights to understand decision-making under uncertainty and improve financial outcomes.

Carbon Markets and Sustainability

Advising on carbon pricing, emissions trading, climate policy, and sustainable finance initiatives.

Public Speaking and Teaching

Sharing research and practical insights through keynote presentations, university lectures, executive education, and international conferences.

About Benno

Bridging finance, behaviour and sustainability.

Benno is an expert in financial risk management, behavioral economics, and international voluntary carbon markets. With over a decade of experience as a trading at top-tier investment banks, including J.P Morgan and BNP Paribas, he has held senior positions such as Vice President and Head of EMEA Power and Gas Structure Products and Options Trading at J.P Morgan.

As the Founder and Director of Blue Guardian, Benno advises corporates and supranational organisations on carbon markets and behavioral economics.  He also serves as a Visiting Fellow at the London School of Economics (LSE) and as an Adjunct Senior Lecturer in financial risk management at the University of Cape Town (UCT).

Benno holds a PhD from the London School of Economics, where his research focused on risk-taking during crises, specifically the influence of background risks on foreground risk tolerance. He also earned a Master’s degree in Mathematical Finance from the University of Konstanz and an MSc in Behavioural Science from the London School of Economics.

Publications

Research, journal articles and thought leadership.

2024

Risk-taking, Risk Perception, and Risk Compensation in Times of COVID-19

Guenther, B., Fedrigo, V., & Sanders, J. G. Risk-taking, risk perception, and risk compensation in times of COVID-19. In J. Costa-Font & M. Galizzi (Eds.), Behavioural Economics and Policy for Pandemics (pp. 57-76). Cambridge University Press.

Information and Context Matter: Debiasing the Disposition Effect with Lasting Impact

Huang, L., & Guenther, B. Information and context matter: debiasing the disposition effect with lasting impact. Front. Behav. Econ., 3:1345875. doi: 10.3389/frbhe.2024.1345875

PDOSPERT: A New Scale to Predict Domain-Specific Risk-Taking Behaviours in Times of a Pandemic

Guenther, B., Galizzi, M. M., & Sanders, J. G. PDOSPERT: A New Scale to Predict Domain-Specific Risk-Taking Behaviors in Times of a Pandemic. J Behav Dec Making, 37: e2413.

2023

When the Disposition Effect Proves to Be Rational

Guenther, B., & Lordan, G. When the disposition effect proves to be rational: Experimental evidence from professional traders. Front. Psychol.

Lockdown Disrupts the Weekly Cycle of Risk Tolerance

Fedrigo, V., Guenther, B., Jenkins, R., Galizzi, M. M., & Sanders, J. G. Weakened weekdays: Lockdown disrupts the weekly cycle of risk tolerance. Scientific Reports, 13, 21147. 

Explore all Publications

View my complete list of research papers.