Browsing Department of Economics by Author "Hagen, Kåre Petter"
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Network ownership and optimal tariffs for natural gas transport
Hagen, Kåre Petter; Kind, Hans Jarle; Sannarnes, Jan Gaute (Discussion paper, Working paper, 2004-10)This paper addresses the issue of national optimal tariffs for transportation of natural gas in a setting where national gas production in its entirety is exported to end-user markets abroad. In a situation where the ... -
Price-dependent profit sharing as an escape from the Bertrand paradox
Foros, Øystein; Hagen, Kåre Petter; Kind, Hans Jarle (Discussion paper, Working paper, 2007-01)In this paper we show how an upstream firm can prevent destructive competition among downstream firms producing relatively close substitutes by implementing a price-dependent profit-sharing rule. The rule also ensures ... -
Price-dependent profit-sharing as a channel coordination device
Foros, Øystein; Hagen, Kåre Petter; Kind, Hans Jarle (Discussion paper, Working paper, 2009-07)We show how an upstream firm by using a price-dependent profit-sharing rule can prevent destructive competition between downstream firms that produce relatively close substitutes. With this rule the upstream firm induces ... -
Taxation of uncertain business profits, private risk markets and optimal allocation of risk
Hagen, Kåre Petter; Sannarnes, Jan Gaute (Discussion paper, Working paper, 2005-02)In this paper we explore what happens if the government bears some of the risk through a profit tax when the risk sharing in the venture capital market is incomplete due to non-observability of effort and moral hazard. ...