Nils Christian Framstad

Associate Professor - Department of Economics
Image of Nils Christian Framstad
Norwegian version of this page
Phone +47 22855151
Mobile phone 90163893
Room ES1243
Visiting address Moltke Moes vei 31 Eilert Sundts hus blokk B 0851 OSLO
Postal address Postboks 1095 Blindern 0317 OSLO

Academic Interests

Stochastic optimization with applications (finance, resource/environmental economics).


Previously also lectured


  • Associate Professor, Department of economics, University of Oslo, 2007
  • Senior advisor, The Financial Supervisory Authority of Norway, 20022007 (and 2007)
  • Dr. scient (PhD equivalent) (applied and industrial mathematics), Department of mathematics (Research Council funded), University of Oslo, 2002


Tags: Economics, Mathematics, Money Credit and Finance, Resources Energy and Environment


View all works in Cristin

  • Framstad, Nils Christian (2018). Dynamic conservation contracts. Show summary
  • Framstad, Nils Christian (2017). Corrigendum to “Portfolio Theory for α-Symmetric and Pseudoisotropic Distributions: k-Fund Separation and the CAPM”. Journal of Probability and Statistics.  ISSN 1687-952X.  2017 . doi:
  • Framstad, Nils Christian & Harstad, Bård Gjul (2017). Conservation Contracts for Exhaustible Resources. Show summary
  • Framstad, Nils Christian (2016). Spectrally negative stable vectors, their covariations on the positive orthant, and the Capital Asset Pricing Model. Show summary
  • Framstad, Nils Christian (2015). Revisiting some results and counterexamples in stochastic portfolio optimization.
  • Framstad, Nils Christian (2014). The Effect of Small Intervention Costs on the Optimal Extraction of Dividends and Renewable Resources in a Jump-Diffusion Model. Memorandum from Department of Economics, University of Oslo. 25. Show summary
  • Framstad, Nils Christian (2014). The effect of small intervention costs on the optimal extraction of dividends or of renewable resources.
  • Framstad, Nils Christian (2013). Portfolio theory for a class of non-symmetric heavy-tailed distributions, and applicability to insurance.
  • Framstad, Nils Christian (2011). Some cases of Ross-type portfolio separation – α-stable, α-symmetric and pseudo-isotropic distributions, with generalizations.
  • Framstad, Nils Christian; Øksendal, Bernt & Sulem, Agnès (2005). Errata corrige: "Sufficient stochastic maximum principle for the optimal control of jump diffusions and applications to finance". Journal of Optimization Theory and Applications.  ISSN 0022-3239.  124(2), s 511- 512 . doi: 10.1007/s10957-004-0949-6
  • Framstad, Nils Christian; Øksendal, Bernt & Sulem, Agnès (2001). A Sufficient Stochastic Maximum Principle for Optimal Control of Jump Diffusions and Applications to Finance. Show summary
  • Framstad, Nils Christian; Øksendal, Bernt & Sulem, Agnès (1999). Optimal Consumption and Portfolio in a Jump Diffusion Market. Show summary
  • Framstad, Nils Christian; Øksendal, Bernt & Sulem, Agnès (1999). Optimal Consumption and Portfolio in a Jump Diffusion Market with proportional transaction costs.

View all works in Cristin

Published Oct. 1, 2010 5:06 PM - Last modified Nov. 26, 2019 7:16 PM