Patrick Roger



Research interests


Behavioral Finance, Asset Pricing, Gambling Studies


Recent news

                 September 2019
      • "Another law of small numbers; patterns in trading prices on experimental markets" (with Wael Bousselmi, Tristan Roger and Marc Willinger), accepted for presentation at the 12th Conference of the Academy of Behavioral Finance and Economics, New York.

                 June 2019       
    •  "On the use of leveraged ETFs by retail investors" (with Catherine D'Hondt, Richard McGowan and Laurent Deville), accepted for presentation at the 36th AFFI Meeting, Québec.
    • "Battle of investors: Retail vs. Professional A comparison of implied volatilities in Germany" (with Carolin Hartmann), accepted for presentation at the 36th AFFI Meeting, Québec.
                February 2019
      • Invited seminar at HEC Liège. "Another law of small numbers; patterns in trading prices on experimental markets" (with Wael Bousselmi, Tristan Roger and Marc Willinger).

                December 2018
    • Eurofidai Best Paper Award 2018 for "Investor Sentiment and Return Predictability: the Power of Ignorance" (with Catherine D'Hondt), Finance, Vol 38 (2), 2017.
October 2018
      • "Is Stuttgart more sentiment-prone than Frankfurt? The case of retail-oriented structured products in Germany" (with Carolin Hartmann), Academy of Behavioral Finance and Economics, Chicago. 
      • "Exchange-traded funds and retail investors: hedging or gambling?" (with Catherine D'Hondt, Richard McGowan and Laurent Deville), invited seminar, university of Adelaide.
                September 2018
      • "Exchange-traded funds and retail investors: hedging or gambling?" (with Catherine D'Hondt, Richard McGowan and Laurent Deville), Investment Management Research Conference, Sydney.
                    June 2018
      • ASFEE Prize 2017 for the Best paper presented by a young researcher (Tristan Roger) for "Another law of small numbers; patterns in trading prices on experimental markets" (with Wael Bousselmi, Tristan Roger and Marc Willinger).
      • "Richard Thaler: the anomalies of life", co-authored with Werner De Bondt and Marie Pfiffelmann, 39(1), 7-27, Finance, 2018
      • "Behavioral Bias in Number Processing: an Experimental Study of Analysts' Forecasts" (with Tristan Roger, Wael Bousselmi and Marc Willinger), ASFEE Conference, Nice, June 2018
                May 2018

                December 2017

      • "Investor Sentiment and Return Predictability: the Power of Ignorance" (with Catherine D'Hondt), Finance, Vol 38 (2), 2017.
    • A chapter entitled "Richard Thaler: de l'homo economicus à l'homo sapiens", co-authored with Marie Pfiffelmann (EM Strasbourg Business School) is published in the second edition of the book "Les grands auteurs en Finance", EMS, September 2017.
                   January-June 2017