Denis M. Becker
About
Denis Becker has joined the NTNU Business School at the Norwegian University of Science and Technology (NTNU) in 2011 (back then the Business school was part of the Sør-Trøndelag University College). His main research interests are in decision-making under uncertainty, corporate finance, firm valuation, as well as the application of reinforcement learning to economic and financial applications.
Denis Becker obtained his Masters degree in Business Administration from the Chemnitz University of Technology (TUC), Germany. Afterwards, he has worked five years as lecturer at this university. In addition, he has taught at several other institutions like the University of Applied Science Breitenbrunn or the University of Applied Science Glauchau (Germany).
In 2006, Denis Becker joined the department of Industrial Economics and Technology Management at NTNU for his doctoral studies, where he obtained his PhD in Business Management and Operations Research.
Competencies
Publications
2025
-
Becker, Denis Mike.
(2025)
Behavior of discount rates in present value calculation.
International Journal of Financial Engineering (IJFE)
Academic article
-
Agakishiev, Ilyas;
Härdle, Wolfgang Karl;
Becker, Denis Mike;
Zuo, Xiaorui.
(2025)
Regime switching forecasting for cryptocurrencies.
Digital Finance
Academic article
-
Agakishiev, Ilyas;
Härdle, Wolfgang Karl;
Becker, Denis Mike;
Zuo, Xiaorui.
(2025)
Correction to: Regime switching forecasting for cryptocurrencies (Digital Finance, (2025), 10.1007/s42521-024-00123-2).
Digital Finance
Corrigendum
2024
-
Becker, Denis Mike.
(2024)
Consistent DCF Methods for Constant-Growth Annuities à la Modigliani & Miller or Miles & Ezzell.
Journal of Business Valuation and Economic Loss Analysis
Academic article
2023
-
Olsen, Tommy Ole;
Becker, Denis Mike.
(2023)
Generation of quantifiable knowledge about delouse treatments of salmon – The case of Hydrolicer®/Hydroflow treatments.
Aquaculture Reports
Academic article
2022
-
Becker, Denis Mike;
Solberg, Harry Arne;
Heyerdahl, Gaute.
(2022)
The financial challenges of hosting sports events: a problem of insufficient separation between decision-making and decision-control.
European Sport Management Quarterly
Academic article
-
Becker, Denis Mike.
(2022)
Getting the valuation formulas right when it comes to annuities.
Managerial Finance
Academic article
2021
-
Solberg, Harry Arne;
Becker, Denis Mike;
Denstadli, Jon Martin;
Heldal, Frode;
Knardal, Per Ståle;
Thøring, Thor Atle.
(2021)
Why are major sports events trapped in the winner's curse? A case study of the 2017 World Road Cycling Championship.
Sport, Business and Management
Academic article
-
Becker, Mike Denis.
(2021)
The difference between Modigliani–Miller and Miles–Ezzell and its consequences for the valuation of annuities.
Cogent Economics & Finance
Academic article
-
Li, Wei;
Becker, Denis Mike.
(2021)
Day-ahead electricity price prediction applying hybrid models of LSTM-based deep learning methods and feature selection algorithms under consideration of market coupling.
Energy
Academic article
2020
-
Becker, Mike Denis.
(2020)
The translation between the required return on unlevered and levered equity for explicit cash flows and fixed debt financing.
Managerial Finance
Academic article
2018
-
Solberg, Harry Arne;
Becker, Denis;
Denstadli, Jon Martin;
Heldal, Frode;
Knardal, Per Ståle;
Thøring, Thor Atle.
(2018)
Sykkel-VM 2017. Fra folkefest til økonomisk bakrus.
NTNU: Center for Sport and Culture Management Research
Research report
-
Becker, Denis;
Gaivoronski, Alexei A.;
Nesse, Per Jonny.
(2018)
Optimization-based profitability management tool for cloud broker.
Transactions on Emerging Telecommunications Technologies
Academic article
2017
-
Becker, Denis;
Gaivoronski, Alexei A..
(2017)
Optimisation approach to target costing under uncertainty with application to ICT-service.
International Journal of Production Research
Academic article
-
Berg, Terje;
Becker, Denis.
(2017)
The never-ending cost allocation puzzle – Treatment of Uncertainty and Risk.
Cost Management
Academic article
-
Becker, Denis;
Berg, Terje.
(2017)
Kostnadsfordeling under usikkerhet og risiko eksemplifisert med aktivitetsbasert kalkulasjon.
Academic chapter
-
Becker, Denis.
(2017)
Giret egenkapitalavkastningskrav for kontantstrømmer med begrenset levetid og gitt gjeldsfinansiering.
Academic chapter
2015
-
Gonzalez, Andres J.;
Helvik, Bjarne Emil;
Tiwari, Prakriti;
Becker, Denis;
Wittner, Otto J..
(2015)
GEARSHIFT: Guaranteeing availability requirements in SLAs using hybrid fault tolerance.
Academic chapter
2013
-
Becker, Denis;
Gaivoronski, Alexei A..
(2013)
Stochastic optimization on social networks with application to service pricing.
Computational Management Science
Academic article
2011
-
Gaivoronski, Alexei A.;
Becker, Mike Denis.
(2011)
Differentiated Service Pricing on Social Networks Using Stochastic Optimization.
Academic chapter
2008
-
Gaivoronski, Alexei A.;
Becker, Mike Denis.
(2008)
Quantitative Networks Analysis and Modeling of Networked Multiagent Environment.
Telektronikk
Professional article
Journal publications
-
Becker, Denis Mike.
(2025)
Behavior of discount rates in present value calculation.
International Journal of Financial Engineering (IJFE)
Academic article
-
Becker, Denis Mike;
Solberg, Harry Arne;
Heyerdahl, Gaute.
(2022)
The financial challenges of hosting sports events: a problem of insufficient separation between decision-making and decision-control.
European Sport Management Quarterly
Academic article
-
Agakishiev, Ilyas;
Härdle, Wolfgang Karl;
Becker, Denis Mike;
Zuo, Xiaorui.
(2025)
Regime switching forecasting for cryptocurrencies.
Digital Finance
Academic article
-
Becker, Denis;
Gaivoronski, Alexei A..
(2013)
Stochastic optimization on social networks with application to service pricing.
Computational Management Science
Academic article
-
Becker, Denis;
Gaivoronski, Alexei A..
(2017)
Optimisation approach to target costing under uncertainty with application to ICT-service.
International Journal of Production Research
Academic article
-
Becker, Denis Mike.
(2022)
Getting the valuation formulas right when it comes to annuities.
Managerial Finance
Academic article
-
Berg, Terje;
Becker, Denis.
(2017)
The never-ending cost allocation puzzle – Treatment of Uncertainty and Risk.
Cost Management
Academic article
-
Solberg, Harry Arne;
Becker, Denis Mike;
Denstadli, Jon Martin;
Heldal, Frode;
Knardal, Per Ståle;
Thøring, Thor Atle.
(2021)
Why are major sports events trapped in the winner's curse? A case study of the 2017 World Road Cycling Championship.
Sport, Business and Management
Academic article
-
Becker, Mike Denis.
(2020)
The translation between the required return on unlevered and levered equity for explicit cash flows and fixed debt financing.
Managerial Finance
Academic article
-
Becker, Denis;
Gaivoronski, Alexei A.;
Nesse, Per Jonny.
(2018)
Optimization-based profitability management tool for cloud broker.
Transactions on Emerging Telecommunications Technologies
Academic article
-
Olsen, Tommy Ole;
Becker, Denis Mike.
(2023)
Generation of quantifiable knowledge about delouse treatments of salmon – The case of Hydrolicer®/Hydroflow treatments.
Aquaculture Reports
Academic article
-
Becker, Denis Mike.
(2024)
Consistent DCF Methods for Constant-Growth Annuities à la Modigliani & Miller or Miles & Ezzell.
Journal of Business Valuation and Economic Loss Analysis
Academic article
-
Becker, Mike Denis.
(2021)
The difference between Modigliani–Miller and Miles–Ezzell and its consequences for the valuation of annuities.
Cogent Economics & Finance
Academic article
-
Gaivoronski, Alexei A.;
Becker, Mike Denis.
(2008)
Quantitative Networks Analysis and Modeling of Networked Multiagent Environment.
Telektronikk
Professional article
-
Agakishiev, Ilyas;
Härdle, Wolfgang Karl;
Becker, Denis Mike;
Zuo, Xiaorui.
(2025)
Correction to: Regime switching forecasting for cryptocurrencies (Digital Finance, (2025), 10.1007/s42521-024-00123-2).
Digital Finance
Corrigendum
-
Li, Wei;
Becker, Denis Mike.
(2021)
Day-ahead electricity price prediction applying hybrid models of LSTM-based deep learning methods and feature selection algorithms under consideration of market coupling.
Energy
Academic article
Part of book/report
-
Becker, Denis;
Berg, Terje.
(2017)
Kostnadsfordeling under usikkerhet og risiko eksemplifisert med aktivitetsbasert kalkulasjon.
Academic chapter
-
Becker, Denis.
(2017)
Giret egenkapitalavkastningskrav for kontantstrømmer med begrenset levetid og gitt gjeldsfinansiering.
Academic chapter
-
Gaivoronski, Alexei A.;
Becker, Mike Denis.
(2011)
Differentiated Service Pricing on Social Networks Using Stochastic Optimization.
Academic chapter
-
Gonzalez, Andres J.;
Helvik, Bjarne Emil;
Tiwari, Prakriti;
Becker, Denis;
Wittner, Otto J..
(2015)
GEARSHIFT: Guaranteeing availability requirements in SLAs using hybrid fault tolerance.
Academic chapter
Report
-
Solberg, Harry Arne;
Becker, Denis;
Denstadli, Jon Martin;
Heldal, Frode;
Knardal, Per Ståle;
Thøring, Thor Atle.
(2018)
Sykkel-VM 2017. Fra folkefest til økonomisk bakrus.
NTNU: Center for Sport and Culture Management Research
Research report
Teaching
Courses
Outreach
2025
-
Other presentationKringstad, Morten; Olsen, Tor-Eirik; Becker, Denis Mike. (2025) Ski-VM 2025 i Trondheim. Budsjettstyring - Økonomistyring, Granåsenanlegget - Ski-VM selskapet. Workshop-serie om Ski-VM 2025 - September 2025
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Other presentationKringstad, Morten; Olsen, Tor-Eirik; Becker, Denis Mike. (2025) Ski-VM 2025 i Trondheim. Budsjettstyring - Økonomistyring, Idrettsanlegg - Arrangementselskap. Workshop-serie om Ski-VM 2025 - November 2025
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LectureBecker, Denis Mike. (2025) Portfolio Optimization Models and their Implementation with SKFOLIO. Summer School "Data Science for Sustainable Finance and Economics”
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Lecture
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Conference lectureKringstad, Morten; Olsen, Tor-Eirik; Becker, Denis Mike; Heldal, Frode; Knardal, Per Ståle. (2025) Ski-VM – sportslig suksess, økonomisk nedtur!. NTNU Idrett forskningskonferanse 2025
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Conference lectureKringstad, Morten; Olsen, Tor-Eirik; Becker, Denis Mike. (2025) Budgeting for the ski world cup championship in Trondheim 2025: challenges and practices. NTNU Business School Conference 2025
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LectureBecker, Denis Mike; Solberg, Harry Arne. (2025) Hvorfor blir de store idrettsarrangementene dyrere enn planlagt?. Forum for økonomibibliotekarer (FBØ)
2024
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LectureBecker, Denis Mike; Solberg, Harry Arne. (2024) Hvorfor blir de store idrettsarrangementene dyrere enn planlagt? Men er de likevel verdt pengene?. Kost og nytte på økonomibiblioteket
2023
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Conference lectureBecker, Denis Mike. (2023) Can Limit-Order-Book Information Enhance Cryptocurrency Trading with Deep Reinforcement Learning. Finance & Business Analytics Conference
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Conference lectureBecker, Denis Mike. (2023) The Performance of Out‐of‐the‐Box Reinforcement Learning Algorithms on Financial Time Series. NTNU Business School Conference
2022
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Conference lectureBecker, Denis Mike; Solberg, Harry Arne. (2022) The financial challenges of hosting sports events. Why does history repeat itself?. 13. IBZ Symposium
2019
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Conference lectureBecker, Mike Denis; Solberg, Harry Arne; Heyerdahl, Gaute. (2019) The Economic Challenges of Hosting Major Sports Events Why the problematic history repeats itself?. 27th EUROPEAN SPORT MANAGEMENT CONFERENCE
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Conference lectureBecker, Mike Denis; Solberg, Harry Arne; Heyerdahl, Gaute. (2019) The Economic Challenges of Hosting Major Sports Events: Why the problematic history repeats itself?. 12th EIASM WORKSHOP ON THE CHALLENGES OF MANAGING THE THIRD SECTOR
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Conference lectureBecker, Mike Denis. (2019) Understanding the Difference between Cash Flows in the Modigliani-Miller Model and the Miles-Ezzel Model. NTNU Business School Conference 2019
2016
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Conference lectureBecker, Denis; Gaivoronski, Alexei A.; Nesse, Per Jonny. (2016) Service Portfolio Optimization of Cloud Broker. Workshop and PhD Seminar in Management Accounting and Control
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Conference lectureBecker, Denis; Gaivoronski, Alexei A.; Nesse, Per Jonny. (2016) Activity Based Service Portfolio Optimization of Cloud Broker. ICSP 2016: XIV International Conference on Stochastic Programming
2015
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Conference lectureBerg, Terje; Becker, Denis. (2015) Cost-Based Pricing by Means of Cost Allocation under Uncertainty and Risk. 12th Annual Conference for Management Accounting Research