Topics in recent years include interest rate models, asset allocation issues, evaluating natural resource investments, pricing Internet companies, the stochastic behaviour of commodity prices, valuing patent-protected R&D projects and optimal carbon abatement strategies.
He has published more than 100 articles in finance and economics journals[3] and with Lenos Trigeorgis is an author of Real Options and Investment Under Uncertainty.
He is the winner of a number of awards for both teaching excellence and for the quality of his published work.
He was awarded a Doctor Honoris Causa by the University of Alicante in Spain, by the Copenhagen Business School in Denmark, and by the Comillas Pontifical University in Spain, as well as a Catedra de Excelencia by the Universidad Carlos III in Madrid.
(1973) and Ph.D. (1975; supervisor: Michael Brennan) both in business administration from the University of British Columbia.