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Seasoned public offerings: Resolution of the "new issues puzzle"
(Discussion paper;09/98, Working paper, 1998)
The `new issues puzzle' is that stocks of common stock issuers subsequently underperform non- issuers matched on size and book-to-market ratio. With 7,000+ seasoned equity and debt issues, we document that issuer ...
MCMC analysis of diffusion models with application to finance
(Discussion paper1998:5, Working paper, 1998-03)
In this paper a new method is proposed for estimation of parameters in diffusion processes from discrete observations. The proposed simulation based MCMC methodology applies to a wide class of models including systems with ...
Muros : et fiskerisamfunn i endring
(Geografi i Bergen232, Research report, 1999)
I dette paperet diskuterer vi samspillet mellom globale og lokale prosesser med utgangspunkt i fiskerisamfunnet Muros i Galicia. Ingen steder kan betraktes som uforanderlige. Steder konstrueres, rekonstrueres og endres ...
Open Source software and the knowledge economy: virtually free and virtually immeasurable
(230, Research report, 1999)
One of the most striking innovations to emerge with full vigour in the late 1990's, but building on earlier precedent, is Open Source software. While there are good technical reasons for releasing the source code of computer ...
Spaces beyond the horizon? Alternative imaginative geographies between Europe and the Orient
(Geografi i Bergen220, Research report, 1999)
Post-structuralist and post-colonial discourses in contemporary human geography often make reference to the works of Joseph Conrad, albeit not infrequently in an iconized fashion. This essay reviews some grounds for feeling ...
A theoretical framework on how to approach globalization and social practice
(Geografi i Bergen231, Research report, 1999)
Globalization sometimes strengthens existing patterns of social interaction and sometimes changes these patterns. In both cases the empirical outcomes can be of homogeneous as well as of heterogeneous character. This ...
Competence relatedness, asset specificity and vertical integration : an integrating model of transaction cost economics and the competence perspective
(Doctoral thesis, 1998)
This study develops a conceptual model that explains vertical integration as a synthesis of transaction costs economics and the competence perspective. It is proposed that variables derived from these two perspectives ...
Public sector efficiency : a game-theoretic analysis
(Doctoral thesis, 1991-06)