Welcome to Richard Friberg's homepage

I am the Jacob Wallenberg Professor at the Stockholm School of Economics. My research focuses on imperfectly competitive markets (Industrial Organization) with an emphasis on investigating responses by firms to uncertainty and various risks, in particular exchange rate risk. I teach microeconomics at the undergraduate level and Industrial Organization at the PhD level. I'm also adjunct professor at NHH Bergen. A CV is available here.

My book "Managing Risk and Uncertainty" is especially close to my heart. It targets master students, MBAs or advanced bachelor level students in courses on risk management. Much of my other work is available for downloading here.

Some representative publications:

"The law of one price in Scandinavian duty-free stores", 2001, American Economic Review 91, 1072-1083 with M. Asplund.

"Exchange rate exposure in differentiated product industries: A simulation approach", 2007, Journal of Finance LXIIM, 2475-2502, with M. Ganslandt.


"The currency denomination of exports - A questionnaire study", 2008, Journal of International Economics 75, 54-69, with F. Wilander.

"Divestiture Requirements as a Tool for Competition Policy: A Case from the Swedish Beer Market", 2015, International Journal of Industrial Organization 42, 1-18 (lead article) with André Romahn.

"Three approaches to risk management— and how and why Swedish companies use them”, 2016, Journal of Applied Corporate Finance 28, 86-95 with N. Amberg.

"Risk and ambiguity in 10-Ks: An examination of cash holding and derivatives use", 2017, Journal of Corporate Finance 45, 608-631 with T. Seiler.

"The Effect of Retail Distribution on Sales of Alcoholic Beverages", 2017, Marketing Science 36, 626-641 with M. Sanctuary. 

For contact details, please see my homepage at SSE.

Last updated: December 2017.