PhD defence: Nihat Misir

In order to obtain the PhD degree, Nihat Misir has submitted his thesis entitled: A Real Option Approach to Determining Power Prices

Friday, May 22, 2015 - 13:00 to 15:00

In electricity markets there are basically two different ways for a player to influence power prices: withholding of short-run capacity that would have been dispatched by a non-strategic firm and - in the longer run - underinvestment in generation capacity. Since, options of decision makers are on real assets, they will be called "Real Options" and the question we will try to answer throughout this project becomes; "How can be power prices determined by a real options approach?"

Supervisor:
Dean of Research Peter Møllgaard
Dean’s Office, Research
Copenhagen Business School
 
Secondary supervisor:
Professor Friðrik Már Baldursson
Reykjavik University

Assessment Committee:
Associate Professor Anette Boom (Chair)
Department of Economics
Copenhagen Business School

Director of EPRG, Emeritus Professor of Economics David Newbery
Department of Economics
University of Cambridge

Professor Petter Bjørksund
Business and Managerial Science
NHH - Norwegian School of Economics

Thesis
The thesis is available here.
 
Reception
The Doctoral School of Economics and Management will host a reception, which will take place immediately after the defence in the Gallery (Porcelænshaven 24).

The page was last edited by: Sekretariat for Ledelse og Kommunikation // 12/17/2017