Leif Kristoffer Sandal

Professor Leif Kristoffer Sandal

E-mail
Leif.Sandal@nhh.no
Telephone
+47 55 95 93 41
Department
Business and Management Science
Centre
ENE
Office
C704
Expertise
Environmental Economics Sustainability Management Science Sustainability and Ecosystem Based Resource Management Stochastic Optimization and Dynamic Games Mathematics

BIOGraphy

Leif Kristoffer Sandal is a Professor of Applied Mathematics and Management Science.  Sandal received his Dr. Scient. degree in applied mathematics and theoretical plasma physics from the University of Bergen in 1984.

He founded the international master and doctorial programs at NHH in Energy, Natural Resources and the Environment (ENE) and is presently the head of the ENE centre.

Sandal has published widely in the field of fishery economics and was pioneering the introduction of stochastic modeling in bioeconomics. His international network is extensive and he has many joint publications with researchers in Europe, China, Australia and North America. He has been a member, as well as principal investigator, in numerous international projects. His research interests include real world applications of dynamic modeling and stochastic optimization in Managing Natural Resources, Pollution Problems and Corrective Taxes and Sustainable Feedback Polices in Bioeconomics.

Selected publications

Author(s) Title Publisher
Ubøe, Jan, Andersson, Jonas, Jørnsten, Kurt, Lillestøl, Jostein Kåre, Sandal, Leif Kristoffer Statistical testing of bounded rationality with applications to the newsvendor model European Journal of Operational Research Volume 259 (1), page 251 - 261, 2017
Kvamsdal, Sturla F, Eide, Arne, Ekerhovd, Nils-Arne, Enberg, Katja, Gudmundsdottir, Asta, Hoel, Alf Håkon, Mills, Katherine E., Mueter, Franz J., Ravn-Jonsen, Lars, Sandal, Leif Kristoffer, Stiansen, Jan Erik, Vestergaard, Niels Harvest control rules in modern fisheries management Elementa: Science of the Anthropocene Volume 4 (22 pages), 2016
Poudel, Diwakar, Sandal, Leif Kristoffer, Kvamsdal, Sturla F Stochastically Induced Critical Depensation and Risk of Stock Collapse Marine Resource Economics Volume 30 (3), page 297 - 313, 2015
Kvamsdal, Sturla F, Sandal, Leif Kristoffer The Ensemble Kalman Filter for Multidimensional Bioeconomic Models Natural Resource Modeling Volume 28 (3), page 321 - 347, 2015
Poudel, Diwakar, Sandal, Leif Kristoffer STOCHASTIC OPTIMIZATION FOR MULTISPECIES FISHERIES IN THE BARENTS SEA Natural Resource Modeling Volume 28 (3), page 219 - 243, 2015
Kvamsdal, Sturla F, Poudel, Diwakar, Sandal, Leif Kristoffer Harvesting in a Fishery with Stochastic Growth and a Mean-Reverting Price Environmental and Resource Economics Volume 63, page 643 - 663, 2014
Øksendal, Bernt, Sandal, Leif Kristoffer, Ubøe, Jan Stackelberg equilibria in a continuous-time vertical contracting model with uncertain demand and delayed information Journal of Applied Probability Volume 51A, page 213 - 226, 2014
Liu, Xiaozi, Lindroos, Marko, Sandal, Leif Kristoffer Sharing a Fish Stock When Distribution and Harvest Costs are Density Dependent Environmental and Resource Economics Volume 63 (3), page 665 - 686, 2014
Poudel, Diwakar, Sandal, Leif Kristoffer, Kvamsdal, Sturla F, Steinshamn, Stein Ivar Fisheries Management under Irreversible Investment: Does Stochasticity Matter? Marine Resource Economics Volume 28 (1), page 83 - 103, 2013
Andersson, Jonas, Jørnsten, Kurt, Nonås, Sigrid Lise, Sandal, Leif Kristoffer, Ubøe, Jan A maximum entropy approach to the newsvendor problem with partial information European Journal of Operational Research Volume 228 (1), page 190 - 200, 2013
Jørnsten, Kurt, Nonås, Sigrid Lise, Sandal, Leif Kristoffer, Ubøe, Jan Mixed contracts for the newsvendor problem with real options and discrete demand Omega : The International Journal of Management Science Volume 41 (5), page 809 - 819, 2013
Øksendal, Bernt, Sandal, Leif Kristoffer, Ubøe, Jan Stochastic Stackelberg equilibria with applications to time-dependent newsvendor models Journal of Economic Dynamics and Control Volume 37 (7), page 1284 - 1299, 2013
Jørnsten, Kurt, Nonås, Sigrid Lise, Sandal, Leif Kristoffer, Ubøe, Jan Transfer of risk in the newsvendor model with discrete demand Omega : The International Journal of Management Science Volume 40 (3), page 404 - 414, 2012
Sandal, Leif Kristoffer, Steinshamn, Stein Ivar Optimal environmental taxes: Effects of pollution decay and consumer awareness Natural Resource Modeling Volume 21 (3), page 436 - 465, 2008
Sandal, Leif Kristoffer, Steinshamn, Stein Ivar, Hoff, Ayoe Irreversible investments revisited Marine Resource Economics Volume 22 (3), page 255 - 267, 2007
Sandal, Leif Kristoffer, Steinshamn, Stein Ivar Dynamic Cournot-Competitive Harvesting of a Common Pool Resource Journal of Economic Dynamics and Control Volume 28, page 1781 - 1799, 2004
Sandal, Leif Kristoffer, Steinshamn, Stein Ivar, Grafton, R. Quentin More is Less: The Tax Effects of Ignoring Flow Externalities Resource and Energy Economics Volume 25 (3), page 239 - 254, 2003
McKelvey, Robert W., Sandal, Leif Kristoffer, Steinshamn, Stein Ivar Regional fisheries management on the high seas; The Hit-and-Run interloper model International Game Theory Review Volume 5 (4), page 1 - 19, 2003
Sandal, Leif Kristoffer, McKelvey, Robert W., Steinshamn, Stein Ivar Fish Wars on the High Seas: A Straddling Stock Competition Model International Game Theory Review Volume 4 (1), page 53 - 71, 2002
McDonald, A. David, Sandal, Leif Kristoffer Estimating the Parameters of Stochastic Differential Equations Using a Criterion Function Based on the Kolmogorov-Smirnov Statistic Journal of Statistical Computation and Simulation Volume 64 (3), page 235 - 250, 1999
More publications in Cristin
  • Applied Mathematical and Numerical Modeling
  • Deterministic and Stochastic Control Theory
  • Dynamic Optimization in Management Science and Natural Resource Economics
  • Dynamic Games
  • Difference and Differential Equations

Dissemination