Vitaly Leonidovich Okulov

• State University “Higher School of Economics” (SPb branch), Associate Professor, 2002–2008.
• Advanced Research LLP, Expert, 2006–2010.
• NW Center of Market Research, Expert, 2000–2001.
• CBonds, Expert, 2012.
• Investment company АVК, Кinex Invest, Financial analyst, 1998–2006.

Books

• Risk Management: Theory and Practice. SPbSU Publishing House, 2019
• Financial Institutions and Markets. SPbSU Publishing House, 2015.
• Introduction to the Financial Markets and Institutes. S.-Petersburg: GSOM Publishing Center, 2011 (with T. Pustovalova).
• Lectures on Selected Issues of Classical Financial Models. S.-Petersburg: GSOM Publishing Center, 2015 (with A. Bukhvalov, E. Dorofeev).

Papers in Academic Journals

• Game-theoretic modeling of market participants' behavior: case of Russian Adjustable-Rate Bonds with Puts. // Contributions to Game Theory and Management. 2020, 13, 347-359. (with Zhilina P.)
• A Real Options Model for Analysis of Industrial R&D Expenditures. // Russian Management Journal. 2018, 16, №3, 393-406. (with Bukhvalov A., Lukianova A., Nikulin E.)
• Features of the Project and Risk Premium in Investment Decision Making // Vestnik (Herald) of Saint Petersburg University. Management. 2018, 17, № 2, 147-167 (with Khafizova K.)
• Company’s Investment Decision under Uncertainty: Risk Management Approach // Vestnik (Herald) of Saint Petersburg University. Management Series. 2017, 16, №2, 191-214.
• Empirical Research of Cash Currency Buy and Sell Rates in Russia // Economic Science of Modern Russia. 2016, №2(73), 106-118. (with Savenkov P.)
• Selective hedging of corporate risks // Vestnik (Herald) of Saint Petersburg University. Management Series. 2015, №3, 3–20.
• Newsvendor Problem Experiments: Riskiness of the Decisions and Learning by Experience // International Journal of Business and Social Research. 2014, 4, 137-150 (with Archavski V., Smirnova A.)
• Analysis of the Microstructure of the Russian Stock Market: Bid-ask Spreads and Risk of Illiquid Shares // Russian Management Journal. 2012, 10, N 2, 33–50.
• The Effect of Hedging Activities on the Stock Price Performance of Russian Companies // Vestnik (Herald) of Saint Petersburg University. Management Series. 2012, №3, 3–24 (with V. Skrpiuk).
• Study of the Russian Stock Market Efficiency: The Market Reaction to the Publication of Analysts’ Forecasts // Vestnik (Herald) of Saint Petersburg University. Management Series. 2010, №3, 3–22.

Conferences

• Assessment of Investment Portfolios Based on the Ideas of Prospect Theory. GSOM Emerging Markets Conference. 2020, 401-404. (with Vlasovets A.)
• Financial Model for Evaluating Company’s Strategy in Promoting Innovation. GSOM Emerging Markets Conference. 2020, 405-408. (with Petrova V.)
• Does Dividend Return Premium Exist on Russian Stock Market? GSOM Emerging Markets Conference Business and Government Perspectives. 2014, 313-322 (with Sivkova A.)