Hamed Ghoddusi

Dr Ghoddusi is an applied theorist and structural modeller with research interests in resource, energy, and commodity markets, urban and real estate, platform markets, and risk management. The main research focus is on elaborating the effect of uncertainty in dynamic environments on agents’ investment, risk management, and valuation decisions. He has published 16 peer-review journal articles (the majority in the A+ journals of the ABDC ranking) and is working on multiple under review and working papers.

Dr Ghoddusi has received his PhD from Vienna Graduate School of Finance (VGSF). He also holds two graduate degrees in Quantitative Economics (Institute for Advanced Studies) and Management Science/MBA (Sharif University of Technology) and as well as a bachelor of science in Industrial Engineering (Sharif University of Technology). He has also been a visiting PhD student at UT Austin Prior to joining Cal Poly, he worked as an assistant professor of finance at Stevens Institute of Technology (2013-2020), a postdoctoral associate with Massachusetts Institute of Technology (MIT), and a consultant for United Nations Industrial Development Organization (UNIDO).

He has more than 10 years of teaching experience. He teaches Fixed Income Markets and Securities (BUS439) at Cal Poly and has previously taught courses on topics such as Corporate Finance (undergraduate), Econometrics (masters), Financial Econometrics (masters), Microeconomic Theory (PhD), and Quantitative-Finance Senior Thesis (undergraduate). 

Publications

• Zolfaghari, M., Ghoddusi, H., Faghihian, F., “Volatility spillovers for energy prices: A diagonal BEKK approach“, Forthcoming, Energy Economics
• Ghoddusi, H., Wirl, F., “A Risk-Hedging View to Downstream Investment for Oil-Rich Economies”, Forthcoming, The Energy Journal
• Ghoddusi, H., Morovati, M., Rafizadeh, N., 2019, “Exchange Rate Volatility and Gasoline Consumption“, Energy Economics
• Ghoddusi, H., Creamer, G., Rafizadeh, N., 2019, “Machine Learning in Energy Economics: A Review“, Energy Economics
• Shantia, A., Aflaki, S., Ghoddusi, H., 2019, “Input-price Risk Management:Technology Improvement and Financial Hedging“, Production and Operations Management
• Ghoddusi H., Afkhami, M., 2019, “Valuation of Mortgage Interest Deduction under Uncertainty: An Option Pricing Approach“,   Journal of Economic Dynamics and Control 
• Ghoddusi H, Rafizadeh N, Rahmati, MH, 2018, “Price Elasticity of Gasoline Smuggling“, Energy Economics
• Ghoddusi H, Nili, M, and Rastad, M, 2017, “On Quota Violations of OPEC Members“, Energy Economics
• Ghoddusi H and Roy M, 2017, “Supply Elasticity Matters for the Rebound Effect and Its Policy Implications“, Energy Economics
• Ghoddusi H, Afkhami, H. Cormack, L., 2017, “The Most Predictive Energy Search Terms“, Energy Economics 
• Ghoddusi, H, Emamzadeh Fard, S, 2017, “Optimal Hedging in the US Natural Gas Market: the Effect of Maturity and Cointegration“, Energy Economics
• Ghoddusi, H, 2017, “Blending Under Uncertainty: Real Options Analysis of Ethanol Plants and Biofuels Mandates“, Energy Economics  
• Ghoddusi, H and Fahim, A, 2016, “Volatility Can be Deterimental to Option Values“, Economics Letters 
• Ghoddusi, H, 2016, “Integration of Physical and Futures Prices in the US Natural Gas Market“, Energy Economics 
• Ekholm, T., Ghoddusi, H., Krey, V., & Riahi, K, 2013, The Effect of Financial Constraints on Energy-Climate Scenarios. Energy Policy
• Ghoddusi, H, 2010, Dynamic Investment in Extraction Capacity of Exhaustible Resources , Scottish Journal of Political Economy