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Reidar B. Bratvold

Professor of Petroleum Investment and
Decision Analysis Ph.D. Stanford University, 1989

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Making Good Decisions

Decision making and uncertainty in the exploration and production industry.
How to make good decisions. Quantifying uncertainty. Monte Carlo simulation.
Structuring and solving decision problems. Creating value from uncertainty.

Reidar B. Bratvold

Professor of Petroleum Investment and
Decision Analysis Ph.D. Stanford University, 1989

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Making Good Decisions

Decision making and uncertainty in the exploration and production industry. How to make good decisions. Quantifying uncertainty. Monte Carlo simulation. Structuring and solving decision problems. Creating value from uncertainty.

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Expertise

Decision Analysis, Value-of-Information Analysis, Real OptionValuation, Portfolio Analysis, Behavioral Issues in Decision Making, Bayesian Decision Networks, Economic Evaluation

Teaching/Research Interest

Decision Analysis, Representing and Solving Decision Problems in the Upstream Oil & Gas Industry, Real Option Valuation, Petroleum Resource Management, Portfolio Analysis, Behavioral Issues in Decision Making, Geostatistics, Probability and Statistics.


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