Skip to main content
Real Options Conference 2023

Full Program

If you would like to create a personalized program, check the boxes next to the sessions you would like to attend, then click the Create My Program button at the bottom of the page. You may then save or print your personalized program through your browser.


Wednesday, 19 July 2023
7:45am-8:30am
8:30am-5:00pm
(Lecture Room 454)Session Chair: Lenos Trigeorgis, Durham University, UK

Workshop on Environmental Policy Options, Day 1

Thursday, 20 July 2023
9:00am-6:15pm
(Lecture Room 454)Session Chair: Laura Marsiliani, Durham University, UK

Workshop on Environmental Policy Options: Day 2

Friday, 21 July 2023
8:15am-9:00am
9:00am-10:15am
Track I Room 454Track II Room 403
Session Chair: Babak Jafarizadeh, UC Berkeley, USAEmission Reduction Or Monetary Gain? Economic Decision Analysis For Energy Transition ProjectsBabak Jafarizadeh, United StatesDiscussant: Ibrahim Kadafur, Heriot Watt UniversityOptimal Decision Making In Energy MarketsFrank Heinz, RWTH Aachen University, Germany; Madlener Reinhard, Chair of Energy Economics and Management, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University, GermanyDiscussant: Babak JafarizadehThe Two Factor Process For Forecasting Carbon PricesIbrahim Kadafur, Heriot Watt University, United KingdomDiscussant: Madlener Reinhard, Chair of Energy Economics and Management, Institute for Future Energy Consumer Needs and Behavior, RWTH Aachen University Session Chair: Yuri Lawryshyn, University of Toronto, CanadaEu States Bioeconomies and Sustainable DevelopmentMaximilian Kardung, Wageningen University, Netherlands; Kutay Cingiz, Wageningen University, Netherlands; Justus Wesseler, Wageningen University, NetherlandsDiscussant: Xinlun Song, King's College LondonReal Options Awareness and Its AntecedentsXinlun Song, King's College London, United KingdomDiscussant: Maximilian Kardung, Wageningen University
10:45am-12:00pm
Track I Room 454Track II Room 403
Session Chair: Arkadiy Sakhartov, Gies College of Business, University of Illinois at Urbana-ChampaignReal Options With Value of Information: A Case In Oil and Gas ExplorationLucas Mesz, Petrobras, Brazil; Marco Antonio Guimarães Dias, Puc-Rio, Brazil; Carlos de Lamare Bastian-Pinto , Puc-Rio, BrazilDiscussant: Arkadiy Sakhartov, Gies College of Business, University of Illinois at Urbana-ChampaignTo Convert Or To Continue? A Real Option Analysis of Injecting Co2 In A Mature Gas ReservoirMohadeseh Motie, United Kingdom; Babak Jafarizadeh, United KingdomDiscussant: Lucas Mesz, PetrobrasResource Idling and Resource Redeployment: Theory and Empirical Test In Oil WellsToby Li, Mays Business School, Texas A&M University, United States; Jeffrey Reuer, Leeds School of Business, University of Colorado Boulder, United States; Arkadiy Sakhartov, Gies College of Business, University of Illinois at Urbana-ChampaignDiscussant: Mohadeseh Motie Session Chair: Luiz Brandão, University of Texas at Austin, USA Valuation of Risk Mitigation In Industrial Process SafetyCarlos Bastian-Pinto, IAG Business School, Pontifícia Universidade Católica of Rio de Janeiro, Brazil; Leonardo Gomes, IAG Business School, Pontifícia Universidade Católica of Rio de Janeiro, Brazil; Brandão Luiz, IAG Business School, Pontifícia Universidade Católica of Rio de Janeiro, BrazilDiscussant: Dean Paxson, Alliance Manchester Business SchoolSafeguarding Infrastructure Projects Against Disruptive Events With Term Extension ClauseAlessio Stanganello, Politecnico di Bari, Italy; Carlos Bastian-Pinto, PUC-Rio | IAG Business School, Brazil; Roberta Pellegrino, Politecnico di Bari, Italy; Luiz Brandão, The University of Texas at Austin | McCombs School of Business, United States; Naielly Marques, PUC-Rio | IAG Business School, BrazilDiscussant: Maximilian Kardung, Wageningen UniversityEu Novel Food Regulation and Firm Investment DecisionsAlessandro Varacca, Università Cattolica del Sacro Cuore, Italy; Beatrice Cortesi, Wageningen University, Netherlands; Maximilian Kardung, Wageningen University, Netherlands; Claudio Soregaroli, Università Cattolica del Sacro Cuore, Italy; Justus Wesseler, Wageningen University, NetherlandsDiscussant: Carlos Bastian-Pinto, IAG Business School, Pontifícia Universidade Católica of Rio de Janeiro
2:00pm-3:15pm
Track I Room 454Track II Room 403
Session Chair: Stein-Erik Fleten, Norwegian University of Science and Technology, NorwayValuation of A Green & Yellow Hydrogen Plant In BrazilLeonardo Gomes, PUC-Rio, Brazil; Carlos Bastian-Pinto, PUC-Rio, BrazilDiscussant: Stein-Erik Fleten, Norwegian University of Science and TechnologyUncertain Electricity Use From Renewables and The Flexible Use of Green HydrogenSidnei Oliveira-Cardoso, IAG Business School, Pontificia Universidade Catolica do Rio de Janeiro, Brazil; Florian Pradelle, Departamento de Engenharia Mecanica (DEM), Pontificia Universidade Catolica do Rio de Janeiro, Brazil; Luiz Eduardo Brandao, IAG Business School, Pontificia Universidade Catolica do Rio de Janeiro, Brazil; Carlos de Lamare Bastian-Pinto, IAG Business School, Pontificia Universidade Catolica do Rio de Janeiro, BrazilDiscussant: Sidnei Oliveira-Cardoso, IAG Business School, Pontificia Universidade Catolica do Rio de JaneiroPlanning For Hydropower Plant Upgrades and Reinforcement LearningAndreas Kleiven, Norwegian University of Science and Technology, Norway; Selvaprabu Nadarajah, University of Illinois at Chicago, United States; Stein-Erik Fleten, Norwegian University of Science and Technology, NorwayDiscussant: Luiz Eduardo Brandao, IAG Business School, Pontificia Universidade Catolica do Rio de Janeiro Session Chair: Alcino Azevedo, Aston Business SchoolAlternative Green Bond DesignsNiklas Dahlen, HHL Leipzig Graduate School of Management, Germany; Maximilian Schreiter, HHL Leipzig Graduate School of Management, Germany; Rieke Fehrenkötter, HHL Leipzig Graduate School of Management, GermanyDiscussant: Alcino Azevedo, Aston Business SchoolThe Use of Tax Havens As A Real OptionAlcino Azevedo, Aston Business School, United Kingdom; Nigel Driffield, Warwick Business School, United Kingdom; Chris Jones, Aston Business School, United Kingdom; Izidin El Kalak, Cardiff Business School, United KingdomDiscussant: Niklas Dahlen, HHL Leipzig Graduate School of Management
3:45pm-5:00pm
Track I Room 454Track II Room 403
Session Chair: Elizabeth Whalley, Warwick University, UKValue Share Appropriation and Payment Structure In Biotechnology Licensing DealsLenos Trigeorgis, Durham Business School, United Kingdom; Francesco Baldi, University of Turin and LUISS Guido Carli University, Italy; Raffaele Oriani, LUISS Guido Carli University, ItalyDiscussant: Yuri Lawryshyn, University of TorontoInvestment In Biosecurity With Spillover Effects Among RivalsElizabeth Whalley, University of Warwick, United KingdomDiscussant: Francesco Baldi, University of Turin and LUISS Guido Carli UniversityReinforcement Learning In Multi-Factor Real Options ModellingYuri Lawryshyn, University of Toronto, CanadaDiscussant: A Elizabeth Whalley, University of Warwick Session Chair: Dean Paxson, University of Manchester, UKReal Option Games Between RivalsDean Paxson, University of Manchester, United Kingdom; Roger Adkins, University of Bradford, United Kingdom; Alcino Azevedo, University of Aston, United KingdomDiscussant: Azzurra Morreale, LUT Business SchoolInteractions Between Capital Structure and Merger DecisionsArtur Rodrigues, PortugalDiscussant: Roger AdkinsExperimental Evidence of Inequality Aversion In Real Options GamesAzzurra Morreale, LUT Business School, Finland; Luigi Mittone, University of Trento, Department of Economics and Management, Italy; Mostafa Goudarzi, University of Trento, Department of Economics and Management, Italy; Flavio Bazzana, University of Trento, Department of Economics and Management, ItalyDiscussant: Artur Rodrigues
Saturday, 22 July 2023
9:00am-10:15am
Track I Room 454Track II Room 403
Session Chair: Nick Huberts, University of York, UKOptimal Investment Decisions With Minimum Price GuaranteesJosé Carlos Dias, Iscte - Instituto Universitário de Lisboa and Business Research Unit (BRU-IUL), Portugal; João Pedro Nunes, Iscte - Instituto Universitário de Lisboa and Business Research Unit (BRU-IUL), Portugal; João Pedro Ruas, Iscte - Instituto Universitário de Lisboa and Business Research Unit (BRU-IUL), Portugal; Fernando Correia Silva, Iscte - Instituto Universitário de Lisboa, PortugalDiscussant: Nick Huberts, University of YorkInvesting In R&d For Smart Products, Option To Update and Safety RegulationNick Huberts, University of York, United Kingdom; Herbert Dawid, Bielefeld University, Germany; Peter Kort, Tilburg University, NetherlandsDiscussant: Nicos Koussis, Frederick UniversityRefinancing and Mean Reversion In EarningsElettra Agliardi, University of Bologna, Italy; Marios Charalambides, Frederick University, Cyprus; Md Shahedur R. Chowdhury, Arkansas Tech University, United States; Nicos Koussis, Frederick University, CyprusDiscussant: José Carlos Dias, Iscte - Instituto Universitário de Lisboa and Business Research Unit (BRU-IUL) Session Chair: Benoit Chevalier-Roignant, EMLYON Business School, FranceRival Strategic Options In A Market Sharing DuopolyRoger Adkins, United Kingdom; Alcino Azevedo, Aston Business School, United Kingdom; Dean Paxson, Alliance Manchester Business School, United KingdomDiscussant: Richard Ruble, emlyon business schoolStrategic Investment and Subsidies In An Asymmetric DuopolyLuciana Barbosaa, Iscte - Instituto Universitário de Lisboa, Portugal; Artur Rodrigues, University of Minho, Portugal; Alberto Sardinha, Instituto Superior Técnico, Universidade de Lisboa, PortugalDiscussant: Dean Paxson, University of ManchesterOligopoly Pricing With Information and Search FrictionsBenoit Chevalier-Roignant, emlyon business school, France; Richard Ruble, emlyon business school, FranceDiscussant: Artur Rodrigues
10:45am-12:00pm
Track I Room 454Track II Room 403
Session Chair: Grzegorz Pawlina, Lancaster University, UKThe Dynamics of Stock RepurchasesGrzegorz Pawlina, Lancaster University, United Kingdom; Zexi (jesse) Wang, Lancaster University, United KingdomDiscussant: Takashi Shibata, Tokyo Metropolitan UniversityDual Ownership, Capital Structure and InvestmentPaulo Pereira, University of Porto, Portugal; Artur Rodrigues, University of Minho, PortugalDiscussant: Grzegorz Pawlina, Lancaster UniversityInvestment Timing and Debt-Equity FinancingTakashi Shibata, Tokyo Metropolitan University, Japan; Michi Nishihara, Osaka University, JapanDiscussant: Paulo Pereira, University of Porto Session Chair: Motoh Tsujimura, Doshisha University, JapanOperational Flexibility To Expand Or Contract Capacity Investment Under Model UncertaintyJunichi Imai, Keio University, Japan; Motoh Tsujimura, Doshisha University, JapanDiscussant: Benoit Chevalier-Roignant, emlyon business schoolThe Impact of Ambiguity Over Clinical Status As Predictor of Healthcare Treatment OutcomesLaura Delaney, Kings College London, United KingdomDiscussant: Motoh Tsujimura, Doshisha UniversityReal Options Under Ambiguity With Rare EventsBenoit Chevalier-Roignant, emlyon business school, France; Lenos Trigeorgis, Durham, United Kingdom; Andrianos Tsekrekos, Athens University of Economics and Business, Greece; Thanasis Yannacopoulos, Athens University of Economics and Business, GreeceDiscussant: Laura Delaney, Kings College London

 


Powered by OpenConf®
Copyright ©2002-2022 Zakon Group LLC