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Gunnar Stensland

Personal Details

First Name:Gunnar
Middle Name:
Last Name:Stensland
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RePEc Short-ID:pst666
[This author has chosen not to make the email address public]
http://www.nhh.no/Default.aspx?ID=2001

Affiliation

Institutt for foretaksøkonomi
Norges Handelshøyskole (NHH)

Bergen, Norway
http://www.nhh.no/en/research-faculty/department-of-business-and-management-science.aspx
RePEc:edi:dfnhhno (more details at EDIRC)

Research output

as
Jump to: Working papers Articles

Working papers

  1. Bjerksund, Petter & Stensland, Gunnar & Vagstad, Frank, 2008. "Gas Storage Valuation: Price Modelling v. Optimization Methods," Discussion Papers 2008/20, Norwegian School of Economics, Department of Business and Management Science.
  2. Bjerksund, Petter & Stensland, Gunnar, 2006. "Closed form spread option valuation," Discussion Papers 2006/20, Norwegian School of Economics, Department of Business and Management Science.
  3. Bjerksund, Petter & Myksvoll, Bjarte & Stensland, Gunnar, 2006. "Managing Flexible Load Contracts: Two simple strategies," Discussion Papers 2006/21, Norwegian School of Economics, Department of Business and Management Science.

Articles

  1. Petter Bjerksund & Gunnar Stensland & Frank Vagstad, 2011. "Gas Storage Valuation: Price Modelling v. Optimization Methods," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 203-228.
  2. Olsen, Trond E. & Stensland, Gunnar, 1996. "On optimal control of income generating activities, and the value of flexible production design," International Review of Economics & Finance, Elsevier, vol. 5(4), pages 349-361.
  3. Bjerksund, Petter & Stensland, Gunnar, 1994. "An American call on the difference of two assets," International Review of Economics & Finance, Elsevier, vol. 3(1), pages 1-26.
  4. Bjerksund, Petter & Stensland, Gunnar, 1993. "Closed-form approximation of American options," Scandinavian Journal of Management, Elsevier, vol. 9(Supplemen), pages 87-99.
  5. Olsen, Trond E. & Stensland, Gunnar, 1992. "On optimal timing of investment when cost components are additive and follow geometric diffusions," Journal of Economic Dynamics and Control, Elsevier, vol. 16(1), pages 39-51, January.
  6. Olsen, Trond E. & Stensland, Gunnar, 1991. "Simple rules to order irreversible income alternatives sequentially," Economics Letters, Elsevier, vol. 35(2), pages 193-199, February.
  7. Stensland, Gunnar & Tjostheim, Dag, 1989. "Optimal Investments Using Empirical Dynamic Programming with Application to Natural Resources," The Journal of Business, University of Chicago Press, vol. 62(1), pages 99-120, January.
  8. Olsen, Trond E. & Stensland, Gunnar, 1989. "Optimal sequencing of resource pools under uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 17(1), pages 83-92, July.
  9. Bjorstad, Heidi & Hefting, Tom & Stensland, Gunnar, 1989. "A model for exploration decisions," Energy Economics, Elsevier, vol. 11(3), pages 189-200, July.
  10. Olsen, Trond E. & Stensland, Gunnar, 1988. "Optimal shutdown decisions in resource extraction," Economics Letters, Elsevier, vol. 26(3), pages 215-218.
  11. Gunnar Stensland & Arild N. Nystad, 1987. "Optimal Choice of R&D Strategy for Enhanced Recovery from Petroleum Reservoirs," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 125-132.
  12. Flam, Sjur D. & Stensland, Gunnar, 1985. "Exploration and taxation : Some normative issues," Energy Economics, Elsevier, vol. 7(4), pages 237-240, October.

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Bjerksund, Petter & Stensland, Gunnar & Vagstad, Frank, 2008. "Gas Storage Valuation: Price Modelling v. Optimization Methods," Discussion Papers 2008/20, Norwegian School of Economics, Department of Business and Management Science.

    Cited by:

    1. Giulietti, Monica & Grossi, Luigi & Waterson, Michael, 2011. "A Rough Examination of the value of gas storage," Economic Research Papers 270757, University of Warwick - Department of Economics.
    2. Steffen, Bjarne & Weber, Christoph, 2016. "Optimal operation of pumped-hydro storage plants with continuous time-varying power prices," European Journal of Operational Research, Elsevier, vol. 252(1), pages 308-321.
    3. Nicola Secomandi, 2015. "Merchant Commodity Storage Practice Revisited," Operations Research, INFORMS, vol. 63(5), pages 1131-1143, October.
    4. Nemat Safarov & Colin Atkinson, 2017. "Natural Gas-Fired Power Plants Valuation And Optimization Under Lévy Copulas And Regime Switching," International Journal of Theoretical and Applied Finance (IJTAF), World Scientific Publishing Co. Pte. Ltd., vol. 20(01), pages 1-38, February.
    5. Nicolas Curin & Michael Kettler & Xi Kleisinger-Yu & Vlatka Komaric & Thomas Krabichler & Josef Teichmann & Hanna Wutte, 2021. "A deep learning model for gas storage optimization," Papers 2102.01980, arXiv.org, revised Mar 2021.
    6. Nicola Secomandi & Guoming Lai & François Margot & Alan Scheller-Wolf & Duane J. Seppi, 2015. "Merchant Commodity Storage and Term-Structure Model Error," Manufacturing & Service Operations Management, INFORMS, vol. 17(3), pages 302-320, July.
    7. Misund, Bård & Oglend, Atle, 2015. "Supply and Demand Determinants of Natural Gas Price Volatility in the U.K.: A Vector Autoregression Approach," UiS Working Papers in Economics and Finance 2015/10, University of Stavanger.
    8. Arvesen, Øystein & Medbø, Vegard & Fleten, Stein-Erik & Tomasgard, Asgeir & Westgaard, Sjur, 2012. "Linepack storage valuation under price uncertainty," MPRA Paper 43270, University Library of Munich, Germany.
    9. Bastian Felix, 2012. "Gas Storage Valuation: A Comparative Simulation Study," EWL Working Papers 1201, University of Duisburg-Essen, Chair for Management Science and Energy Economics, revised Apr 2014.
    10. Patrick Hénaff & Ismail Laachir & Francesco Russo, 2018. "Gas Storage Valuation and Hedging: A Quantification of Model Risk," International Journal of Financial Studies, MDPI, Open Access Journal, vol. 6(1), pages 1-27, March.
    11. Steffen, Bjarne & Weber, Christoph, 2013. "Efficient storage capacity in power systems with thermal and renewable generation," Energy Economics, Elsevier, vol. 36(C), pages 556-567.
    12. Löhndorf, Nils & Wozabal, David, 2021. "Gas storage valuation in incomplete markets," European Journal of Operational Research, Elsevier, vol. 288(1), pages 318-330.
    13. Cummins, Mark & Kiely, Greg & Murphy, Bernard, 2018. "Gas storage valuation under multifactor Lévy processes," Journal of Banking & Finance, Elsevier, vol. 95(C), pages 167-184.
    14. Fleten, Stein-Erik & Bråthen, Espen & Nissen-Meyer, Sigurd-Erik, 2010. "Evaluation of static hedging strategies for hydropower producers in the Nordic market," MPRA Paper 27133, University Library of Munich, Germany.
    15. Secomandi, Nicola, 2016. "A tutorial on portfolio-based control algorithms for merchant energy trading operations," Journal of Commodity Markets, Elsevier, vol. 4(1), pages 1-13.
    16. Secomandi, Nicola & Seppi, Duane J., 2014. "Real Options and Merchant Operations of Energy and Other Commodities," Foundations and Trends(R) in Technology, Information and Operations Management, now publishers, vol. 6(3-4), pages 161-331, July.
    17. Monica Giulietti, Luigi Grossi, and Michael Waterson, 2012. "A Rough Analysis: Valuing Gas Storage," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    18. Patrick Henaff & Ismail Laachir & Francesco Russo, 2013. "Gas storage valuation and hedging. A quantification of the model risk," Papers 1312.3789, arXiv.org.
    19. Felix, Bastian Joachim & Weber, Christoph, 2012. "Gas storage valuation applying numerically constructed recombining trees," European Journal of Operational Research, Elsevier, vol. 216(1), pages 178-187.
    20. Nemat Safarov & Colin Atkinson, 2016. "Natural gas-fired power plants valuation and optimisation under Levy copulas and regime-switching," Papers 1607.01207, arXiv.org, revised Jul 2016.

  2. Bjerksund, Petter & Stensland, Gunnar, 2006. "Closed form spread option valuation," Discussion Papers 2006/20, Norwegian School of Economics, Department of Business and Management Science.

    Cited by:

    1. Edward P. C. Kao & Weiwei Xie, 2017. "Pricing spread options by generalized bivariate edgeworth expansion," International Journal of Financial Engineering (IJFE), World Scientific Publishing Co. Pte. Ltd., vol. 4(02n03), pages 1-30, June.
    2. Elisa Alòs & Jorge A. León, 2016. "On the short-maturity behaviour of the implied volatility skew for random strike options and applications to option pricing approximation," Quantitative Finance, Taylor & Francis Journals, vol. 16(1), pages 31-42, January.
    3. Jing Li & Lingfei Li & Rafael Mendoza-Arriaga, 2016. "Additive subordination and its applications in finance," Finance and Stochastics, Springer, vol. 20(3), pages 589-634, July.
    4. Tommaso Paletta & Arturo Leccadito & Radu Tunaru, 2013. "Pricing and Hedging Basket Options with Exact Moment Matching," Papers 1312.4443, arXiv.org.
    5. Chris Kenyon & Mourad Berrahoui & Benjamin Poncet, 2017. "Counterparty Trading Limits Revisited:CSAs, IM, SwapAgent(r), from PFE to PFL," Papers 1710.03161, arXiv.org, revised Nov 2018.
    6. Green, Rikard, 2015. "No 2015:3 Closed Form Valuation of Three-Asset Spread Options With a view towards Clean Dark Spreads," Knut Wicksell Working Paper Series 2015/3, Lund University, Knut Wicksell Centre for Financial Studies.
    7. Griselda Deelstra & Alexandre Petkovic & Michèle Vanmaele, 2008. "Pricing and Hedging Asian Basket Spread Options," Working Papers ECARES 2008_004, ULB -- Universite Libre de Bruxelles.
    8. Elisa Alòs & Jorge A. León, 2013. "On the closed-form approximation of short-time random strike options," Economics Working Papers 1347, Department of Economics and Business, Universitat Pompeu Fabra.
    9. Gerald H. L. Cheang & Len Patrick Dominic M. Garces, 2020. "Representation of Exchange Option Prices under Stochastic Volatility Jump-Diffusion Dynamics," Papers 2002.10202, arXiv.org.
    10. Stefano Herzel & Marco Nicolosi, 2019. "Optimal strategies with option compensation under mean reverting returns or volatilities," Computational Management Science, Springer, vol. 16(1), pages 47-69, February.
    11. Lahrech, Mohamed Taha & Benabdellah, Majid & Dehhaoui, Mohammed & Benchekroun, Fayçal, 2018. "Evaluation des options financières : revue de littérature et explication intuitive des méthodes de calcul [Evaluation of financial options: literature review and intuitive explanation of the calcul," MPRA Paper 95486, University Library of Munich, Germany.
    12. Lorenz Schneider & Bertrand Tavin, 2014. "From the Samuelson Volatility Effect to a Samuelson Correlation Effect: Evidence from Crude Oil Calendar Spread Options," Papers 1401.7913, arXiv.org, revised Feb 2015.
    13. Alexandre Petkovic, 2009. "Three essays on exotic option pricing, multivariate Lévy processes and linear aggregation of panel models," ULB Institutional Repository 2013/210357, ULB -- Universite Libre de Bruxelles.

Articles

  1. Petter Bjerksund & Gunnar Stensland & Frank Vagstad, 2011. "Gas Storage Valuation: Price Modelling v. Optimization Methods," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 203-228.
    See citations under working paper version above.
  2. Bjerksund, Petter & Stensland, Gunnar, 1994. "An American call on the difference of two assets," International Review of Economics & Finance, Elsevier, vol. 3(1), pages 1-26.

    Cited by:

    1. Katsushi Nakajima & Kazuhiko Ohashi, 2016. "Commodity Spread Option with Cointegration," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 23(1), pages 1-44, March.

  3. Bjerksund, Petter & Stensland, Gunnar, 1993. "Closed-form approximation of American options," Scandinavian Journal of Management, Elsevier, vol. 9(Supplemen), pages 87-99.

    Cited by:

    1. Markus Haas & Stefan Mittnik & Bruce Mizrach, 2005. "Assessing Central Bank Credibility During the ERM Crises: Comparing Option and Spot Market-Based Forecasts," CFS Working Paper Series 2005/09, Center for Financial Studies.
    2. Qianru Shang & Brian Byrne, 2021. "American option pricing: Optimal Lattice models and multidimensional efficiency tests," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 41(4), pages 514-535, April.
    3. Basili, Marcello & Fontini, Fulvio, 2012. "Biofuel from Jatropha curcas: Environmental sustainability and option value," Ecological Economics, Elsevier, vol. 78(C), pages 1-8.
    4. Bruce Mizrach, 2007. "Recovering Probabilistic Information From Options Prices and the Underlying," Departmental Working Papers 200702, Rutgers University, Department of Economics.
    5. Jérôme Detemple, 2014. "Optimal Exercise for Derivative Securities," Annual Review of Financial Economics, Annual Reviews, vol. 6(1), pages 459-487, December.
    6. Azusa Takeyama & Nick Constantinou & Dmitri Vinogradov, 2012. "A Framework for Extracting the Probability of Default from Stock Option Prices," IMES Discussion Paper Series 12-E-14, Institute for Monetary and Economic Studies, Bank of Japan.
    7. Minqiang Li, Li, 2009. "Analytical Approximations for the Critical Stock Prices of American Options: A Performance Comparison," MPRA Paper 15018, University Library of Munich, Germany.
    8. Huimin Yao & Frederik Pretorius, 2014. "Demand Uncertainty, Development Timing and Leasehold Land Valuation: Empirical Testing of Real Options in Residential Real Estate Development," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 42(4), pages 829-868, December.
    9. In oon Kim & Bong-Gyu Jang & Kyeong Tae Kim, 2013. "A simple iterative method for the valuation of American options," Quantitative Finance, Taylor & Francis Journals, vol. 13(6), pages 885-895, May.
    10. Cristina Viegas & José Azevedo-Pereira, 2020. "A Quasi-Closed-Form Solution for the Valuation of American Put Options," International Journal of Financial Studies, MDPI, Open Access Journal, vol. 8(4), pages 1-16, October.
    11. Bartosz Lamasz & Natalia Iwaszczuk, 2020. "Crude Oil Option Market Parameters and Their Impact on the Cost of Hedging by Long Strap Strategy," International Journal of Energy Economics and Policy, Econjournals, vol. 10(1), pages 471-480.
    12. Nima Ebrahimi & Craig Pirrong, 2020. "Oil jump risk," Journal of Futures Markets, John Wiley & Sons, Ltd., vol. 40(8), pages 1282-1311, August.
    13. Burcu Aydoğan & Ümit Aksoy & Ömür Uğur, 2018. "On the methods of pricing American options: case study," Annals of Operations Research, Springer, vol. 260(1), pages 79-94, January.
    14. Bruce Mizrach, 2002. "When Did The Smart Money in Enron Lose Its' Smirk?," Departmental Working Papers 200224, Rutgers University, Department of Economics.
    15. Vinicius Albani & Uri M. Ascher & Jorge P. Zubelli, 2016. "Local Volatility Models in Commodity Markets and Online Calibration," Papers 1602.04372, arXiv.org.
    16. Jennergren, L. Peter & Naslund, Bertil, 1996. "A class of options with stochastic lives and an extension of the Black-Scholes formula," European Journal of Operational Research, Elsevier, vol. 91(2), pages 229-234, June.
    17. Nils Crasselt & Christian Lohmann, 2016. "Considering real options in short-term decision making," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 27(4), pages 351-369, November.
    18. Chorn, L.G. & Shokhor, S., 2006. "Real options for risk management in petroleum development investments," Energy Economics, Elsevier, vol. 28(4), pages 489-505, July.
    19. Elliott, Lisa & Elliott, Matthew & Slaa, Chad Te & Wang, Zhiguang, 2020. "New generation grain contracts in corn and soybean commodity markets," Journal of Commodity Markets, Elsevier, vol. 20(C).
    20. Jongwoo Lee & Dean Paxson, 2003. "Confined exponential approximations for the valuation of American options," The European Journal of Finance, Taylor & Francis Journals, vol. 9(5), pages 449-474.
    21. Pier Giuseppe Giribone & Simone Ligato, 2016. "Flexible-forward pricing through Leisen–Reimer trees: Implementation and performance comparison with traditional Markov chains," International Journal of Financial Engineering (IJFE), World Scientific Publishing Co. Pte. Ltd., vol. 3(02), pages 1-21, June.
    22. Lindset, Snorre & Lund, Arne-Christian, 2007. "A Monte Carlo approach for the American put under stochastic interest rates," Journal of Economic Dynamics and Control, Elsevier, vol. 31(4), pages 1081-1105, April.
    23. Weiping Li & Su Chen, 2018. "The Early Exercise Premium In American Options By Using Nonparametric Regressions," International Journal of Theoretical and Applied Finance (IJTAF), World Scientific Publishing Co. Pte. Ltd., vol. 21(07), pages 1-29, November.
    24. Bruce Mizrach, 2006. "The Enron Bankruptcy: When did the options market in Enron lose it’s smirk?," Review of Quantitative Finance and Accounting, Springer, vol. 27(4), pages 365-382, December.
    25. Francisco Venegas Martínez, 2001. "Opciones, cobertura y procesos de difusión con saltos: Una aplicación a los títulos de Gcarso," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 16(2), pages 203-226.
    26. Mark Broadie & Jérôme Detemple, 1996. "Recent Advances in Numerical Methods for Pricing Derivative Securities," CIRANO Working Papers 96s-17, CIRANO.

  4. Olsen, Trond E. & Stensland, Gunnar, 1992. "On optimal timing of investment when cost components are additive and follow geometric diffusions," Journal of Economic Dynamics and Control, Elsevier, vol. 16(1), pages 39-51, January.

    Cited by:

    1. Dammann, Felix & Ferrari, Giorgio, 2021. "On an Irreversible Investment Problem with Two-Factor Uncertainty," Center for Mathematical Economics Working Papers 646, Center for Mathematical Economics, Bielefeld University.
    2. H. Dharma Kwon & Steven A. Lippman, 2019. "Acquisition of Project-Specific Assets with Bayesian Updating," Papers 1901.04120, arXiv.org.
    3. Rohlfs, Wilko & Madlener, Reinhard, 2010. "Valuation of CCS-Ready Coal-Fired Power Plants: A Multi-Dimensional Real Options Approach," FCN Working Papers 7/2010, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
    4. Compernolle, T. & Huisman, Kuno & Kort, Peter & Lavrutich, Maria & Nunes, Claudia & Thijssen, J.J.J., 2018. "Investment Decisions with Two-Factor Uncertainty," Discussion Paper 2018-003, Tilburg University, Center for Economic Research.
    5. Luis H.R. Alvarez & Jukka Lempa & Elias Oikarinen, 2009. "Do Standard Real Option Models Overestimate the Required Rate of Return of Real Estate Investment Opportunities?," Discussion Papers 52, Aboa Centre for Economics.
    6. Thijssen, Jacco J.J., 2008. "Optimal and strategic timing of mergers and acquisitions motivated by synergies and risk diversification," Journal of Economic Dynamics and Control, Elsevier, vol. 32(5), pages 1701-1720, May.
    7. H. Dharma Kwon & Steven A. Lippman, 2011. "Acquisition of Project-Specific Assets with Bayesian Updating," Operations Research, INFORMS, vol. 59(5), pages 1119-1130, October.
    8. Christensen, Sören & Irle, Albrecht, 2020. "The monotone case approach for the solution of certain multidimensional optimal stopping problems," Stochastic Processes and their Applications, Elsevier, vol. 130(4), pages 1972-1993.
    9. Soren Christensen & Luis H. R. Alvarez E, 2019. "A Solvable Two-dimensional Optimal Stopping Problem in the Presence of Ambiguity," Papers 1905.05429, arXiv.org.
    10. Felix Dammann & Giorgio Ferrari, 2021. "On an Irreversible Investment Problem with Two-Factor Uncertainty," Papers 2103.08258, arXiv.org.
    11. GAHUNGU, Joachim & SMEERS, Yves, 2011. "Optimal time to invest when the price processes are geometric Brownian motions. A tentative based on smooth fit," LIDAM Discussion Papers CORE 2011034, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    12. Cesare Dosi & Michele Moretto, 1997. "Pollution Accumulation and Firm Incentives to Accelerate Technological Change Under Uncertain Private Benefits," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 10(3), pages 285-300, October.
    13. Dean Paxson, 2007. "Sequential American Exchange Property Options," The Journal of Real Estate Finance and Economics, Springer, vol. 34(1), pages 135-157, January.
    14. Moretto, Michele, 2000. "Irreversible investment with uncertainty and strategic behavior," Economic Modelling, Elsevier, vol. 17(4), pages 589-617, December.

  5. Stensland, Gunnar & Tjostheim, Dag, 1989. "Optimal Investments Using Empirical Dynamic Programming with Application to Natural Resources," The Journal of Business, University of Chicago Press, vol. 62(1), pages 99-120, January.

    Cited by:

    1. Muehlenbachs, Lucija, 2012. "Testing for Avoidance of Environmental Obligations," Discussion Papers dp-12-12, Resources For the Future.
    2. Lim, Terence & Lo, Andrew W. & Merton, Robert C. & Scholes, Myron S., 2006. "The Derivatives Sourcebook," Foundations and Trends(R) in Finance, now publishers, vol. 1(5–6), pages 365-572, April.
    3. Slade, Margaret E., 2001. "Valuing Managerial Flexibility: An Application of Real-Option Theory to Mining Investments," Journal of Environmental Economics and Management, Elsevier, vol. 41(2), pages 193-233, March.

  6. Olsen, Trond E. & Stensland, Gunnar, 1989. "Optimal sequencing of resource pools under uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 17(1), pages 83-92, July.

    Cited by:

    1. Olsen, Trond E. & Stensland, Gunnar, 1996. "On optimal control of income generating activities, and the value of flexible production design," International Review of Economics & Finance, Elsevier, vol. 5(4), pages 349-361.
    2. Pennings, Enrico & Lint, Onno, 2000. "Market entry, phased rollout or abandonment? A real option approach," European Journal of Operational Research, Elsevier, vol. 124(1), pages 125-138, July.

  7. Bjorstad, Heidi & Hefting, Tom & Stensland, Gunnar, 1989. "A model for exploration decisions," Energy Economics, Elsevier, vol. 11(3), pages 189-200, July.

    Cited by:

    1. Fisher, Brian S. & Thorpe, Sally, 1990. "Issues In Resource Management," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 34(2), pages 1-16, August.
    2. Jakobsson, Kristofer & Söderbergh, Bengt & Snowden, Simon & Li, Chuan-Zhong & Aleklett, Kjell, 2012. "Oil exploration and perceptions of scarcity: The fallacy of early success," Energy Economics, Elsevier, vol. 34(4), pages 1226-1233.

  8. Olsen, Trond E. & Stensland, Gunnar, 1988. "Optimal shutdown decisions in resource extraction," Economics Letters, Elsevier, vol. 26(3), pages 215-218.

    Cited by:

    1. Hui-Ling Zhou & Bao-Jun Tang & Hong Cao, 2020. "Abandonment Decision-Making of Overseas Oilfield Project Coping with Low Oil Price," Computational Economics, Springer;Society for Computational Economics, vol. 55(4), pages 1171-1184, April.
    2. James E. Smith & Kevin F. McCardle, 1998. "Valuing Oil Properties: Integrating Option Pricing and Decision Analysis Approaches," Operations Research, INFORMS, vol. 46(2), pages 198-217, April.
    3. Won, Chaehwan, 2009. "Valuation of investments in natural resources using contingent-claim framework with application to bituminous coal developments in Korea," Energy, Elsevier, vol. 34(9), pages 1215-1224.
    4. Olsen, Trond E. & Stensland, Gunnar, 1996. "On optimal control of income generating activities, and the value of flexible production design," International Review of Economics & Finance, Elsevier, vol. 5(4), pages 349-361.
    5. Alejandro Mosiño & Alejandro Tatsuo Moreno-Okuno, 2018. "On modeling fossil fuel prices: geometric Brownian motion vs. variance-gamma process," Economics Bulletin, AccessEcon, vol. 38(1), pages 509-519.
    6. Epaulard, Anne & Pommeret, Aude, 2003. "Optimally eating a stochastic cake: a recursive utility approach," Resource and Energy Economics, Elsevier, vol. 25(2), pages 129-139, May.

More information

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Statistics

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Co-authorship network on CollEc

NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 2 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-ENE: Energy Economics (2) 2006-12-09 2008-10-28
  2. NEP-CSE: Economics of Strategic Management (1) 2006-12-09

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