• Cost estimates and investment decisions 

      Emhjellen, Kjetil; Emhjellen, Magne; Osmundsen, Petter (Report, Research report, 2001-08)
      When evaluating new investment projects, oil companies traditionally use the discounted cashflow method. This method requires expected cashflows in the numerator and a risk adjusted required rate of return in the denominator ...
    • European market integration for gas? : volume flexibility and political risk 

      Asche, Frank; Osmundsen, Petter; Tveterås, Ragnar (Report, Research report, 2000-06)
      Is the European gas market integrated? Are there substantial price differences between gas from different export countries? Time series of Norwegian, Dutch and Russian gas export prices to Germany in 1990-1998 are examined. ...
    • Market integration for natural gas in Europe 

      Asche, Frank; Osmundsen, Petter; Tveterås, Ragnar (Report, Research report, 2000-09)
      In this paper we examine the degree of market integration in French gas imports. Are there substantial price differences between gas from different export countries, and do prices move together? Furthermore, we analyze to ...
    • Sharing of endogenous risk in construction 

      Olsen, Trond E.; Osmundsen, Petter (Report, Research report, 2000-10)
      Large and complex construction projects are often very risky; the total completion costs may be influenced by a range of unforeseen factors. The risk can be reduced, however, by careful planning ad specification of the ...
    • Transnasjonale selskapers investeringsallokering : fokus på finansielt volum 

      Osmundsen, Petter; Emhjellen, Magne; Halleraker, Morten (Rapport, Research report, 2000-10)
      Er det slik at et selskap er indifferent mellom små og store prosjekter? Vil man for eksempel være indifferent mellom 10 store og 100 små prosjekter dersom den samlede nåverdien etter skatt - slik den vurderes i den enkelte ...
    • Verdsetting av oljeselskaper : implikasjoner for selskapsatferd 

      Osmundsen, Petter (Rapport, Research report, 2002-06)
      Rapporten går igjennom styringssignaler som aksjemarkedet gir til børsnoterte selskaper, og relaterer dette til agentteori. Oljeselskaper benyttes som case. Markedet responderer på finansielle signaler fra selskapene. ...