Fred Erling Wenstøp

Professor Emeritus - Department of Strategy and Entrepreneurship at BI Norwegian Business School

Schools

  • BI Norwegian Business School

Expertise

Links

Biography

BI Norwegian Business School

I graduated from the University of Oslo in 1969 as the first student to complete the new program in Cybernetics, which then was a specialization in the department of physics, probably because of the reliance on electronics in communication and control systems. The computers at that time were mostly analogue, not digital.

After graduation I joined BI which then was a very small business school, but with a keen interest in applying quantitative methods in business administration. This gave me the opportunity to apply for a Ford Foundation scholarship to pursue Ph.D. in the US, which brought me to University of California where I wrote a thesis on linguistic models of organizations based on fuzzy set theory.

Back at BI, I taught statistics and operations research, especially decision theory, and was eventually promoted to professor. I served several times as chair of my department, and started the development of BIs doktoral program where I was dean from 1995 to 2000. I have since 2015 been Professor Emeritus.

Research areas

My main area is the development and application of Multi Criteria Decision Analysis (MCDA), and my focus is ethical foundations of decision-making, the role of emotion and rationality in decision making, as well as the structuring of organizational values.I am now working with climate modelling in BI's Centre for Environmental Strategy.

Recent work:

Wenstøp SH; Wenstøp F. Operational reseach virtues in the face of climate change. EURO Journal on Decision Processes. 2016;4(1-2):53-72.

Randers J; Golüke U; Wenstøp F; Wenstøp S. A user-friendly earth system model of low complexity: the ESCIMO system dynamics model of global warming towards 2100. Earth Syst Dynam. 2016;7(4):831-50.

Ditlev-Simonsen CD; Wenstøp F. Attitudes towards ethical pension management among Norwegians. Beta Scandinavian Journal of Business Research. 2016;30(2):99-117.
Wenstøp; Koppang, On operations research and value conflicts, Omega, Volume 37, Issue 6, December 2009, Pages 1109-1120. (With over 8,000 full text downloads since January 2009, this article, published in Omega, is currently in the top 10 most downloaded articles for the whole of ScienceDirect).

Wenstøp, F. 2005. Mindsets, rationality and emotion in Multi-criteria Decision Analysis. Journal of Multi-Criteria Decision Analysis, 13, 161-172. http://home.bi.no/fag87027/jmcda/wenstop1.pdf (pdf)

Wenstøp, F. 2012. A value structured approach to conflicts in environmental management. In: Holtzman, Y. (ed.) Operations Management. Intech. Wenstøp, F. & Myrmel, A. 2006. Structuring organizational value statements (pdf), Management Research News, 29, 673 - 683.

Recent books:

Samset KF, Wenstøp FE. Smarte Valg: NKI-forlaget; 2016. 209 p.

Wenstøp, F. & Seip K. L. 2009. Verdier og valg, Oslo, Universitetsforlaget.

Seip, Knut Lehre, Wenstøp, Fred: A Primer on Environmental Decision-Making: An Integrative Quantitative Approach, 2006, Approx. 440 p., Hardcover ISBN: 1-4020-4073-3, 2006.

ACADEMIC DEGREES

  • 1975 University of California at Berkeley Ph.D.
  • 1969 University of Oslo Master

WORK EXPERIENCE

  • 2015 - Present BI Norwegian Business School Professor emeritus
  • 1985 - 2015 BI Norwegian Business School Professor
  • 2008 - 2011 BI Norwegian Business School Head of Department
  • 1994 - 2000 BI Norwegian Business School Dean of Doctoral Programs
  • 1990 - 1992 BI Norwegian Business School Head of Department
  • 1987 - 1987 State University of New York Visiting Scholar
  • 1983 - 1986 BI Norwegian Business School Head of Department
  • 1984 - 1985 BI Norwegian Business School Associate Professor
  • 1979 - 1984 BI Norwegian Business School Senior Lecturer
  • 1975 - 1979 BI Norwegian Business School Lecturer
  • 1972 - 1975 University of California Ford Foundation Fellow
  • 1970 - 1972 BI Norwegian Business School Scholar
  • 1969 - 1969 University of Oslo Research Assistant

CHAPTERS

Wenstøp, Fred. 

Flermålsanalyse som alternativ til nyttekostnadsanalyse. I: Investeringsprosjekter og miljøkonsekvenser. Trondheim: Ex ante akademisk forlag 2016 ISBN 978-82-93253-51-8. p. 208-223 BI

Midttun, Atle; Blomgren, Atle; Fet, Annik; Iakovleva, Tatiana; Wenstøp, Fred Erling; Staurem, Elin Jeannette; Toporowska, Elizbieta. 

CSR, Innovation and Value Creation in Rapidly Growing SMEs. I: CSR and beyond: A Nordic perspective. Cappelen Damm Akademisk 2013 ISBN 978-82-02-41215-9. p. 305-329 BI IRIS NTNU UIS

Wenstøp, Fred Erling. 

A value structured approach to conflicts in environmental management. I: Advanced Topics in Applied Operations Management. INTECH 2012 ISBN 978-953-51-0345-5. p. 61-76 BI

Kvålshaugen, Ragnhild; Løwendahl, Bente R.; Wenstøp, Fred. 

Fra beslutning til gjennomføring. I: Grunnbok i strategi. Oslo: DAMM 2003 p. 339-370 BI

Lunnan, Randi; Løwendahl, Bente R.; Wenstøp, Fred. 

Ekstern Analyse. I: Grunnbok i Strategi. Oslo: NKS Forlaget 2002 BI

Wenstøp, Fred; Carlsen, Arne J.; Beinat, E.; Nijkamp, P.. 

Using Decision Panels to Evaluate Hydropower Development Projects. I: Multi Criteria Evaluation in Land Use Management. : Kluwer Academic Publishers 1998 BI

CONFERENCE PAPERS

Wenstøp, Fred Erling; Wenstøp, Søren Henrik. 

LESSONS FROM MODELING CLIMATE CHANGE WITH SYSTEM DYNAMICS. State of the Art Workshop 10th International Federation of Conference of Operational Research Barcelona 2014; 2014-07-10 - 2014-07-10 BI NHH

Wenstøp, Fred Erling; Wenstøp, Søren Henrik. 

Operational Research Virtues in the Face of Climate Change. IFORS 20; 2014-07-13 BI NHH

Wenstøp, Fred Erling. 

Experience from modeling climate change. Satellite Workshop of The State of The Art on Problem Handling and Decision Making; 2013-07-01 BI

Wenstøp, Fred Erling; Wenstøp, Søren Henrik. 

Climate change: Righteous believers – righteous deniers. EURO-INFORMS Rome 2013; 2013-07-01 - 2013-07-04 BI NHH

Wenstøp, Fred Erling. 

Ethical platforms. Ethics Workshop; 2010-07-10 - 2010-07-10 BI

Wenstøp, Fred Erling; Koppang, Haavard. 

The Janus face of moral math. EURO XXIV; 2010-07-11 - 2010-07-14 BI

SCIENTIFIC ARTICLES

Ditlev-Simonsen, Caroline Dale; Wenstøp, Fred. 

Attitudes towards ethical pension management among Norwegians. Beta. Scandinavian Journal of Business Research 2016 ;Volume 30.(2) p. 100-118 BI

Randers, Jørgen; Göluke, Ulrich; Wenstøp, Fred; Wenstøp, Søren. 

A user-friendly earth system model of low complexity: the ESCIMO system dynamics model of global warming towards 2100. Earth System Dynamics 2016 ;Volume 7.(4) p. 831-850 BI

Wenstøp, Søren Henrik; Wenstøp, Fred. 

Operational research virtues in the face of climate change. EURO Journal on Decision Processes 2016 ;Volume 4.(1-2) p. 53-72 BI

Ditlev-Simonsen, Caroline Dale; Wenstøp, Fred Erling. 

How stakeholders view stakeholders as CSR motivators. Social Responsibility Journal 2013 ;Volume 9.(1) p. 137-147 BI

Ditlev-Simonsen, Caroline Dale; Wenstøp, Fred Erling. 

Ledelse av samfunnsansvar (CSR) - hva ønsker de ansatte?. Magma - Tidsskrift for økonomi og ledelse 2013 ;Volume 16.(2) p. 32-38 BI

Wenstøp, Fred. 

Operations research and ethics: development trends 1966-2009. International Transactions in Operational Research 2010 ;Volume 17.(4) p. 413-426 BI

Wenstøp, Fred; Koppang, Haavard. 

On operations research and value conflicts. Omega : The International Journal of Management Science 2009 ;Volume 37.(6) p. 1109-1120 BI

Wenstøp, Fred. 

Mindsets, rationality and emotion in Multi-criteria Decision Analysis. Journal of Multi-Criteria Decision Analysis 2006 ;Volume 13.(4) p. 161-172 BI

Wenstøp, Fred. 

Some viewpoints on emotion, consequentialism and multicriteria decision making. Journal of Multi-Criteria Decision Analysis 2006 ;Volume 13.(4) p. 191-198 BI

Wenstøp, Fred. 

Mindsets, rationality and emotion in Multi-criteria Decision Analysis. Journal of Multi-Criteria Decision Analysis 2005 ;Volume 13.(4) p. 161-172 BI

Wenstøp, Fred. 

Some viewpoints on emotion, consequentialism and multicriteria decision making. Journal of Multi-Criteria Decision Analysis 2005 ;Volume 13.(4) p. 191-198 BI

Wenstøp, Fred; Wenstøp, Fred; Seip, Knut L.. 

Legitimacy and Quality of Multi-Criteria Environmental Policy Analysis: A Meta Analysis of Five MCE Studies in Norway. Journal of Multi-Criteria Decision Analysis 2001 ;Volume 10. p. 53-64 BI HSN

Magnus, Per; Wenstøp, Fred. 

Value focused rationality in AIDS policy. Health Policy 2001 ;Volume 57. p. 57-72 BI FHI

Bakken, Bent Erik; Wenstøp, Fred Erling; Midtun, Atle. 

Rational, emotional and normfollowing actors and liberal free trade in the Norwegian electricity market. Human Systems Management 1996 ;Volume 15.(3) BI FORSV

Strand, Jon; Carlsen, Arne; Wenstøp, Fred. 

Implicit Environmental Costs in Hydroelectric Development: An Analysis of the Norwegian Master Plan for Water Resources. Journal of Environmental Economics and Management 1993 ;Volume 25.(03) p. 201-2011 BI UiO

BOOKS

Samset, Knut Fredrik; Wenstøp, Fred Erling. 

Smarte Valg. : NKI-forlaget 2016 (ISBN 9788256273935) 209 p. BI NTNU

Wenstøp, Fred Erling; deTombe, Dorien; Brugha, Cathal; Wilhelm-Weber, Gerhard. 

Book of Abstracts of State of the Art Workshop Barcelona 2014. Amsterdam: Greenhill & Waterfront 2014 (ISBN 978-90-77171-48-6) 11 p. BI

Wenstøp, Fred Erling; Løwendahl, Bente R.. 

Skriv gode oppgaver. Cappelen Damm Akademisk 2013 (ISBN 978-82-02-41234-0) 82 p. BI

Wenstøp, Fred; Seip, Knut L.. 

Verdier og valg : verdibasert beslutningsanalyse i praksis. Universitetsforlaget 2009 (ISBN 9788215014104) BI HIOA

Seip, Knut L.; Wenstøp, Fred. 

A Primer on Environmental Decision-Making: An Integrative Quantitative Approach. Springer 2006 BI HIOA

Løwendahl, Bente R.; Wenstøp, Fred. 

Grunnbok i strategi. : Damm 2003 (ISBN 8204086032) 400 p. BI

Wenstøp, Fred. 

Statistikk og dataanalyse. Universitetsforlaget 2003 BI

Wenstøp, Fred. 

Statistikk og dataanalyse, Arbeidshefte. Universitetsforlaget 2003 BI

Løwendahl, Bente R.; Wenstøp, Fred. 

Grunnbok i strategi. Oslo: NKS Forlaget 2002 BI

Wenstøp, Fred. 

Statistikk og Datanalyse. Universitetsforlaget 2001 (ISBN 8215000983) 385 p. BI

Wenstøp, Fred. 

Statistikk og datanalyse. Arbeidshefte med bruk av programvare og løsning av case. Universitetsforlaget 2001 230 p. BI

Wenstøp, Fred. 

Statistikk og dataanalyse. : Tano Aschehoug 1998 BI

Wenstøp, Fred. 

Statistikk og dataanalyse, Arbeidshefte med bruk av programvare. : Tano Aschehoug 1998 BI

POPULAR SCIENTIFIC ARTICLES

Wenstøp, Fred Erling; Ditlev-Simonsen, Caroline Dale. 

Hva tror de ansatte skal til for motivere til å sykle til og fra jobb?. Magma - Tidsskrift for økonomi og ledelse 2014 (3) p. 70-82 BI

Wenstøp, Fred; Myrmel, Arild. 

Structuring organizational value statements. Management Research News 2006 ;Volume 29.(11) p. 673-683 BI

MEDIA CONTRIBUTIONS

Wenstøp, Fred; Miralles, Cristobal; Weber, Gerhard-Wilhelm. 

Featured papers on operational research and ethics. EURO Journal on Decision Processes 2016 ;Volume 4.(1) p. 1-3 BI

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