Lenos Trigeorgis

Last updated

Lenos Trigeorgis is the Bank of Cyprus Chair Professor of Finance in the School of Economics and Management, University of Cyprus. [1] He is considered a leading authority on capital budgeting and strategy, [2] having pioneered the field of real options, [3] and having authored several books on related topics.

He has taught at universities including Boston University, MIT, Columbia University, UC Berkeley, London Business School, University of Chicago, and Durham University. He has published in numerous journals, and serves on the editorial boards of several journals. He is also President of the Real Options Group (ROG), a boutique strategy consulting firm focusing on real options valuation. Every year since 1997, ROG has organized the Annual International Conference on Real Options.

Prof. Trigeorgis is the author of Real Options [4] (MIT Press, 1996) and co-authored Strategic Investment (Princeton University Press, 2004), and Competitive Strategy (MIT Press, 2012). With Michael Brennan, he edited Project Flexibility, Agency, and Competition (Oxford University Press, 1999), and, with Eduardo Schwartz, Real Options and Investment Under Uncertainty (MIT Press, 2001).

He received his D.B.A. from Harvard University in 1986.

Related Research Articles

<span class="mw-page-title-main">Robert C. Merton</span> American economist

Robert Cox Merton is an American economist, Nobel Memorial Prize in Economic Sciences laureate, and professor at the MIT Sloan School of Management, known for his pioneering contributions to continuous-time finance, especially the first continuous-time option pricing model, the Black–Scholes–Merton model. In 1997 Merton together with Myron Scholes were awarded the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for the method to determine the value of derivatives.

<span class="mw-page-title-main">Fischer Black</span> American economist (1938–1995)

Fischer Sheffey Black was an American economist, best known as one of the authors of the Black–Scholes equation.

Real options valuation, also often termed real options analysis, applies option valuation techniques to capital budgeting decisions. A real option itself, is the right—but not the obligation—to undertake certain business initiatives, such as deferring, abandoning, expanding, staging, or contracting a capital investment project. For example, real options valuation could examine the opportunity to invest in the expansion of a firm's factory and the alternative option to sell the factory.

<span class="mw-page-title-main">Tony Fadell</span> Inventor of the iPod, engineer

Anthony Michael Fadell is an American engineer, designer, entrepreneur, and investor. He was senior vice president of the iPod division at Apple Inc. and founder and former CEO of Nest Labs.

<span class="mw-page-title-main">Nassim Nicholas Taleb</span> Lebanese-American author (born 1960)

Nassim Nicholas Taleb is a Lebanese-American essayist, mathematical statistician, former option trader, risk analyst, and aphorist whose work concerns problems of randomness, probability, and uncertainty. The Sunday Times called his 2007 book The Black Swan one of the 12 most influential books since World War II.

Fixed-income arbitrage is a group of market-neutral-investment strategies that are designed to take advantage of differences in interest rates between varying fixed-income securities or contracts. Arbitrage in terms of investment strategy, involves buying securities on one market for immediate resale on another market in order to profit from a price discrepancy.

Stewart Clay Myers is the Robert C. Merton Professor of Financial Economics at the MIT Sloan School of Management. He is notable for his work on capital structure and innovations in capital budgeting and valuation, and has had a "remarkable influence" on both the theory and practice of corporate finance. Myers, in fact, coined the term "real option". He is the co-author with Richard A. Brealey and Franklin Allen of Principles of Corporate Finance, a widely used and cited business school textbook, now in its 11th edition. He is also the author of dozens of research articles.

Sanford "Sandy" Jay Grossman is an American economist and hedge fund manager specializing in quantitative finance. Grossman’s research has spanned the analysis of information in securities markets, corporate structure, property rights, and optimal dynamic risk management. He has published widely in leading economic and business journals, including American Economic Review, Journal of Econometrics, Econometrica, and Journal of Finance. His research in macroeconomics, finance, and risk management has earned numerous awards. Grossman is currently Chairman and CEO of QFS Asset Management, an affiliate of which he founded in 1988. QFS Asset Management shut down its sole remaining hedge fund in January 2014.

<span class="mw-page-title-main">Christopher A. Pissarides</span> British-Cypriot economist

Sir Christopher Antoniou Pissarides is a Cypriot economist. He is the School Professor of Economics & Political Science and Regius Professor of Economics at the London School of Economics, and Professor of European Studies at the University of Cyprus. His research focuses on topics of macroeconomics, notably labour, economic growth, and economic policy. In 2010, he was awarded the Nobel Prize in Economics, jointly with Peter A. Diamond and Dale Mortensen, "for their analysis of markets with theory of search frictions."

Constantinos C. Markides is a Cypriot management educator and, since 1990, the Robert P. Bauman Professor of Strategic Leadership at London Business School. He is known for his work on strategic disruption and business models which is particularly illustrated in his book Game Changing Strategies published in 2008. He was listed among the Forbes.com list of Most Influential Management Gurus (2009).

Michael E. Raynor is a Canadian writer, director at Deloitte Services LP, and an expert on business management practices.

George Yip is Emeritus Professor of Marketing and Strategy at Imperial College Business School, London. Former professor and Co-Director of the Centre on China Innovation at China Europe International Business School (CEIBS). Other academic positions at Harvard, Georgetown, UCLA, Cambridge, London Business School. Now living in Boston and Maine, USA, and London. Former Dean of Rotterdam School of Management, Erasmus University. His book, Total Global Strategy: Managing for Worldwide Competitive Advantage was selected as one of the 30 best business books of 1992 by Soundview Executive Book Summaries. Also, author or co-author of Pioneers, Hidden Champions, Change Makers, and Underdogs: Lessons from China's Innovators (2019), China’s Next Strategic Advantage: From Imitation to Innovation (2016), Strategic Transformation (2013), Asian Advantage: Key Strategies for Winning in the Asia-Pacific Region (1998), and Total Global Strategy. Over 10,000 citations on Google Scholar. He serves on the editorial advisory boards of California Management Review, LRP and MIT Sloan Management Review. Boards of Hewnoaks Artist Colony (Maine) and MassOpera and Board of Advisors of Boston Lyric Opera. Chair of Research Advisory Committee, SKEMA Business School, France. Former board member of IDM, Glunz AG, Arlington Capital Management and Data Instruments, Inc., former advisory board member of Sonae SGPS and American University of Cairo Business School

<span class="mw-page-title-main">Anton Muscatelli</span> Scottish economist

Sir Vito Antonio Muscatelli is the Principal of the University of Glasgow and one of the United Kingdom's top economists.

<span class="mw-page-title-main">Jørgen Randers</span> Norwegian professor of climate strategy (born 1945)

Jørgen Randers is a Norwegian academic, professor emeritus of climate strategy at the BI Norwegian Business School, and practitioner in the field of future studies. His professional field encompasses model-based futures studies, scenario analysis, system dynamics, sustainability, climate, energy and ecological economics. He is also a full member of the Club of Rome, a company director, member of various not-for-profit boards, business consultant on global sustainability matters and author. His publications include the seminal work The Limits to Growth (co-author), and Reinventing Prosperity.

<span class="mw-page-title-main">Andrew Lo</span>

Andrew Wen-Chuan Lo is the Charles E. and Susan T. Harris Professor of Finance at the MIT Sloan School of Management. Lo is the author of many academic articles in finance and financial economics. He founded AlphaSimplex Group in 1999 and served as chairman and chief investment strategist until 2018 when he transitioned to his current role as chairman emeritus and senior advisor.

Eduardo Saul Schwartz is a professor of finance at SFU's Beedie School of Business, where he holds the Ryan Beedie Chair in Finance. He is also a Distinguished Research Professor at the University of California, Los Angeles. He is known for pioneering research in several areas of finance, particularly derivatives. His major contributions include: the real options method of pricing investments under uncertainty; the Longstaff–Schwartz model - a multi-factor short-rate model; the Longstaff-Schwartz method for valuing American options by Monte Carlo Simulation; the use of Finite difference methods for option pricing.

Michael J. Brennan is emeritus professor of finance at the UCLA Anderson School of Management. Brennan co-designed the Brennan-Schwartz interest rate model and was a pioneer of real options theory. His writings on real options and asset pricing, corporate finance, derivative securities, market microstructure, the role of information in capital markets, and risk management have been published extensively.

David B. Yoffie is the Max and Doris Starr Professor of International Business Administration at Harvard Business School (HBS).

<span class="mw-page-title-main">Huw Dixon</span> British economist

Huw David Dixon, born 1958, is a British economist. He has been a professor at Cardiff Business School since 2006, having previously been Head of Economics at the University of York (2003–2006) after being a professor of economics there (1992–2003), and the University of Swansea (1991–1992), a Reader at Essex University (1987–1991) and a lecturer at Birkbeck College 1983–1987.

<span class="mw-page-title-main">Jasper Kim</span> Canadian attorney and academic

Jasper Kim is an attorney, author, media contributor, professor, and expert in international business law, negotiation strategy, and contemporary East–West issues and trends from a socio-economic and legal (interdisciplinary) perspective.

References