Browsing Discussion papers (FOR) by Title

Now showing items 559-564 of 564

    • What happens when it's windy in Denmark?: an empirical analysis of wind power on price volatility in the Nordic electricity market 

      Mauritzen, Johannes (Discussion paper, Working paper, 2010-12)
      This paper attempts to empirically test the effect that wind power production in Denmark has on volatility of the nord-pool wholesale electricity prices. The main result is that wind power tends to significantly reduce ...

    • What is wrong with IRV? 

      Stensholt, Eivind (Discussion paper;13/18, Working paper, 2018-10-22)
      Struggles over the single-seat preferential election method IRV, Instant Runoff Voting, (a.k.a. AV, Alternative Vote or RCV, Ranked-Choice Voting) go on in many arenas: legislatures, courts, websites, and scholarly ...

    • What puzzles? : new insights in asset pricing 

      Aase, Knut K. (Discussion paper;2012:13, Working paper, 2012-11)
      Motivated by the problems of the conventional model in rationalizing izing market data, we derive the equilibrium interest rate and risk premiums using recursive utility in continuous time. In a representative- agent ...

    • When a price is enough : implementation in optimal tax design 

      Rennes, Sander; Zoutman, Floris T. (Discussion paper;32/14, Working paper, 2014-09)
      This paper studies the design of tax systems that implement a planner's secondbest allocation in a market economy. An example shows that the widely used Mirrleesian (1976) tax system cannot implement all incentive-compatible ...

    • When is it better to wait for a new version? : optimal replacement of an emerging technology under uncertainty 

      Chronopoulos, Michail; Siddiqui, Afzal (Discussion papers;26/14, Working paper, 2014-06)
      We determine the optimal timing for replacement of an emerging technology facing uncertainty in both the output price and the arrival of new versions. Via a sequential investment framework, we determine the value of the ...

    • Zonal pricing in a deregulated electricity market 

      Bjørndal, Mette; Jörnsten, Kurt (Discussion paper, Working paper, 1999)
      In the deregulated Norwegian electricity market a zonal transmission pricing system is used to cope with network capacity problems. In this paper we will illustrate some of the problems that the zonal pricing system, as ...