Journal Publications

ZORA Publication List

Publications

• 2026

  • Hens, T., & Trutwin, E. (2026). Economics and biodiversity in Switzerland: does sustainable investing help to moderate the problem? Swiss Journal of Economics and Statistics, 162, 25. https://doi.org/10.1186/s41937-026-00150-3
  • Doskov, N., Hens, T., & Schenk-Hoppé, K. R. (2026). Complementarity and substitutability of investment strategies Journal of Evolutionary Economics, 36, 18. https://doi.org/10.1007/s00191-025-00922-9

• 2025

  • Hens, T., & Nordlie, T. (2025). How good are LLMs in risk profiling? Finance Research Letters, 85, 108102. https://doi.org/10.1016/j.frl.2025.108102

• 2024

  • Hens, T., & Trutwin, E. (2024). Modelling sustainable investing in the CAPM Annals of Operations Research, Epub ahead of print. https://doi.org/10.1007/s10479-024-06110-5

• 2023

  • Bachmann, K., Hens, T., Lot, A., & Xu, X. (2023). Experimental research on retirement decision-making: evidence from replications Journal of Banking and Finance, 152, 106851–106851. https://doi.org/10.1016/j.jbankfin.2023.106851
  • Evstigneev, I. V., Hens, T., & Javad Vanaei, M. (2023). Evolutionary Finance: A model with endogenous asset payoffs Journal of Bioeconomics, 25, 117–143. https://doi.org/10.1007/s10818-023-09335-9

• 2022

  • Hens, T., & Schnetzer, M. (2022). Evolutionary Finance for Multi-Asset Investors Financial Analysts Journal, 78, 115–127. https://doi.org/10.1080/0015198X.2022.2071581
  • Hens, T. (2022). Stefan Nagel: Machine learning in asset pricing Journal of Economics, 136, 91–92. https://doi.org/10.1007/s00712-022-00775-x
  • Bettzüge, M. O., Hens, T., & Zierhut, M. (2022). Financial intermediation and the welfare theorems in incomplete markets Economic Theory, 73, 457–486. https://doi.org/10.1007/s00199-020-01294-w
  • Hens, T., Amir, R., Evstigneev, I. V., & Belkov, S. (2022). An evolutionary finance model with short selling and endogenous asset supply Economic Theory, 73, 655–677. https://doi.org/10.1007/s00199-020-01269-x
  • Hens, T., & Naebi, F. (2022). Behavioral heterogeneity in the CAPM with evolutionary dynamics Journal of Evolutionary Economics, 32, 1499–1521. https://doi.org/10.1007/s00191-022-00786-3

• 2021

  • Amir, R., Evstigneev, I. V., Hens, T., Potapova, V., & Schenk-Hoppé, K. R. (2021). Evolution in pecunia Proceedings of the National Academy of Sciences of the United States of America, 118, e2016514118. https://doi.org/10.1073/pnas.2016514118
  • Hens, T., Rieger, M. O., & Wang, M. (2021). Universal time preference PLoS ONE, 16, e0245692. https://doi.org/10.1371/journal.pone.0245692
  • Hens, T., & Naebi, F. (2021). Behavioural heterogeneity in the capital asset pricing model with an application to the low-beta anomaly Applied Economics Letters, 28, 501–507. https://doi.org/10.1080/13504851.2020.1761529

• 2020

  • Hens, T., & Schenk-Hoppé, K.-R. (2020). Patience Is a Virtue: In Value Investing International Review of Finance, 20, 1019–1031. https://doi.org/10.1111/irfi.12251
  • Evstigneev, I., Hens, T., Potapova, V., & Schenk-Hoppé, K. R. (2020). Behavioral Equilibrium and Evolutionary Dynamics in Asset Markets Journal of Mathematical Economics, 91, 121–135. https://doi.org/10.1016/j.jmateco.2020.09.004
  • Belkov, S., Evstigneev, I. V., & Hens, T. (2020). An Evolutionary Finance Model with a Risk-Free Asset Annals of Finance, 16, 593–607. https://doi.org/10.1007/s10436-020-00370-4
  • Hens, T., & Schindler, N. (2020). Value and patience: The value premium in a dividend-growth model with hyperbolic discounting Journal of Economic Behavior & Organization, 172, 161–179. https://doi.org/10.1016/j.jebo.2020.01.028
  • Hens, T., Schenk-Hoppé, K. R., & Woesthoff, M.-H. (2020). Escaping the Backtesting Illusion Journal of Portfolio Management, 46, 81–93. https://doi.org/10.3905/jpm.2019.1.123
  • Belkov, S., Evstigneev, I. V., Hens, T., & Xu, L. (2020). Nash equilibrium strategies and survival portfolio rules in evolutionary models of asset markets Mathematics and Financial Economics, 14, 249–262. https://doi.org/10.1007/s11579-019-00254-w

Pagination