Thorsten Hens (born December 19, 1961) is a German economist and finance academic. According to the Handelsblatt ranking, Hens is among the top 10 economics professors in the German-speaking area (Germany, Switzerland and Austria).
Thorsten Hens (born December 19, 1961) is a German economist and finance academic. According to the Handelsblatt ranking, Hens is among the top 10 economics professors in the German-speaking area (Germany, Switzerland and Austria).
Hens is Swiss Finance Institute Professor of Financial Economics and director of the Swiss Banking Institute at the University of Zürich, Switzerland as well as a Fellow of Centre for Economic Policy Research and an Adjunct Professor of Finance at the Norwegian School of Economics and Business Administration in Bergen.
His research areas are—among others—evolutionary and behavioral finance. 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 for Private Banking and evolutionary finance for asset management.
He studied at the University of Bonn and at DELTA in Paris, and previously held professorships at Stanford University and at the University of Bielefeld.
Behavioral economics studies the effects of psychological, cognitive, emotional, cultural and social factors on the decisions of individuals and institutions and how those decisions vary from those implied by classical economic theory.
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