Research Interests

• Empirical Finance

• Behavioral Finance

• Retail Finance

• Derivatives & Structured Products

• Risk Management

Work in Progress - comments are welcome!

• Derivative Choices of Retail Investors: Evidence from Germany [SSRN]

• Financial Innovation, Investors Sophistication and Financial Product Supply (working title)

• Are Individual Investors subject to Mood Effects? (working title)

• Who benefits from Retail Derivatives? An Analysis of the Trading and Market Pricing in the German Secondary Market [SSRN]

• Complexity in Financial Retail Markets - What do we learn from the recent Financial Crisis? (working title)

Publications

• The Rise of Structured Financial Products in Financial Retail Markets - Explanations from Behavioural Finance (in German) [Download]

• Managementvergütung mit aktienkursbasierten Entlohnungsinstrumenten  [Download]

• Die Organisation des Risikomanagements - Delegation vs. Zentralisierung  [Download]

Media

• Der Cobold hat das ganze Geld, Badische Zeitung (August 1, 2009)

Links

• Center for Financial Studies

• House of Finance

• J.W.Goethe University, Chair of Corporate Finance (Prof. Dr. J. P. Krahnen)

• Wilmott Quant Forum

 © 2007 David Nicolaus. Contact & Disclaimer