• Making sense of market delineation with the aggregate diversion ratio 

      Daljord, Øystein Børnes; Sørgard, Lars; Thomassen, Øyvind (Discussion paper, Working paper, 2007-08)
      The US Merger Guidelines leave it an open question if the SSNIP test requires an increase in one, some or all prices in the candidate market. We argue that the characteristics of the candidate market in question should be ...
    • Management of knowledge workers 

      Hvide, Hans K.; Kristiansen, Eirik Gaard (Discussion paper, Working paper, 2006-05)
      We study how complementarities and intellectual property rights affect the management of knowledge workers. The main results relay when a firm will wish to sue workers that leave with innovative ideas, and the effects ...
    • Mapping risk aversion in Norway using hypothetical income gambles 

      Aarbu, Karl Ove; Schroyen, Fred (Discussion paper, Working paper, 2009-08)
      This is the first study that explores the heterogeneity of risk preferences among the Norwegian population. We measure risk aversion as the complement of the maximal relative downside income risk a person is willing to ...
    • Marginal indirect tax reform analysis with merit good arguments and environmental concerns : Norway, 1999 

      Schroyen, Fred; Aasness, Jørgen (Discussion paper, Working paper, 2006-04)
      We present a framework to identify and evaluate marginal tax reforms when merit good arguments and environmental concerns are given explicit consideration. It is applied to the Norwegian indirect tax system for 1999. ...
    • Marginal productivity reward : a new justification 

      Cappelen, Alexander W.; Tungodden, Bertil (Discussion paper, Working paper, 2004-12)
      Marginal productivity reward has been justified either as a way of ensuring efficiency or of respecting people’s self-ownership. Both these arguments have their limitations. In this paper we present a new and more general ...
    • Margins and market shares : pharmacy incentives for generic substitution 

      Brekke, Kurt Richard; Straume, Odd Rune; Holmås, Tor Helge (Discussion paper, Working paper, 2010-07)
      We study the impact of product margins on pharmacies incentive to promote generics instead of brand-names. First, we construct a theoretical model where pharmacies can persuade patients with a brand-name prescription to ...
    • Maritime trade and merchant shipping: The shipping/trade-ratio from the 1870s until today. 

      Ojala, Jari; Tenold, Stig (SAM;12/2016, Working paper, 2016-06-22)
      This paper discusses the development of countries’ market shares in world shipping over the last 150 years. The analysis is based upon a new and purpose-built indicator: the shipping/trade-ratio. This indicator presents ...
    • Market definition with shock analysis 

      Daljord, Øystein Børnes; Sørgard, Lars; Thomassen, Øyvind (Discussion paper, Working paper, 2007-11)
      The SSNIP test for market definition requires information about demand substitution and profitability. If detailed information about demand is not available, observed effects of a shock in the industry may be an alternative ...
    • Market Power in Retail Gasoline Markets 

      Nguyen-Ones, Mai; Steen, Frode (DP SAM;21/2019, Working paper, 2019-07)
      We estimate a structural model to uncover the degree of competition in retail gasoline markets using daily station-level data on quantity and price from the Swedish market. The structural model enables us to consider key ...
    • Market shares in two-sided media industries 

      Kind, Hans Jarle; Stähler, Frank (Discussion paper, Working paper, 2009-03)
      This paper generalizes the frequently used Hotelling model for two-sided markets in order to determine the equilibrium market shares. We show that independent of whether consumers are uniformly or non-uniformly distributed, ...
    • Markets for public and private health care : redistribution arguments for a mixed system 

      Schroyen, Fred; Marchand, Maurice (Discussion paper, Working paper, 2001-04)
      Should health care provision be public, private, or both? We look at this question in a setting where people differ in their earnings capacity and express an inelastic demand for health care. We assume that illness reduces ...
    • Markup cyclicality and input factor adjustments 

      Askildsen, Jan Erik; Nilsen, Øivind Anti (Discussion paper, Working paper, 2008-04)
      This paper investigates the existence of markups and their cyclical behaviour at industry sector level. Markups are given as a price-cost relation that is estimated from a dynamic, structural model of the firm. The firms ...
    • Material resources and well-being – Evidence from an Ethiopian housing lottery 

      Andersen, Asbjørn G; Kotsadam, Andreas; Somville, Vincent (DP SAM;11/2021, Working paper, 2021-04-26)
      Do better material conditions improve well-being and mental health? Or does any positive relationship merely reflect that psychological well-being promotes economic success? We supply new responses to these questions by ...
    • Measuring heterogeneity in the returns to education in Norway using educational reforms 

      Aakvik, Arild; Vaage, Kjell; Salvanes, Kjell Gunnar (Discussion paper, Working paper, 2003-07)
      The decision to take more education is complex, and is influenced by individual ability, financial constraints, family background, preferences, etc. Such factors, normally unobserved by the researcher, introduce endogeneity ...
    • Measuring Market Power in Gasoline Retailing: A Market- or Station Phenomenon? 

      Nguyen-Ones, Mai; Steen, Frode (DP SAM;6/2018, Working paper, 2018-04)
      Applying detailed consecutive daily micro data at the gasoline station level from Sweden we estimate a structural model to uncover the degree of competition in the gasoline retail market. We find that retailers do exercise ...
    • Measuring the consumption value of higher education 

      Alstadsæter, Annette (Discussion paper, Working paper, 2004-02)
      The consumption value of education is an important, but rather ignored factor behind the individual’s educational choice. This paper suggests a method for measuring the consumption value of education in a compensating ...
    • Media competition on the Internet 

      Barros, Pedro P.; Kind, Hans Jarle; Nilssen, Tore; Sørgard, Lars (Discussion paper, Working paper, 2004-08)
      This paper presents a model of competition between two advertisingfinanced media firms, and we apply the model to analyze competition between portals on the Internet. First, we show that equilibrium prices of advertising ...
    • Media market concentration, advertising levels, and ad prices 

      Anderson, Simon P.; Foros, Øystein; Kind, Hans Jarle; Peitz, Martin (Discussion Papers;24/2011, Working paper, 2011-12)
      Standard media economics models imply that increased platform com- petition decreases ad levels and that mergers reduce per-viewer ad prices. The empirical evidence, however, is mixed. We attribute the theoretical predictions ...
    • Merger profitability in unionized oligopoly 

      Lommerud, Kjell Erik; Straume, Odd Rune; Sørgard, Lars (Discussion paper, Working paper, 2000-05)
      We examine how a merger affects wages of unionized labour and, in turn, the profitability of a merger under both Cournot and Bertrand competition. If unions are plant-specific, we find that a merger is more profitable ...
    • Merger simulations with observed diversion ratios 

      Mathiesen, Lars; Nilsen, Øivind Anti; Sørgard, Lars (Discussion paper, Working paper, 2010-10)
      A common approach to merger simulations used in antitrust cases is to calibrate demand from market shares and a few additional parameters. When the products involved in the merger case are differentiated along several ...