His research interests lie in two areas. The first area can be labeled as sustainable operations with adaptation to energy markets, and it is mainly concerned with optimizing a firm’s technology and capacity investment choices so that the firm gains the ability to operate sustainably when faced with highly volatile energy prices. The second area of interest is related to inter-firm contracting in the presence of limited financial liability. One of the main challenges in this stream is to solve contract design problem with asymmetric information and limited liability in practical settings where the existing economic method may not directly apply.