Journal Publications

ZORA Publication List

Publications

• 2024

  • Hens, Thorsten; Trutwin, Ester (2024). Modelling sustainable investing in the CAPM. Annals of Operations Research:Epub ahead of print.

• 2023

  • Bachmann, Kremena; Hens, Thorsten; Lot, Andre; Xu, Xiaogeng (2023). Experimental research on retirement decision-making: evidence from replications. Journal of Banking and Finance, 152:106851.
  • Evstigneev, Igor V; Hens, Thorsten; Javad Vanaei, Mohammad (2023). Evolutionary Finance: A model with endogenous asset payoffs. Journal of Bioeconomics, 25:117-143.

• 2022

  • Hens, Thorsten; Schnetzer, Michael (2022). Evolutionary Finance for Multi-Asset Investors. Financial Analysts Journal, 78(3):115-127.
  • Hens, Thorsten (2022). Stefan Nagel: Machine learning in asset pricing. Journal of Economics, 136:91-92.
  • Bettzüge, Marc Oliver; Hens, Thorsten; Zierhut, Michael (2022). Financial intermediation and the welfare theorems in incomplete markets. Economic Theory, 73(2-3):457-486.
  • Hens, Thorsten; Amir, Rabah; Evstigneev, Igor V; Belkov, Sergei (2022). An evolutionary finance model with short selling and endogenous asset supply. Economic Theory, 73:655-677.
  • Hens, Thorsten; Naebi, Fatemeh (2022). Behavioral heterogeneity in the CAPM with evolutionary dynamics. Journal of Evolutionary Economics, 32:1499-1521.

• 2021

  • Amir, Rabah; Evstigneev, Igor V; Hens, Thorsten; Potapova, Valeriya; Schenk-Hoppé, Klaus Reiner (2021). Evolution in pecunia. Proceedings of the National Academy of Sciences of the United States of America, 118(26):e2016514118.
  • Hens, Thorsten; Rieger, Marc O; Wang, Mei (2021). Universal time preference. PLoS ONE, 16(2):e0245692.
  • Hens, Thorsten; Naebi, Fatemeh (2021). Behavioural heterogeneity in the capital asset pricing model with an application to the low-beta anomaly. Applied Economics Letters, 28(6):501-507.

• 2020

  • Evstigneev, Igor; Hens, Thorsten; Potapova, Valeriya; Schenk-Hoppé, Klaus Reiner (2020). Behavioral Equilibrium and Evolutionary Dynamics in Asset Markets. Journal of Mathematical Economics, 91:121-135.
  • Hens, Thorsten; Schenk-Hoppé, Klaus-Reiner (2020). Patience Is a Virtue: In Value Investing. International Review of Finance, 20(4):1019-1031.
  • Belkov, Sergei; Evstigneev, Igor V; Hens, Thorsten (2020). An Evolutionary Finance Model with a Risk-Free Asset. Annals of Finance, 16:593-607.
  • Hens, Thorsten; Schindler, Nilüfer (2020). Value and patience: The value premium in a dividend-growth model with hyperbolic discounting. Journal of Economic Behavior & Organization, 172:161-179.
  • Hens, Thorsten; Schenk-Hoppé, Klaus Reiner; Woesthoff, Mathis-Hendrik (2020). Escaping the Backtesting Illusion. Journal of Portfolio Management, 46(4):81-93.
  • Belkov, Sergei; Evstigneev, Igor V; Hens, Thorsten; Xu, Le (2020). Nash equilibrium strategies and survival portfolio rules in evolutionary models of asset markets. Mathematics and Financial Economics, 14:249-262.

• 2019

  • Bradbury, Meike A S; Hens, Thorsten; Zeisberger, Stefan (2019). How Persistent are the Effects of Experience Sampling on Investor Behavior?. Journal of Banking and Finance, 98:61-79.
  • Hens, Thorsten; Ritter, Andreas (2019). Mystery Shopping als Teil der Compliance - Am Beispiel des Bilanz Private Banking Rating. Schweizerische Zeitschrift für Wirtschafts- und Finanzmarktrecht (SZW), (6):568-581.

• 2018

  • Hens, Thorsten; Lensberg, Terje; Schenk-Hoppé, Klaus Reiner (2018). Front-Running and Market Quality: An Evolutionary Perspective on High Frequency Trading. International Review of Finance, 18(4):727-741.
  • Hens, Thorsten; Mayer, János (2018). Decision Theory Matters for Financial Advice. Computational Economics, 52(1):195-226.
  • Bachmann, Kremena; Hens, Thorsten; Stössel, Remo (2018). Which measures predict risk taking in a multi-stage controlled investment decision process?. Financial Services Review, 26:339-365.

Pagination