• Gas storage valuation : price modelling v. optimization methods 

      Bjerksund, Petter; Stensland, Gunnar; Vagstad, Frank (Discussion paper, Working paper, 2008-10)
      The existence of a financial gas market motivates the analysis of gas storage as a separate asset, using the market value context for utilization and valuation. In the recent literature, gas storage is typically analysed ...
    • The Nash bargaining solution vs. equilibrium in a reinsurance syndicate 

      Aase, Knut K. (Discussion paper, Working paper, 2008-05)
      We compare the Nash bargaining solution in a reinsurance syndicate to the competitive equilibrium allocation, focusing on uncertainty and risk aversion. Restricting attention to proportional reinsurance treaties, we find ...