Browsing NHH Brage by Author "Nordal, Kjell Bjørn"
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Country risk, country risk indices, and valuation of FDI : a real options approach
Nordal, Kjell Bjørn (Discussion paper, Working paper, 2001-03)Country risk and in particular political risk may constitute a large part of the total risk investors face when investing in emerging markets. It is not a straightforward task to quantify and include these types of risks ... -
Foreign direct investment and local cooperation : a contingent claims approach
Nordal, Kjell Bjørn (Discussion paper, Working paper, 2000-12)We address key issues that a foreign investor needs to evaluate when deciding whether to enter into a joint venture with a local partner. We explicitly show how the values depend on the valuation methodology, i.e., the ... -
Investing without credible inter-period regulations : a bargaining approach with application to investments in natural resources
Nordal, Kjell Bjørn (Discussion paper, Working paper, 1999-12)A government’s lack of credibility when promising future taxation and regulation of foreign direct investment is often regarded as an obstacle to foreign investment. As shown in this paper, the total lack of inter-period ... -
Political uncertainty : valuation and decision making with focus on oil investments
Nordal, Kjell Bjørn (Doctoral thesis, 1998)