Now showing items 542-561 of 575

    • The value of equality 

      Tungodden, Bertil (Discussion paper, Working paper, 2001-09)
      Over the years, egalitarian philosophers have made some challenging claims about the nature of egalitarianism. They have argued that the Rawlsian leximin principle is not an egalitarian idea; that egalitarian reasoning ...
    • Vaporware 

      Choi, Jay Pil; Kristiansen, Eirik Gaard; Nahm, Jae (Discussion paper, Working paper, 2005-09)
      It is a widely adopted practice for firms to announce new products well in advance of actual market availability, especially in the computer industry. This practice of preannouncement often has been derisively referred to ...
    • Variations in the price and quality of English grain, 1750-1914: quantitative evidence and empirical implications. 

      Brunt, Liam; Cannon, Edmund (Discussion paper;06/15, Working paper, 2015-03)
      Interpretation of historic grain price data may be hazardous owing to systematic grain quality variation – both cross sectionally and over varying time horizons (intra-year, inter-year, long run). We use the English wheat ...
    • Viscosity and dispersion in an evolutionary model of learning 

      Kolstad, Ivar (Discussion paper, Working paper, 2002-03)
      A two-population evolutionary model of learning is proposed where there is a conflict of interests between populations, and where interaction ranges from complete viscosity to complete dispersion. The long run stochastically ...
    • Vocational training and gender : wages and occupational mobility among young workers 

      Fitzenberger, Bernd; Kunze, Astrid (Discussion paper, Working paper, 2005-08)
      This paper investigates the relationship between the gender wage gap, the choice of training occupation, and occupational mobility. We use longitudinal data for young workers with apprenticeship training in West Germany. ...
    • Wage dips and drops around first birth 

      Kunze, Astrid; Ejrnæs, Mette (Discussion paper, Working paper, 2004-01)
      We use a rich longitudinal data set for West Germany to disentangle the wage effects for female workers around first birth. Data on daily real wages reveal a dip in women’s real wages shortly before giving birth and a ...
    • War of attrition with affiliated values. 

      Chi, Chang Koo; Murto, Pauli; Välimäki, Juuso (DP SAM;16/2017, Working paper, 2017)
      We study the war of attrition between two players when the players’ signals are binary and affiliated. Our model covers both the case of common values and affiliated private values. We characterize the unique symmetric ...
    • Water with power : market power and supply shortage in dry years 

      Mathiesen, Lars; Skaar, Jostein; Sørgard, Lars (Discussion paper, Working paper, 2003-12)
      The purpose of this paper is to analyse how market power may affect the allocation of production between seasons (summer and winter) in a hydro power system with reservoirs and where inflow in winter is uncertain. We find ...
    • The Wealth of a Nation: Norways Road to Prosperity 

      Grytten, Ola Honningdal (DP SAM;17/2020, Working paper, 2020-09)
      The present paper discusses Norway’s way to prosperity during the two last centuries. The main reason for its wealth seems to have been the ability to meet international demand by utilizing its rich natural resources, ...
    • Weather shocks and English wheat yields, 1690-1871 

      Brunt, Liam (Discussion paper;02/15, Working paper, 2015-03)
      We estimate a time series model of weather shocks on English wheat yields for the early nineteenth century and use it to predict weather effects on yield levels from 1697 to 1871. This reveals that yields in the 1690s were ...
    • Weber revisited: A literature review on the possible Link between Protestantism, Entrepreneurship and Economic Growth 

      Grytten, Ola Honningdal (DP SAM;08/2020, Working paper, 2020-06)
      The present paper looks at the Weber-Tawney thesis on the positive link between Protestant ethic and economic growth. Both scholars observed that Protestant areas in the Western world seemed to gain faster and more wealth ...
    • The welfare economics of global public goods 

      Sandmo, Agnar (Discussion paper, Working paper, 2007-11)
      This paper studies the conditions for a welfare-maximizing allocation of resources to the production of global public goods, such as biodiversity, the global climate, the cultural heritage, knowledge, and world peace. A ...
    • What constitutes a convention? : implications for the coexistence of conventions 

      Kolstad, Ivar (Discussion paper, Working paper, 2002-03)
      A model of repeated play of a coordination game, where stage games have a location in social space, and players receive noisy signals of the true location of their games, is reviewed. Sugden (1995) suggests that in such ...
    • What determines banks’ market power? : Akerlof versus Herfindahl 

      Kim, Moshe; Kristiansen, Eirik Gaard; Vale, Bent (Discussion paper, Working paper, 2005-09)
      We introduce a model analyzing how asymmetric information problems in a bank-loan market may evolve over the age of a borrowing firm. The model predicts a life-cycle pattern for banks’ interest rate markup. Young firms ...
    • What determines the economic geography of Europe? 

      Haaland, Jan Ingvald Meidell; Kind, Hans Jarle; Midelfart, Karen Helene; Torstensson, Johan (Discussion paper, Working paper, 1998-10)
      This paper focuses on what the driving forces behind industry localisation in Europe are. Based on traditional as well as new trade theory and new economic geography our cross-sectoral empirical analysis seeks to explain ...
    • What limits the powerful in imposing the morality of their authority? 

      Schøyen, Øivind (DP SAM;18/2017, Working paper, 2017-10)
      This paper models a game between an authority, seeking to implement its preferred morality, and a parental generation, seeking to socialize a younger generation into the their own morality. The authority chooses a coercion ...
    • What money can buy? : three centuries of Norwegian wage and price development 

      Grytten, Ola Honningdal (Discussion paper, Working paper, 2007-10)
      On the basis of newly utilized data from one of the largest manual historical archives on wages and prices internationally and unpublished data from Statistics Norway this article offers new wage and price series for ...
    • When anti-dumping measures lead to increased market power : a case study of the European salmon market 

      Asche, Frank; Steen, Frode (Discussion paper, Working paper, 2003-12)
      In this paper we apply the Bresnahan-Lau (1982) model to test for market power in the European distribution of salmon. Utilising data at the import level, derived demand equations are specified rather then consumer demand. ...
    • When do we lie? 

      Cappelen, Alexander W.; Sørensen, Erik Ø.; Tungodden, Bertil (Discussion paper;17/2012, Working paper, 2012-08)
      The paper reports from an experiment studying how the aversion to lying is affected by non-economic dimensions of the choice situation. Specifically, we study whether people are more or less likely to lie when the content ...
    • Who are the least advantaged? 

      Tungodden, Bertil; Vallentyne, Peter (Discussion paper, Working paper, 2005-01)
      The difference principle, introduced by Rawls (1971, 1993), is generally interpreted as leximin, but this is not how he intended it. Rawls explicitly states that the difference principle requires that aggregate benefits ...