Discussion papers (SAM): Recent submissions
Now showing items 361-380 of 658
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On the competitive effect of informative advertising
(Discussion paper, Working paper, 2009-10)This paper analyses the competitive effects of informative advertising. The seminal work by Grossman and Shapiro (1984) show that informative advertising results in lower prices and that firms may benefit from advertising ... -
Uncertainty in the theory of public finance
(Discussion paper, Working paper, 2009-09)This paper discusses the role that the economics of uncertainty has played in the theory of public finance. From being mostly concerned with its choice-theoretic foundations in the 1950s and ‘60s, the theory of expected ... -
Tax responses in platform industries
(Discussion paper, Working paper, 2009-07)Two-sided platform firms serve distinct customer groups that are connected through interdependent demand, and include major businesses such as the media industry, banking, and the software industry. A well known result ... -
A comparison of optimal tax policies when compensation or responsibility matter
(Discussion paper, Working paper, 2009-08)This paper examines optimal redistribution in a model with high and low-skilled individuals with heterogeneous tastes for labor, that either work or not. With such double heterogeneity, it is well known that traditional ... -
Price and quality in spatial competition
(Discussion paper, Working paper, 2009-07)We study the relationship between competition and quality within a spatial competition framework where firms compete in prices and quality. We generalise existing literature on spatial price-quality competition along ... -
Mapping risk aversion in Norway using hypothetical income gambles
(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 ... -
Modeling individual choices in experiments : reply to Conte and Moffatt
(Discussion paper, Working paper, 2009-07)In a comment to Cappelen, Hole, Sørensen, and Tungodden (2007b), Conte and Moffatt (2009) challenge our use of a random utility model when studying individual choices in a fairness experiment. They propose an alternative ... -
Price-dependent profit-sharing as a channel coordination device
(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 ... -
Business models for media firms : does competition matter for how they raise revenue?
(Discussion paper, Working paper, 2009-07)The purpose of this article is to analyze how competitive forces may influence the way media firms like TV channels raise revenue. A media firm can either be financed by advertising revenue, by direct payment from the ... -
The determinants of economic growth in European regions
(Discussion paper, Working paper, 2008-12)We use Bayesian Model Averaging (BMA) to evaluate the robustness of determinants of economic growth in a new dataset of 255 European regions in the 1995-2005 period. We use three different specifications based on (1) the ... -
The comparison between ad valorem and specific taxation under two-part tariffs
(Discussion paper, Working paper, 2009-06)In this paper, we compare ad valorem and specific taxation under heterogeneous demand when a monopolist offers a menu of two-part tariffs. An increase in either tax rate leads to a higher usage fee for all consumers, whereas ... -
Price stability and inflation persistence during the international gold standard : the Scandinavian case
(Discussion paper, Working paper, 2009-06)In the 1870s the three Scandinavian countries Denmark, Norway and Sweden formed the Scandinavian Currency Union. Both the adoption of gold and the monetary union were supposed to lead to price stability in and between ... -
Disability compensation and responsibility
(Discussion paper, Working paper, 2008-12)It is a central political goal to secure disabled individuals the same opportunities as others to pursue their conception of a good life. This goal reflects an ambition to combine an egalitarian and a liberal moral intuition. ... -
Do prices reflect short-term output fluctuations? : empirical evidence from a small open raw material based economy
(Discussion paper, Working paper, 2009-01)Within the framework of Keynesian economic theory it is widely taken for granted that short term output fluctuations are mirrored in corresponding fluctuations in prices. By examining data on prices and output for a small ... -
Take it or leave it : optimal transfer programs, monitoring and takeup
(Discussion paper, Working paper, 2009-02) -
Family stability and labor market gender convergence
(Discussion paper, Working paper, 2009-04)The present paper examines the historical development in the structure of the family in terms of marriage, divorce, fertility and labor 1886-2007 in order to map quantitative changes. The paper draws new information from ... -
Market shares in two-sided media industries
(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, ... -
How does monetary policy respond to exchange rate movements? : new international evidence
(Discussion paper, Working paper, 2008-10)This paper analyzes how monetary policy responds to exchange rate movements in open economies, paying particular attention to the interaction between monetary policy and exchange rate movements. We address this issue ... -
Identifying adjustment costs of net and gross employment changes
(Discussion paper, Working paper, 2008-09)A relatively unexplored question in dynamic labour demand regards the source of adjustment costs, whether they depend on net or gross changes in employment. We estimate a structural model of dynamic labour demand where ... -
Antarctic tourism and the maritime heritage
(Discussion paper, Working paper, 2008-09)Maritime activity in the Antarctic region goes back to the 18th Century. It evolved from exploration and discoveries to commercial activities, especially sealing and whaling. Antarctic tourism is a more recent phenomenon, ...