Petter Bjerksund

 

E-mail:

Petter.Bjerksund@nhh.no

 

Telephone:

+47 55 95 95 48

Fax:

+47 55 95 96 50

Title:

Professor, dr. oecon., NHH 1990

Nationality:

Norwegian

Teaching languages:

Norwegian, English


Teaching areas:

  • Investments

  • Risk Management

  • Derivatives


Research areas:

  • Financial Economics


Selected publications:

  • Closed form spread option valuation, Quantitative Finance, forthcoming (with Gunnar Stensland).

  • Gas Storage Valuation: Price Modelling v. Optimization Methods, Energy Journal, 2011, 32(1), 203-227 (with Gunnar Stensland and Frank Vagstad).

  • Valuation and Risk Management in the Norwegian Electricity Market Energy, Natural Resources and Environmental Economics, in Energy Systems (series), Springer, 2010, 167-185 (with Heine Rasmussen and Gunnar Stensland).

  • Exercising flexible load contracts: Two simple strategies, Applied Stochastic Models in Business & Industry, 2008, 24(2), 93-107 (with Bjarte Myksvoll and Gunnar Stensland).

  • How to Extend the RiskMetrics™ Market Risk Universe. In Bjerksund, Petter and Øystein Gjerde (Eds.): Essays on Uncertainty. Festskrift til Steinar Ekerns 60-årsdag, NHH, 2002 (with Gunnar Stensland).

  • A self-enforced dynamic contract for processing of natural resources, in Brennan, Michael J. and Lenos Trigeorgis (Eds.): Project Flexibility, Agency, and Competition, Oxford University Press, New York, 1999, 109-127 (with Gunnar Stensland).

  • The political economy of capital controls and tax policy in a small open economy, European Journal of Political Economy, 1998, 14(3), 543-559 (with Guttorm Schjelderup).

  • Implementing the Black-Derman-Toy Interest Rate Model, Journal of Fixed Income, 1996, 6(2), 67-75 (with Gunnar Stensland).

  • Utledning av rentens terminstruktur ved "maksimum glatthets"-prinsippet (Extracting the term structure from bond prices with maximum smoothness), Beta, 1996, 10(1), 2-6 (with Gunnar Stensland).

  • Capital Controls and Capital Flight, Finanz Archiv, 1995, 52(2), 33-42 (with Guttorm Schjelderup).

  • Contingent Claims Evaluation of Mean-Reverting Cash Flows in Shipping, in Trigeorgis, Lenos (Ed.): Real Options in Capital Investment, Praeger, London: 1995, 207-219 (with Steinar Ekern).

  • An American Call on the Difference of two Assets, International Review of Economics and Finance, 1994, 3(1), 1-26 (with Gunnar Stensland).

  • Closed Form Approximation of American Options, Scandinavian Journal of Management, 1993, 9(Suppl.), S87-S99 (with Gunnar Stensland).

  • American Exchange Options and a Put-Call Transformation: A Note, Journal of Business, Finance, and Accounting, 1993, 20(5), 761-764 (with Gunnar Stensland).

  • Managing Investment Opportunities Under Price Uncertainty: From "Last Chance" to "Wait and See" Strategies, Financial Management, 1990, 19(3), 65-83 (with Steinar Ekern). Reprinted in Eduardo Schwartz & Lenos Trigeorgis (Eds.) Real Options and Investment under Uncertainty: Classical Readings and Recent Contributions, MIT Press, 2001.


Working papers: