Benoît Chevalier-Roignant

I am Associate Professor at emlyon business school. My research is at the intersection of corporate finance and industrial organization, investigating how market uncertainty and strategic reactions affect a firm’s capital-budgeting decisions on capacity expansion, innovation investments, production flexibility and market entry in uncertain competitive environments.

Education

• PhD Wissenschaftliche Hochschule für Unternehmensführung - Otto-Beisheim - Hochschule (2009 — 2011)
• Post-doctorate The University of Texas at Dallas (2011 — 2012)
• Visiting scholar Northwestern University - Kellogg School of Management (2009 — 2009)
• Visiting scholar The University of Chicago Booth School of Business (2009 — 2009)
• Diploma Wissenschaftliche Hochschule für Unternehmensführung - Otto-Beisheim - Hochschule (2005 — 2007)
• M.Sc. emlyon business school (2005 — 2007)
• Bachelor of Science emlyon business school (2003 — 2005)
• Bachelor of Science Lycée Kerichen (2001 — 2003)

Companies

• Associate Professor EMLyon (2020)
• Lecturer Cranfield School of Management (2019 — 2020)
• Teaching fellow King's College London (2016 — 2018)
• Senior Strategy Consultant Oliver Wyman (2015 — 2016)
• Senior Consultant Ernst & Young (2012 — 2014)
• Strategy Consultant, Associate L.E.K. Consulting (2007 — 2009)
• Auditing, Intern Ernst & Young (2005 — 2006)
• Management accounting, Intern EADS (2004 — 2004)

Representative peer-reviewed academic works

Over the past few years, I have published peer-reviewed articles in top journals such as Operations Research (UTD List), Production & Operations Management (UTD List) and the European Journal of Operational Research (ABS 4). I also co-authored Competitive Strategy: Options and Games (with Lenos Trigeorgis) published at The MIT Press. Competitive Strategy has been selected among the best books in strategy by strategy + business, the management magazine published by the strategy consulting firm PwC Strategy&.

Below a list of representative publications (by decreasing chronological order):

A model of wind farm with option interactions (with Alain Bensoussan and Alejandro Rivera) published at Production & Operations Management in 2022 [https://doi.org/10.1111/poms.13721]

Does performance-sensitive debt mitigate the debt overhang? (with Alain Bensoussan and Alejandro Rivera) pyblished t Journal of Economic Dynamics and Control (131) in 2021 [https://doi.org/10.1016/j.jedc.2021.104203]

Capacity investment choices under cost heterogeneity and output flexibility in oligopoly (with Christoph Flath, Peter Kort and Lenos Trigeorgis) published at European Journal of Operational Research in 2021 [https://doi.org/10.1016/j.ejor.2020.08.046]

Disruptive Innovation, Market Entry and Production Flexibility in Heterogeneous Oligopoly (with Christoph Flath and Lenos Trigeorgis) published at Production & Operations Management in 2019 [https://doi.org/10.1111/poms.12995]

Sequential capacity expansion options (with Alain Bensoussan) published at Operations Research in 2018 [https://doi.org/10.1287/opre.2018.1752]

Strategic investment under uncertainty: A synthesis (with Christoph Flath, Arnd Huchzermeier and Lenos Trigeorgis), published at European Journal of Operational Research in 2011 [https://doi.org/10.1016/j.ejor.2011.05.038]

Competitive Strategy: Options and Games (with Lenos Trigeorgis). Published in 2011 at The MIT Press ISBN: 9780262015998 https://mitpress.mit.edu/books/competitive-strategy