Thorsten Hens (born December 19, 1961) is a German and Swiss economist and finance academic. According t
the Handelsblatt ranking
Hens is among the top 10 economics professors in the German-speaking area (Germany, Switzerland and Austria).

Biography

Hens is Swiss Finance Institute Professor of

Financial Economics Financial economics, also known as finance, is the branch of economics characterized by a "concentration on monetary activities", in which "money of one type or another is likely to appear on ''both sides'' of a trade". William F. Sharpe"Financia ...

and director of the Swiss Banking Institute at the

University of Zürich The University of Zürich (UZH, german: Universität Zürich) is a public research university located in the city of Zürich, Switzerland. It is the largest university in Switzerland, with its 28,000 enrolled students. It was founded in 1833 f ...

, Switzerland as well as a Fellow of

Centre for Economic Policy Research The Centre for Economic Policy Research (CEPR) is an independent, non‐partisan, pan‐European non‐profit organisation. Its mission is to enhance the quality of policy decisions through providing policy‐relevant research, based soundly in e ...

and an Adjunct Professor of Finance at the

Norwegian School of Economics and Business Administration Norwegian, Norwayan, or Norsk may refer to: *Something of, from, or related to Norway, a country in northwestern Europe * Norwegians, both a nation and an ethnic group native to Norway * Demographics of Norway *The Norwegian language, including ...

in Bergen. His research areas are—among others—evolutionary and

behavioral finance Behavioral economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the decisions of individuals or institutions, such as how those decisions vary from those implied by classical economic theory. ...

. In researching how investors make their decisions, Professor Hens draws on work in Psychology and applies insights from Biology in order to understand the dynamics of financial markets. He was one of the pioneers of evolutionary finance and cultural finance, where he conducted the first large-scale international test on risk- and time attitudes (INTRA). His consulting experience includes application of

Behavioral finance Behavioral economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the decisions of individuals or institutions, such as how those decisions vary from those implied by classical economic theory. ...

for

Private Banking Private banking is banking, investment and other financial services provided by banks and financial institutions primarily serving high-net-worth individuals (HNWIs)—defined as those with very high levels of income or sizable assets. A bank that ...

and evolutionary finance for asset management. He studied at the

University of Bonn The Rhenish Friedrich Wilhelm University of Bonn (german: Rheinische Friedrich-Wilhelms-Universität Bonn) is a public research university located in Bonn, North Rhine-Westphalia, Germany. It was founded in its present form as the ( en, Rhine ...

and at

DELTA Delta commonly refers to: * Delta (letter) (Δ or δ), a letter of the Greek alphabet * River delta, at a river mouth * D ( NATO phonetic alphabet: "Delta") * Delta Air Lines, US * Delta variant of SARS-CoV-2 that causes COVID-19 Delta may also ...

in Paris, and previously held professorships at Stanford University and at the

University of Bielefeld Bielefeld University (german: Universität Bielefeld) is a university in Bielefeld, Germany. Founded in 1969, it is one of the country's newer universities, and considers itself a "reform" university, following a different style of organization a ...

Books

* ''Financial Economics: A concise Introduction to Classical and Behavioural Finance'' by Thorsten Hens and Marc O Rieger, Springer Verlag, Heidelberg, Deutschland (2010) * ''Handbook of Financial Markets: Dynamics and Evolution'' by Thorsten Hens and Klaus Reiner Schenk-Hoppé, North Holland (2009), * ''Grundzüge der analytischen Mikroökonomie'' by Thorsten Hens and Paolo Pamini, Springer Verlag, Heidelberg, Deutschland (2008), * ''Behavioral Finance for Private Banking'' by Thorsten Hens and Kremena Bachmann, Wiley Finance (2008), * ''Grundzüge der analytischen Makroökonomie'' by Thorsten Hens and Carlo Strub, Springer Verlag, Heidelberg, Deutschland (2004), * ''General Equilibrium Foundations of Finance'' by Thorstens Hens and Beate Pilgrim, Kluwer Academic Publishers, Dordrecht, the Netherlands (2003)

Other selected publications

* Evstigneev, I. V., Hens, T. and Schenk-Hoppé, K. R. (2002), MARKET SELECTION OF FINANCIAL TRADING STRATEGIES: GLOBAL STABILITY. ''Mathematical Finance'', 12: 329–339. * Rieger, M. Wang, M. and Hens, T.: Risk Preferences Around the World, ''Management Science'' 2015, 61:3 , 637-648

External links

Homepage of Thorsten Hens
{{DEFAULTSORT:Hens, Thorsten German economists Swiss economists Living people 1961 births Financial economists