Research

I am interested in asset pricing implications of rational and behavioral learning, model uncertainty and rationality in the context of "agreeing to disagree". Further areas of interest are costly information in asset pricing and corporate finance.

Publications:

• Information Processing and Non-Bayesian Learning in Financial Markets. Review of Finance, 20(2):823-853. 2016.
  • Awards:
  • Shmuel Kandel Outstanding PhD Award at the Utah Winter Finance Conference. 2014.
  • Best Paper in Investments Award at the Financial Management Association (FMA) in Nashville, USA (5 awards out of 1400 submissions). 2014.
  • Outstanding PhD-paper Award at the Eastern Finance Association Conference. 2014.
  • Best Quantitative Paper Award at the Behavioral Finance Working Group Conference. 2014.
  • Best Doctoral Papers Award at the Academy of Behavioral Finance. 2013.
• Equity Trading Activity and Treasury Bond Risk Premia, with Elvira Sojli, Avanidhar Subrahmanyam, and Wing Wah Tham. Journal of Financial and Quantitative Analysis, 58(2):677-710. 2023.
  
  
  
• When Beliefs Influence the Perceived Signal Precision: The Impact of News on Reinforcement-Oriented Agents. Management Science. 2024.
  
  
  

Working Papers:

• Risk Sharing Supplier Relationships and Investment Financing Decisions.
  
  
  
• Earning Baths (coming soon).
  
  
  

Contact Details

University of Vienna
Department of Finance
Oskar-Morgenstern-Platz 1
A-1090 Vienna, Austria

stefanie.schraeder@univie.ac.at

Link to my Google Scholar page
Link to my Uni Vienna website