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Review of Asset Pricing Studies

The Review of Asset Pricing Studies strives to publish the highest quality research in asset pricing, broadly construed. RAPS will evaluate papers based on their substantive original contribution to our understanding of the pricing of assets.

Editors

Zhiguo He: Stanford University (Executive Editor)
Riccardo Colacito: UNC Kenan-Flagler Business School
Joël Peress: INSEAD
Norman Schürhoff: Swiss Finance Institute

News from RAPS

  • Winners of the RAPS Awards

    The winners of the annual RAPS Awards were announced at SFS Cavalcade North America 2026. We are pleased to share the winners:

    Best Paper Award
    “Priority Rules, Internalization, and Payment for Order Flow”
    Hans Degryse and Nikolaos Karagiannis
    Prize: $10,000

    Referee of the Year
    Andrei Goncalves
    Prize: $1000

    Rising Scholar Award
    “Asset Pricing in the Information Age: Employee Expectations and Stock Returns”
    Jinfei Sheng
    Prize: $5000

    Congratulations to all our award winners!

  • Deadline Approaching: RAPS RCFS Europe Conference

    The deadline to submit to the RAPS/RCFS Europe Conference in Cambridge is June 1, 2026. Submit here!

  • New RAPS Issue 16(2)

    The June issue of RAPS has published! The Editor’s Choice paper is: “Primary Capital Market Transactions and Index Funds” by Chris Murray and Marco Sammon 

See all RAPS news

Conference Announcements

  • Call for Papers: RAPS/RCFS Europe Conference in Cambridge

    Following a successful inaugural conference in 2025, the Society for Financial Studies is hosting the RAPS/RCFS Europe Conference in Cambridge on September 22, 2026. There will be dual track sessions in Asset Pricing and Corporate Finance with a keynote by Xavier Giroud (Columbia Business School). The conference organizers are Isil Erel, Zhiguo He, and Constantine Yannelis. The conference will feature optional dual submission to RAPS or RCFS.

    The deadline to submit is June 1, 2026. For more, please see the conference website and the Call for Papers.

  • SFS Cavalcade North America 2026

    Darden Graduate School of Business Administration, University of Virginia
    May 18-21, 2026

    Submission deadline: December 11, 2025

    Cavalcade website