About Tine Compernolle

Irreversibility. Uncertainty. Flexibility.

My ambition is to study the nexus of these three elements, which characterize regular investment decisions as well as complex environmental economic problems. By applying the real options theory, I develop methods to define the optimal timing and the optimal level of investments. By incorporating game theoretic concepts, I create understanding on the interactions between private and social decision making under uncertainty. To reach my research objectives, I work closely together with the University of Tilburg, the Norwegian Institute of Science and Technology, and the University of York.

Expert 1: “it is a rope” Expert 2: “ it is a snake” Expert 3: “it is tree” Expert 4: “it is a wall” Expert 5: “it is a spear”

With my background in economics and environmental economics I use my knowledge in the real options theory to combine and integrate it with other disciplines to reveal “the elephant”.

Or at least to provide a broader picture - “the elephant” is often very large.

I collaborate with experts in biology, hydrogeology, chemistry, and geology on environmental topics such as groundwater pollution, waste, energy, CCS and CCU. I studied investment decisions for groundwater remediation, the adoption of CO₂-EOR, and enhanced landfill mining – all characterized by uncertainty.

I closely collaborate with the Geological Survey of Belgium, at the Royal Belgian Institute of Natural Science. Together, we develop geological economic models to create understanding on the value of exploration and the trade-off between market uncertainty and geological uncertainty. Amongst others. Because these, are only a few of the remaining challenges in geological economics that we aspire to tackle… .