Maria Lavrutich
About
Maria Lavrutich is an Associate Professor at the Department of Industrial Economics and Technology Management (IØT) at NTNU. She obtained her PhD in Operations Research in 2016 at Tilburg University, the Netherlands.
Her research interests lie at the intersection of industrial organization, mathematical finance and decision theory. In particular, she studies optimal dynamic decision making under uncertainty, applying stochastic control and game theory techniques. In her research, she works both with theoretical models of financial decision making as well as their applications to practical problems that arise in different industries.
Publications
2022
- Dønnestad, Eirik Magnus; Fleten, Stein-Erik; Kleiven, Andreas; Lavrutich, Maria; Teige, Amalie Marie. (2022) A real options analysis of existing green energy facilities: maintain or replace?. Energy Systems, Springer Verlag.
- Gapeev, Pavel; Kort, Peter M.; Lavrutich, Maria; Thijssen, Jacco J.J.. (2022) Optimal Double Stopping Problems for Maxima and Minima of Geometric Brownian Motions. Methodology and Computing in Applied Probability. volum 24 (2).
- Lavrutich, Maria; Hagspiel, Verena; Siddiqui, Afzal S.. (2022) Transmission investment under uncertainty: Reconciling private and public incentives. European Journal of Operational Research.
2021
- Compernolle, Tine; Huisman, Kuno J.M.; Kort, Peter M.; Lavrutich, Maria; Nunes, Cláudia; Thijssen, Jacco J.J.. (2021) Investment Decisions with Two-Factor Uncertainty. Journal of Risk and Financial Management. volum 14 (11).
- Engehagen, Sondre; Hornslien, Marius; Lavrutich, Maria; Tønnessen, Stian Rosvold. (2021) Optimal harvesting of farmed salmon during harmful algal blooms. Marine Policy. volum 129.
- Gapeev, Pavel; Kort, Peter M.; Lavrutich, Maria. (2021) Discounted optimal stopping problems for maxima of geometric Brownian motions with switching payoffs. Advances in Applied Probability. volum 53 (1).
- Haarstad, Aleksander Hyggen; Lavrutich, Maria; Strypet, Kristian; Strøm, Eivind. (2021) Multi-commodity price risk hedging in the Atlantic salmon farming industry. Journal of Commodity Markets.
- Kort, Peter; Lavrutich, Maria; Nunes, Cláudia; Oliveira, Carlos. (2021) Preventing Environmental Disasters in Investment under Uncertainty. Environmental and Resource Economics.
2020
- Hagspiel, Verena; Huisman, Kuno J.M.; Kort, Peter M.; Lavrutich, Maria; Nunes, Cláudia; Pimentel, Rita. (2020) Technology adoption in a declining market. European Journal of Operational Research. volum 285 (1).
2019
- Brakstad, Oscar Mathias; Hagspiel, Verena; Lavrutich, Maria; Matanovic, Dunja. (2019) Optimal investment decisions in lice-fighting technologies: A case study in Norway. Aquaculture. volum 504.
2018
- Finjord, Fredrik; Hagspiel, Verena; Lavrutich, Maria; Tangen, Marius. (2018) The impact of Norwegian-Swedish green certificate scheme on investment behavior: A wind energy case study. Energy Policy. volum 123.
- Hagspiel, Verena; Hannevik, Jørgen; Lavrutich, Maria; Naustdal, Magnus; Struksnæs, Henrik. (2018) Real options under technological uncertainty: A case study of investment in a post-smolt facility in Norway. Marine Policy. volum 88.
2017
- Lavrutich, Maria. (2017) Capacity choice under uncertainty in a duopoly with endogenous exit. European Journal of Operational Research. volum 258 (3).
Journal publications
- Dønnestad, Eirik Magnus; Fleten, Stein-Erik; Kleiven, Andreas; Lavrutich, Maria; Teige, Amalie Marie. (2022) A real options analysis of existing green energy facilities: maintain or replace?. Energy Systems, Springer Verlag.
- Gapeev, Pavel; Kort, Peter M.; Lavrutich, Maria; Thijssen, Jacco J.J.. (2022) Optimal Double Stopping Problems for Maxima and Minima of Geometric Brownian Motions. Methodology and Computing in Applied Probability. volum 24 (2).
- Lavrutich, Maria; Hagspiel, Verena; Siddiqui, Afzal S.. (2022) Transmission investment under uncertainty: Reconciling private and public incentives. European Journal of Operational Research.
- Compernolle, Tine; Huisman, Kuno J.M.; Kort, Peter M.; Lavrutich, Maria; Nunes, Cláudia; Thijssen, Jacco J.J.. (2021) Investment Decisions with Two-Factor Uncertainty. Journal of Risk and Financial Management. volum 14 (11).
- Engehagen, Sondre; Hornslien, Marius; Lavrutich, Maria; Tønnessen, Stian Rosvold. (2021) Optimal harvesting of farmed salmon during harmful algal blooms. Marine Policy. volum 129.
- Gapeev, Pavel; Kort, Peter M.; Lavrutich, Maria. (2021) Discounted optimal stopping problems for maxima of geometric Brownian motions with switching payoffs. Advances in Applied Probability. volum 53 (1).
- Haarstad, Aleksander Hyggen; Lavrutich, Maria; Strypet, Kristian; Strøm, Eivind. (2021) Multi-commodity price risk hedging in the Atlantic salmon farming industry. Journal of Commodity Markets.
- Kort, Peter; Lavrutich, Maria; Nunes, Cláudia; Oliveira, Carlos. (2021) Preventing Environmental Disasters in Investment under Uncertainty. Environmental and Resource Economics.
- Hagspiel, Verena; Huisman, Kuno J.M.; Kort, Peter M.; Lavrutich, Maria; Nunes, Cláudia; Pimentel, Rita. (2020) Technology adoption in a declining market. European Journal of Operational Research. volum 285 (1).
- Brakstad, Oscar Mathias; Hagspiel, Verena; Lavrutich, Maria; Matanovic, Dunja. (2019) Optimal investment decisions in lice-fighting technologies: A case study in Norway. Aquaculture. volum 504.
- Finjord, Fredrik; Hagspiel, Verena; Lavrutich, Maria; Tangen, Marius. (2018) The impact of Norwegian-Swedish green certificate scheme on investment behavior: A wind energy case study. Energy Policy. volum 123.
- Hagspiel, Verena; Hannevik, Jørgen; Lavrutich, Maria; Naustdal, Magnus; Struksnæs, Henrik. (2018) Real options under technological uncertainty: A case study of investment in a post-smolt facility in Norway. Marine Policy. volum 88.
- Lavrutich, Maria. (2017) Capacity choice under uncertainty in a duopoly with endogenous exit. European Journal of Operational Research. volum 258 (3).