Browsing NTNU Open by Author "Støre, Kristian"
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Capacity optimization of an innovating firm
Hagspiel, Verena; Kort, Peter M.; Nunes, Clàudia; Pimentel, Rita; Støre, Kristian (Peer reviewed; Journal article, 2021)This article considers an incumbent's product innovation decision within an uncertain framework, where the firm decides whether to continue selling the established product. The model being dynamic allows to analyze the ... -
Switching from Oil to Gas Production in a Depleting Field
Støre, Kristian; Fleten, Stein-Erik; Hagspiel, Verena; Nunes, Cláudia (Journal article; Peer reviewed, 2018)We derive an optimal decision rule with regards to making an irreversible switch from oil to gas production. The approach can be used by petroleum field operators to maximize the value creation from a petroleum field with ...