Snorre Lindset

Associate Professor of Finance

Trondheim Business School

• 01.2006-present: Associate Professor Trondheim Business School and Adjunct Associate Professor Norwegian University of Science and Technology
• 01.2003-01.2006: Post.doc Norwegian University of Science and Technology
• 09.1997-01.2003: Research Scholar Norwegian School of Economics and Business Administration
• 02.1999-08.1999: Research Assistant Bodø Graduate School
• 07.1996-08.1997: Senior Auditor Oil Taxation Office

• Visiting Scholar at the Insurance and Risk Management Department at the Wharton School, University of Pennsylvania (01.2005-01.2006)
• Visiting Scholar at the University of Bonn (01.2004-04.2004)
• Visiting Research Scholar at the Department of Finance, University of Illinois at Urbana-Champaign (08.2001-07.2002)

"Discontinuous Hedging Strategies for Multi-period Guarantees in Life Insurance", Journal of Risk Finance (2003), Vol. 5, 1, 51-63.

"Asset-Liability Management when there are Heterogeneous Guarantee Levels", Beta, Scandinavian Journal of Business Research (2003), Vol. 17, 2, 1-6.

"Relative Guarantees", The Geneva Papers on Risk and Insurance Theory (2004), Vol. 29, 2, 187-209.

"Valuing the Flexibility of Currency Choice in Multinational Trade with Stochastic Exchange Rates", Journal of Multinational Financial Management (2005), Vol. 15, 2, 137-153.

"Garantibonus III: Et bankinnskudd med "aksjeavkastning"", Praktisk Økonomi og Finans (2005), No. 1, 101-110 (with Marthe Lie and Arne-Christian Lund).

"Is there a Need for an Industry Standard for Capital Guaranteed Products?", The Journal of Wealth Management (2005), Summer, 63-72 (with Marthe Lie and Arne-Christian Lund).

"A Generalization of the Formulas for Options on the Maximum or the Minimum of Several Assets", The European Journal of Finance (2006), Vol. 12, 8, 717-730. 

"Defined Contribution Based Pension Plans", Annals of Actuarial Science (2006), Vol. 1, 1, 129-164. 

"Pricing of Multi-Period Rate of Return Guarantees: The Monte Carlo Approach", Insurance: Mathematics and Economics (2006), Vol. 39, 1, 135-149 (with Henrik Bakken and Lars H. Olson).

"A Note on a Barrier Exchange Option: The World's Simplest Option Formula?" Finance Research Letters (2006), Vol 3, 3, 207-211 (with Svein-Arne Persson).

"Pricing American Exchange Options in a Jump-diffusion Model" The Journal of Futures Markets (2007), Vol. 27, 3, 257-273.

"A Monte Carlo Approach for the American Put under Stochastic Interest Rates" Journal of Economic Dynamics and Control (2007), Vol 31, 4, 1081-1105 (with Arne-Christian Lund).

"Optimal Hedging Strategies for Multi-period Guarantees in the Presence of Transaction Costs: A Stochastic Programming Approach" Accepted for publication in the European Journal of Operations Research (with Stein-Erik Fleten).

“A Technique for Reducing Discretization Bias from Monte Carlo Simulations: Option Pricing under Stochastic Interest Rates”, Accepted for publication in the European Journal of Finance (with Arne-Christian Lund).

"Fast Estimation of American Bond Option Prices", Accepted for publication in Wilmott Magazine (with Arne-Christian Lund).

"Compound Contingent Claims"

"Why Jumps are Important with Continuous Monitoring: The Case of Guaranty Funds" (with Svein-Arne Persson).

"Instantaneous Caps and Floors on the Short-rate"

"Pre-funding of Guaranty Funds in Life Insurance"

"Hedge Fund Return Statistics 1994-2005" (with Stein Frydenberg and Sjur Westgaard).

I have refereed for the Journal of International Financial Markets, Institutions & Money, Quantitative Finance, and the Journal of Futures Markets.