Professor Emeritus Gunnar Stensland

E-mail: Gunnar.Stensland@nhh.no
Telephone: +47 55 95 97 08
Department: Business and Management Science
Centre: ENE
Office: C616
Expertise: Energy Management Science Financial Derivatives Risk Management Real Options Finans

Biography and CV Selected publications Research Teaching Dissemination

BIOGraphy

Gunnar Stensland is a Professor of Finance and Management Science at NHH. He received his Dr. Polit. degree in 1988 at the University of Bergen.

His research interests includes financial derivatives, risk management, real options, as well as financial aspects of energy and commodity markets. He has published in academic journals such as Journal of Business, Journal of Economic Dynamics and Control, Journal of Environmental Economics and Management, Economics Letters, Journal of Fixed income, Quantitative Finance and Energy journal.

Stensland also cofounded the software company Viz Risk Management. This company is now part of Brady plc. one of the leading vendors of trading software within the commodity and energy space.

Selected publications

Author(s)	Title	Publisher
Bjerksund, Petter; Stensland, Gunnar	Closed form spread option valuation	Quantitative finance (Print) Volume 14 (10); page 1785 - 1794; 2014
Bjerksund, Petter; Stensland, Gunnar; Vagstad, Frank	Gas Storage Valuation: Price Modelling v. Optimization Methods	Energy Journal Volume 32 (1); page 203 - 227; 2011
Bjerksund, Petter; Rasmussen, Heine; Stensland, Gunnar	Valuation and Risk Management in the Norwegian Electricity Market	Energy Systems; page 167 - 185; 2010
Bjerksund, Petter; Myksvoll, Bjarte; Stensland, Gunnar	Exercising flexible load contracts: Two simple strategies	Applied Stochastic Models in Business and Industry Volume 24 (2); page 93 - 107; 2008
Bjerksund, Petter; Stensland, Gunnar; Gjerde, Øystein	How to Extend the RiskMetrics™ Market Risk Universe	Finansparadigmet; page 145 - 156; 2002
Bjerksund, Petter; Stensland, Gunnar; Brennan, Michael J.; Trigeorgis, Lenos	A Self-Enforced Dynamic Contract for Processing of Natural Resources	Project Flexibility, Agency, and Competition: New Developments in the Theory and Application of Real Options; page 109 - 127; 1999
Stensland, Gunnar; Olsen, Trond	On optimal control of income generating activities, and the value of flexible production design	International Review of Economics and Finance Volume 5 (155); page 349 - 361; 1997
Bjerksund, Petter; Stensland, Gunnar	Utledning av rentens terminstruktur ved "maksimum glatthets"-prinsippet	Beta Volume 10 (1); page 2 - 6; 1996
Bjerksund, Petter; Stensland, Gunnar	Implementing the Black-Derman-Toy Interest Rate Model	Journal of Fixed Income Volume 6 (2); page 67 - 75; 1996
Bjerksund, Petter; Stensland, Gunnar	An American Call on the Difference of two Assets	International Review of Economics and Finance Volume 3 (1); page 1 - 26; 1994
Bjerksund, Petter; Stensland, Gunnar	Closed Form Approximation of American Options	Scandinavian Journal of Management Volume 9; page S87 - S99; 1993
Bjerksund, Petter; Stensland, Gunnar	American Exchange Options and a Put-Call Transformation: A Note	Journal of Business Finance & Accounting Volume 20 (5); page 761 - 764; 1993
Bjerksund, Petter; Stensland, Gunnar; Vamråk, Ingebjørg	The participation exemption: Tax-free synthetic interest in companies	Trends in Financial Market Innovations: The Role of Taxes; page 89 - 103; 2016
Bjerksund, Petter; Dobrovolskis, Ingebjørg Vamråk; Stensland, Gunnar	En kommentar til «Nøytral skatt-legging av finansielle instrument?»	Praktisk økonomi & finans (1); page 96 - 96; 2012
Bjerksund, Petter; Rasmussen, Heine; Stensland, Gunnar	Valuation and risk management in the Norwegian electricity market	Energy, natural resources and environmental economics; page 167 - 185; 2010
Bjerksund, Petter; Rasmussen, Heine; Stensland, Gunnar	Valuation and risk management in the Norwegian electricity market	Energy, natural resources and environmental economics; page 167 - 185; 2010
Bjerksund, Petter; Stensland, Gunnar; Vamråk, Ingebjørg	Fritaksmetoden: Skattefrie syntetiske renteinntekter i selskaper	Praktisk økonomi & finans Volume 25 (3); page 111 - 120; 2009
Bjerksund, Petter; Stensland, Gunnar	Prinsipper for verdsetting av obligasjoner	Praktisk økonomi og ledelse Volume 13 (2); page 63 - 69; 1997
Bjerksund, Petter; Stensland, Gunnar	Utlledning av rentens terminstruktur ved maksimum glatthets prinsippet	? (1); page 2 - 6; 1996
Bjerksund, Petter; Stensland, Gunnar	Implementation of the Black-Derman-Toy interest rate model	Journal of Fixed Income Volume 6 (2); page 67 - 75; 1996
Bjerksund, Petter; Stensland, Gunnar	An American call on the difference of two assets	International Review of Economics and Finance Volume 3 (1); page 1 - 26; 1994