Portsmouth Business School

Profile

Dr Paraskevas Pagas BA, MA, MSc, PGCE

Teaching

Paraskevas Pagas is a Senior Lecturer in the Department of Accounting and Finance. Paraskevas’s lecturing specialism focuses on finance and includes units such as Option Pricing Theory, Derivatives, Behavioural Finance, Corporate Finance, Business Finance, Finance and Administration, Financial Decision Making and Control, Introduction to Financial Management, and Decision and Risk Analysis.

Research Interests

Research interest focus on asset pricing and risk modelling, with particular reference to behavioural finance and financial anomalies. Recent research has analysed the description and background assumptions of Game Theory using proof-theoretic and model-theoretic techniques of first order paraconsistent logic.

Refereed Papers

“Paraconsistent Games and the Limits of Rational Self-Interest” (with A. Daynes and P. Andrikopoulos), forthcoming Australasian Journal of Logic (accepted August 2010).

“Size effect, methodological issues and risk to default; evidence from the UK stock market” (with P. Andrikopoulos and A. Daynes), European Journal of Finance, vol. 14, number 4, June 2008, pp. 299-314.

“The Time-varying Nature of the Overreaction Effect: Evidence from the UK” (with P. Andrikopoulos and A. Daynes), International Journal of Banking and Finance, Vol. 8 Issue 3, August 2011

“The value premium and methodological biases: evidence from the UK equity market” (with P. Andrikopoulos, A. Daynes, D. Latimer). Published in Investment Management and Financial Innovations, vol. 3, issue 3, 2006, pp 40-59.

“UKmarket, financial databases and evidence of bias” (with P. Andrikopoulos, A. Daynes, D. Latimer). Published in De Montfort University Occasional Series in Finance, vol. 79, May 2007.

Working Papers

“Multifactor Expected-Returns Models and “Superstocks” in the UK Equity Market” (with A. Daynes and P. Andrikopoulos).

“Spectrum Effect on Expected Returns and Mimicking Portfolios” (with A. Daynes and P. Andrikopoulos).

“Commonality in the determinants of stock returns Vol II” (with A. Daynes and P. Andrikopoulos).

“The paradoxes of neoclassical game theory and their implications for the conceptual frameworks of accounting and financial regulation” (with A. Daynes and P. Andrikopoulos).

 “The long term market performance of UK companies following corporate name changes” (with A. Daynes and P. Andrikopoulos).

Conference Presentations

“The paradoxes of neoclassical game theory and their implications for the conceptual frameworks of accounting and financial regulation”, presented at the BAFA annual conference, Aston University, Birmingham, UK 2011.

 “Multifactor Models and Expected Returns in the UK Equity Market”, presented at the London Business Research annual conference Imperial College, London, UK 2010.

 “Corporate name changes and stock market performance”, presented at the conference of the Athens Institute for Education and Research, Athens 2007.

Experience

2004 – Today              Senior Lecturer, University of Portsmouth

2002 – 2004                Part-time lecturer,UniversityofPortsmouth

1998 – 1999                Accounting Assistant, Pension Fund of Agricultural Bank of Greece