3.4财务金融系系列讲座之138期

时间：2014年3月4日（周二）13:30　　　　　　　

地点：史带楼303室

主持人：Dr. Yan Luo　 Department of Finance, School of Management, Fudan University　

主题：The Simple Economics of Commodity Price Speculation

演讲者：Prof. Robert Pindyck    Bank of Tokyo-Mitsubishi Ltd Professor in Finance and Economics, Professor of Applied Economics, MIT Sloan School of Management

简介：Prof. Pindyck’s most recent research focuses on economic policies related to rare disasters, such as those that would severely affect the entire U.S. or world economies. He also has continued to work on irreversible investment decisions, the role of network effects in market structure, and the behavior of commodity prices.

Prof. Pindyck is the co-author of Investment Under Uncertainty (Princeton University Press, 1994), which demonstrates that the traditional “net present value” rule for capital investment decisions can lead to wrong answers since it ignores the irreversibility of most investment decisions and the option of delaying an investment. Recently, Prof. Pindyck has extended these ideas to the timing and design of environmental policy, as well as to research and development decisions and patent valuation. His work on network effects focuses on market structure in the pharmaceutical and computer industries, while his research on commodity markets examines the random structure of long-term and short-term price evolution and the implications for hedging and investment.

Prof. Pindyck holds an SB in electrical engineering and physics, an SM in electrical engineering, and a PhD from MIT.

财务金融系

2014-2-28