Patrick Roger

Strasbourg University - LARGE Research Center - EM Strasbourg Business School

Professor of Finance

PEGE

61 avenue de la Forêt Noire

Strasbourg, 67000

France

SCHOLARLY PAPERS

20

DOWNLOADS
Rank 19,378

SSRN RANKINGS

Top 19,378

in Total Papers Downloads

2,028

CITATIONS

2

Scholarly Papers (20)

1.

Capital Protected Notes for Loss Averse Investors: A Counterintuitive Result

Number of pages: 38 Posted: 18 Mar 2008 Last Revised: 16 Nov 2008
Patrick Roger
Strasbourg University - LARGE Research Center - EM Strasbourg Business School
Downloads 326 (75,018)

Abstract:

protected notes, prospect theory, reference point

2.

Portfolio Diversification Dynamics as a Measure of Market Sentiment

Midwest Finance Association 2012 Annual Meetings Paper
Number of pages: 32 Posted: 15 Sep 2011 Last Revised: 11 Jun 2012
Patrick Roger
Strasbourg University - LARGE Research Center - EM Strasbourg Business School
Downloads 230 (101,559)

Abstract:

Investor Sentiment, Retail Investors, Buy-Sell imbalance, Markov Chains

3.

Does the Consciousness of the Disposition Effect Increase the Equity Premium?

Number of pages: 28 Posted: 13 Mar 2007
Patrick Roger
Strasbourg University - LARGE Research Center - EM Strasbourg Business School
Downloads 229 (109,651)

Abstract:

disposition effect, equity premium puzzle, loss aversion, behavioral finance

4.

Testing Alternative Theories of Financial Decision Making: An Experimental Study with Lottery Bonds

Number of pages: 28 Posted: 28 May 2009
Patrick Roger
Strasbourg University - LARGE Research Center - EM Strasbourg Business School
Downloads 160 (154,452)

Abstract:

lottery bonds, optimal beliefs, probability distortion, risk aversion

Testing Alternative Theories of Financial Decision Making: A Survey Study with Lottery Bonds

Paris December 2009 Finance International Meeting AFFI - EUROFIDAI
Number of pages: 32 Posted: 14 Oct 2009 Last Revised: 01 Dec 2009
Patrick Roger
Strasbourg University - LARGE Research Center - EM Strasbourg Business School
Downloads 134 (182,236)

Abstract:

Lottery bonds, optimal beliefs, probability distortion, risk aversion

Testing Alternative Theories of Financial Decision Making: A Survey Study with Lottery Bonds

Journal of Behavioral Finance, Vol. 12, pp. 219-232, 2011
Posted: 11 Jan 2012
Patrick Roger
Strasbourg University - LARGE Research Center - EM Strasbourg Business School

Abstract:

lottery bonds, optimal beliefs, probability distortion, risk aversion

6.

The Demand for Euromillions Lottery Tickets: An International Comparison

Number of pages: 30 Posted: 13 Nov 2008 Last Revised: 18 Feb 2009
Patrick Roger
Strasbourg University - LARGE Research Center - EM Strasbourg Business School
Downloads 133 (172,537)

Abstract:

state-lotteries, demand function, elasticity, Euromillions, lotto

7.

Diversi…fication, Gambling and Market Forces

Number of pages: 62 Posted: 14 Mar 2012 Last Revised: 02 Oct 2013
Strasbourg University - LARGE Research Center - EM Strasbourg Business School, Strasbourg University, LaRGE Research Center, EM Strasbourg Business School and Strasbourg University, LaRGE Research Center, EM Strasbourg Business School
Downloads 128 (174,500)

Abstract:

Underdiversi…cation, solvency constraints, skewness, individual investors

8.

Cannibalization of Products with Random Prices: Did the Euromillions Lottery Kill the French 6/49 Lotto?

Number of pages: 22 Posted: 05 Mar 2009
Chabi Sylvie and Patrick Roger
University of Strasbourg and Strasbourg University - LARGE Research Center - EM Strasbourg Business School
Downloads 106 (196,958)

Abstract:

loterie, cannibalisation, effets de substitution

9.

Portfolio Diversification Dynamics of Individual Investors: A New Measure of Investor Sentiment

29th International Conference of the French Finance Association (AFFI) 2012
Number of pages: 42 Posted: 05 Nov 2012
Patrick Roger
Strasbourg University - LARGE Research Center - EM Strasbourg Business School
Downloads 84 (221,546)

Abstract:

Investor sentiment, retail investors, markov chains

10.

Risk Apportionment: A Story of Moments?

Number of pages: 17 Posted: 19 Oct 2007
Patrick Roger
Strasbourg University - LARGE Research Center - EM Strasbourg Business School
Downloads 83 (245,836)
Citation 1

Abstract:

risk apportionment, risk aversion, prudence, moments

Mixed Risk Aversion and Preference for Risk Disaggregation: A Story of Moments

LARGE Working Paper
Number of pages: 25 Posted: 10 Mar 2009 Last Revised: 21 May 2009
Patrick Roger
Strasbourg University - LARGE Research Center - EM Strasbourg Business School
Downloads 72 (280,276)
Citation 1

Abstract:

risk apportionment, mixed risk aversion, prudence, temperance

Mixed Risk Aversion and Preference for Risk Disaggregation: A Story of Moments

Theory and Decision, Vol. 70, 2011
Posted: 16 Nov 2011
Patrick Roger
Strasbourg University - LARGE Research Center - EM Strasbourg Business School

Abstract:

risk apportionment, mixed risk aversion, prudence, temperance

12.

Being a Member of a Cooperative Bank: Ethical of Financial Decision?

Number of pages: 43 Posted: 06 Jun 2015
Damien Egarius and Patrick Roger
EM Strasbourg Business School and Strasbourg University - LARGE Research Center - EM Strasbourg Business School
Downloads 22 (351,524)

Abstract:

Cooperative Banks, Bank Membership, Capital requirements, Investor Behavior.

13.

Another Law of Small Numbers: Patterns of Trading Prices in Experimental Markets

Number of pages: 31 Posted: 07 Jun 2017 Last Revised: 12 Oct 2017
Université Paris-Dauphine, PSL Research University, Université Montpellier I, Strasbourg University - LARGE Research Center - EM Strasbourg Business School and LAMETA, University of Montpellier 1
Downloads 0 (472,605)

Abstract:

Experimental markets, number perception, behavioral bias, stock price magnitude, mental scales

14.

Idiosyncratic Risk, Private Benefits, and the Value of Family Firms

Number of pages: 27 Posted: 12 Mar 2016
Patrick Roger and Alain Schatt
Strasbourg University - LARGE Research Center - EM Strasbourg Business School and University of Lausanne, HEC-Lausanne
Downloads 0 (324,360)

Abstract:

Family firm, blockholders, idiosyncratic risk, private benefits, market value

15.

Behavioral Bias in Number Processing: Evidence from Analysts' Expectations

Number of pages: 40 Posted: 06 Oct 2015 Last Revised: 09 Oct 2017
Patrick Roger, Tristan Roger and Alain Schatt
Strasbourg University - LARGE Research Center - EM Strasbourg Business School, Université Paris-Dauphine, PSL Research University and University of Lausanne, HEC-Lausanne
Downloads 0 (187,374)

Abstract:

Financial analysts, target prices, behavioral biases, number perception

16.

Properties of Bid and Ask Reservation Prices in the Rank-Dependent Expected Utility Model

Journal of Mathematical Economics, Vol. 34, 2000
Posted: 16 Nov 2011
Patrick Roger
Strasbourg University - LARGE Research Center - EM Strasbourg Business School

Abstract:

Bid–ask spread, Market makers, Rank-dependent expected utility model

17.

Stock Timing Using Genetic Algorithms

Applied Stochastic models in Business and Industry, Vol. 18, pp. 121-134, 2002
Posted: 16 Nov 2011
Patrick Roger and Jerzy Korczak
Strasbourg University - LARGE Research Center - EM Strasbourg Business School and University of Strasbourg

Abstract:

genetic algorithms, stock timing, technical analysis, market efficiency

18.

Does the Consciousness of the Disposition Effect Increase the Equity Premium?

Journal of Behavioral Finance, Vol. 10, pp. 138-151, 2009
Posted: 16 Nov 2011
Patrick Roger
Strasbourg University - LARGE Research Center - EM Strasbourg Business School

Abstract:

Disposition effect, Equity premium puzzle, Loss aversion, Behavioral finance

19.

The Design of Optimal Insurance Contracts: A Topological Approach

The Geneva Papers on Risk and Insurance: Theory, Vol. 22, pp. 5-19, 1997
Posted: 16 Nov 2011
Patrick Roger and Sandrine Spaeter
Strasbourg University - LARGE Research Center - EM Strasbourg Business School and French National Center for Scientific Research (CNRS) - Bureau of Economic Theory and Application (BETA)

Abstract:

infinite dimensional problem, angular norm, coinsurance, deductible, increasing costs

20.

Efficiency of Betting Markets and Rationality of Players: Evidence from the French 6/49 Lotto

Journal of Applied Statistics, Vol. 34, No. 6, 2007
Posted: 16 Nov 2011
Patrick Roger and Marie-Hélène Broihanne
Strasbourg University - LARGE Research Center - EM Strasbourg Business School and Strasbourg University, LaRGE Research Center, EM Strasbourg Business School

Abstract:

lotto, pari-mutuel, information efficiency, maximum likelihood estimation

Other Papers (1)

Total Downloads: 0    Citations: 0
1.

The Demand of Euromillions Lottery Tickets: An International Comparison

Revue Economique, Vol. 62, No. 1, pp. 29-56, January 2011
Posted: 13 Jan 2012 Last Revised: 14 Jan 2012
Patrick Roger
Strasbourg University - LARGE Research Center - EM Strasbourg Business School

Abstract:

state-lotteries, lotto, demand, prospect theory