Browsing NHH Brage by Title
Now showing items 5440-5459 of 8325
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Optimal contracts under imperfect enforcement revisited
(Discussion paper, Working paper, 2005-08)We consider a financing game with costly enforcement based on Townsend (1979), but where monitoring is non-contractible and allowed to be stochastic. Debt is the optimal contract. Moreover, the debt contract induces creditor ... -
Optimal control of a renewable natural resources and the "stochastically induced critical depensation"
(Discussion paper, Working paper, 2002-12)This paper focus aspects connected to the optimal control of a renewable resource modelled by a stochastic differential equation. The main point is to show how small changes of the problem may cause severe changes in the ... -
Optimal control of predictive mean-field equations and applications to finance
(Peer reviewed; Journal article, 2016)We study a coupled system of controlled stochastic differential equations (SDEs) driven by a Brownian motion and a compensated Poisson random measure, consisting of a forward SDE in the unknown process X(t) and a predictive ... -
Optimal control of systems with noisy memory and BSDEs with Malliavin derivatives
(Journal article; Peer reviewed, 2016)In this article we consider a stochastic optimal control problem where the dynamics of the state process, X(t), is a controlled stochastic differential equation with jumps, delay and noisy memory. The term noisy memory ... -
Optimal control with partial information for stochastic Volterra equations
(Journal article; Peer reviewed, 2010)In the first part of the paper we obtain existence and characterizations of an optimal control for a linear quadratic control problem of linear stochastic Volterra equations. In the second part, using the Malliavin calculus ... -
Optimal control with partial information for stochastic Volterra equations
(Journal article; Peer reviewed, 2010)In the first part of the paper we obtain existence and characterizations of an optimal control for a linear quadratic control problem of linear stochastic Volterra equations. In the second part, using the Malliavin ... -
Optimal feedback controls : comparative evaluation of the cod fisheries in Denmark, Iceland and Norway
(Working paper, Working paper; Working paper, 2000-01)The purpose of this paper is to compare the relative efficiency of the fish harvesting policies of Iceland, Norway and Denmark. We have chosen to concentrate on the cod fishery as this is the single most important fishery ... -
Optimal fishing mortalities with age-structured bioeconomic model - a case of NEA mackerel
(Discussion paper;9/16, Working paper, 2016-05-31)The effects of random environmental impacts on optimal exploitation of a fish population are investigated using both optimization and simulation, based on a discrete-time age-structured bioeconomic model. The optimization ... -
Optimal fishing mortalities with age-structured bioeconomic model-a case of NEA mackerel
(Working paper;2016:6, Working paper, 2016-05)The effects of random environmental impacts on optimal exploitation of a fish population are investigated using both optimization and simulation, based on a discrete-time age-structured bioeconomic model. The optimization ... -
Optimal fishing policy for two species in a three-species predator-prey model: The case of capelin, cod and juvenile herring in the Barents Sea
(Discussion paper, Working paper, 2007-12)This paper presents a management model for the Barents Sea capelin and cod fisheries including juvenile herring in the biological model as the young herring influences the cod-capelin system. The objective of the study is ... -
Optimal flåtestørrelse, flåtestruktur og fangsfordeling
(Rapport, Research report, 2003-02)I denne rapporten har en beregnet den økonomisk optimale størrelsen og sammensetningen av den norske helårsdrevne fiskeflåten gitt at totalfangsten for de enkelte fiskeslag ikke må overskrides, gitt fartøyenes kapasitet ... -
Optimal forsikringsportefølje for Frende Skadeforsikring : kan en optimal sammensetning av forsikringsbransjer bedre egenkapitalavkastningen?
(Master thesis, 2020)Denne masterutredningen undersøker om egenkapitalavkastningen til skade- og helseforsikringsporteføljen til Frende Skadeforsikring øker ved utnyttelse av en optimeringsmodell som opprinnelig brukes i aksjemarkedet. Vi ... -
Optimal heating of large block of flats
(Discussion paper, Working paper, 2007) -
Optimal hospital payment rules under rationing by random waiting.
(SAM;8/2016, Working paper, 2016-05-19)We derive optimal rules for paying hospitals in a public health care system in which providers can choose quality and random patient demand is rationed by waiting time. Since waiting time imposes real costs on patients ... -
Optimal income taxation with a risky asset : the triple income tax
(Discussion paper, Working paper, 2004-06)We show in a two-period world with endogenous savings and two assets, one of them exhibiting a stochastic return that an interest adjusted income tax is optimal. This tax leaves a safe component of interest income tax ... -
Optimal innsideteori og hjemmefavorisering på det norske aksjemarkedet
(Master thesis, 2007)I denne oppgaven ser vi nærmere på hjemmefavorisering på aksjemarkedet. Vi forsøker i første del å gjennomgå noen av de viktigste forklaringene på den observerte hjemmefavoriseringen med utgangspunkt i tradisjonell ... -
Optimal Insurance Policies in the Presence of Costs
(Journal article; Peer reviewed, 2017)We reconsider costs in insurance, and suggest a new type of cost function, which we argue is a natural choice when there are relatively small, but frequent, claims. If a fixed cost is incurred each time a claim is made, ... -
Optimal investment conditions for electrification of Edvard Grieg : a discrete dynamic programming approach
(Master thesis, 2014)This thesis investigates the optimal investment conditions for switching the Edvard Grieg field from traditional power generation methods (gas turbines) to electrical power from shore. By interpreting this problem as a ... -
Optimal kapitalstruktur basert på strukturelle kredittrisikomodeller
(Rapport, Research report, 2006-08)I denne rapporten finner vi optimal kapitalstruktur og yield spread basert på strukturelle kredittrisikomodeller. Først utleder vi en benchmarkmodell med Leland (1994) som utgangspunkt, hvor vi tar hensyn til skattefordeler ... -
Optimal kapitalstruktur basert på strukturelle kredittrisikomodeller
(Master thesis, 2006)I denne masteroppgaven finner vi optimal kapitalstruktur og yield spread basert på strukturelle kredittrisikomodeller. Først utleder vi en benchmarkmodell med Leland (1994)som utgangspunkt, hvor vi tar hensyn til ...