Stensland, Gunnar

Gunnar Stensland

E-mail:

Gunnar.Stensland@nhh.no

Gunnar Stensland

Telephone:

+47 55 95 92 73

Fax:

+47 55 95 96 50

Title:

Professor, dr. polit., University of Bergen, 1988

Nationality:

Norwegian

Teaching languages:

Norwegian, English

 

 

Teaching areas:

Investments, risk management, derivatives

 

 

Research:

 

Present:

Financial economics

 

 

Selected publications:

  • Exercising flexible load contracts: Two simple strategies, Applied Stochastic Models in Business & Industry, 2008, Vol. 24, No. 2, pp. 93-107 (with Petter Bjerksund and Bjarte Myksvoll).

  • 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 Petter Bjerksund).

  • 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, pp. 109-127 (with Petter Bjerksund).

  • Implementing the Black-Derman-Toy Interest Rate Model, Journal of Fixed Income, Vol. 6, No. 2, 1996, pp. 67-75 (with Petter Bjerksund).

  • On Optimal Control of Income Generating Activities, and the Value of Flexible Production Design, International Review of Economics and Finance, Vol. 5, No. 4, 1996, pp. 349-361 (with Trond E. Olsen).

  • Utledning av rentens terminstruktur ved "maksimum glatthets"-prinsippet (Extracting the term structure from bond prices with maximum smoothness), Beta, No. 1, 1996, pp. 2-6 (with Petter Bjerksund).

  • An American Call on the Difference of two Assets, International Review of Economics and Finance, Vol. 3, No. 1,1994, pp. 1-26 (with Petter Bjerksund).

  • Closed Form Approximation of American Options, Scandinavian Journal of Management, Vol. 9, Suppl., 1993, pp. S87-S99 (with Petter Bjerksund).

  • American Exchange Options and a Put-Call Transformation: A Note, Journal of Business, Finance, and Accounting, Vol. 20, No. 5, September 1993, pp. 761-764 (with Petter Bjerksund).

  • On Optimal Timing of Investment when Cost Components are Additive and Follows Geometric Diffusions, Journal of Economic Dynamics and Control, Vol 16, 1992, pp. 39-51 (with Trond E. Olsen).

  • Optimal Sequencing of Resource Pools under Uncertainty, Journal of Environmental Economics and Management, Vol. 17, 1989, pp. 83-92 (with Trond E. Olsen).

  • Optimal Investment Using Empirical Dynamic Programming with Application to Natural Resources, Journal of Business, Vol. 62, No. 1, 1989, pp. 99-120 (with Dag Tjøstheim).

  • Optimal Shut down Desicions in Resource Extraction, Economic Letters, Vol. 26, 1988, pp. 215-218 (with Trond E. Olsen).