Priyanshu

Priyanshu

Senior Undergraduate

Posts by Collection

portfolio

publications

From Fields to Futures: Connectedness Among Edible Oil and Oilseeds—Where Soybean Leads, Others Follow

Published in 9th PAN IIM World Management Conference 2023, 2024

Presented at the 9th PAN IIM World Management Conference 2023, this study examines the connectedness among edible oils, oilseeds, and the U.S. Economic Policy Uncertainty Index.

Recommended citation: Nilotpal Sarma, Priyanshu Tiwari, Prabina Rajib. (2024). "From Fields to Futures: Connectedness Among Edible Oil and Oilseeds—Where Soybean Leads, Others Follow." Presented at the 9th PAN IIM World Management Conference 2023.
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Impact of Economic Policy Uncertainty on Financing Infrastructure

Published in MEA’s 89th Annual Meetings, Kansas City, Missouri, 2024

Presented at the MEA’s 89th Annual Meetings 2025, this study investigates how Economic Policy Uncertainty (EPU) impacts the preference for Project Finance vs. General Corporate Finance in infrastructure funding.

Recommended citation: Dr. Harshal Rajan Mulay, Priyanshu Tiwari, Dr. Rama Seth. (2025). "Impact of Economic Policy Uncertainty on Financing Infrastructure." Presented at MEA’s 89th Annual Meetings 2025.

From Fields to Futures: Connectedness Among Edible Oil and Oilseeds—Where Soybean Leads, Others Follow

Published in Asia-Pacific Financial Markets, 2024

This paper analyzes the connectedness among edible oils, oilseeds, and the U.S. Economic Policy Uncertainty Index using the TVP-VAR method.

Recommended citation: Nilotpal Sarma, Priyanshu Tiwari, Prabina Rajib. (2024). "From Fields to Futures: Connectedness Among Edible Oil and Oilseeds—Where Soybean Leads, Others Follow." Asia-Pacific Financial Markets. Springer Japan, 1-17.
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talks

teaching

Optimal Mechanisms in Two-item Setting

Mechanism Design, Supervised by Prof. Thirumulanathan, 2022

  • Reviewed papers identifying potential to expand optimal mechanism design to selling multiple items with uniformly distributed buyer valuations.
  • Established foundation in optimal mechanism design for uniform distributions, laying groundwork for research on extending the model.
  • Project aims to contribute to mechanism design theory by exploring optimal mechanisms for selling multiple items with uniform valuations.

Decision-Making in Anxiety Disorder: Neural Approach-Avoidance Mechanisms

Neuroscience, Supervised by Prof. A. Ramakrishnan, 2023

  • Measured maladaptive avoidance behaviour and its impact on decision-making in situations with competing rewards and threats.
  • Conducted an anxiety disorder study on 30 participants using a 2D paradigm built on PsychoPy and skin conductance.
  • Analysed behaviour in anxiety, attentional biases, and amygdala hyper-responsivity and decision-making in mental illness.
  • Summarized anxiety’s impact on avoidance behaviour in reward-threat conflicts, and neural mechanisms in anxiety disorders.

Connectedness Among Edible Oil and Oilseeds

Commodity Derivatives, Supervised by Prof. Prabina Rajib, 2023

  • Determined whether the connectedness between edible oil commodities acts as a hedge against economic policy uncertainties.
  • Examined the interconnectivity between edible oil markets through TVP-VAR using the Kalman Filter estimator.
  • Calculated Dynamic Total Connectedness, Net Directional Connectedness & Net-Pairwise Directional Connectedness.
  • The TCI shows a moderate level of connectedness with a value of 45.62%, with Soybean being the most dominant commodity and Rapeseed meal the least.

Impact of Economic Policy Uncertainty on Financing Infrastructure

Corporate Finance, Supervised by Prof. Harshal Mulay, 2024

  • Investigated the potential impact of EPU on the choice between the use of Project Finance and General Corporate Finance across 23 countries.
  • Cleaned and merged data from different sources: deal-level (Dealscan), firm-level, industry-level (Compustat), and country-level variables.
  • Implemented a multivariate logistic regression model with Project Finance as the dependent variable, including EPU, controls, and fixed effects.
  • Ensured robustness by checking for and controlling heteroscedasticity, autocorrelation, multicollinearity, and endogeneity in the model.
  • Banks are more likely to mandate Project Finance during high uncertainty periods, as it reduces their risk and improves borrower cash flow.

Pricing Asian Option by Binomial Tree and Branching Process

Quantitative Finance, Supervised by Prof. Sourav Majumdar, 2024

  • Derived formulas for Arithmetic and Geometric Average Asian Options using the Cox-Ross-Rubinstein Method for the n-th time interval.
  • Computed risk-neutral probabilities for each time step to price Asian Options based on Arithmetic and Geometric means.
  • Established upper and lower bounds for Asian Option prices in discrete time and extended these results to continuous time.
  • Investigating optimal paths for stock price averages using branching processes to improve pricing accuracy.
  • Developing transition probability functions for risk-neutral probabilities, modeling them as a Markov Chain to find the stationary distribution.