Browsing Department of Business and Management Science by Title
Now showing items 456-475 of 832
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Newspaper Differentiation and Investments in Journalism: The Role of Tax Policy
(Discussion paper;12/09, Working paper, 2009-11)Newspapers are considered to be important providers of information, culture and language, and are taxed at a reduced VAT rate in most countries. This paper shows that such a policy may a¤ect newspaper differentiation and ... -
Newspapers and Advertising: The Effects of Ad-Valorem Taxation under Duopoly
(Discussion paper, Working paper, 2007-01)Newspapers are two-sided platforms that sell their product both to readers and advertisers. Media firms in general, and newspapers in particular, are considered important providers of information, culture and language in ... -
Nodal pricing in a coupled electricity market
(Arbeidsnotat;27/14, Working paper, 2014-06)This paper investigates a pricing model for an electricity market with a hybrid congestion management method, i.e. part of the system applies a nodal pricing scheme and the rest applies a zonal pricing scheme. The model ... -
Non-linear anonymous pricing in combinatorial auctions
(Discussion paper, Working paper, 2005-08) -
Non-parametric estimation of conditional densities: A new method
(Discussion paper;22/16, Working paper, 2016-12-07)Let X = (X1,...,Xp) be a stochastic vector having joint density function fX(x) with partitions X1 = (X1,...,Xk) and X2 = (Xk+1,...,Xp). A new method for estimating the conditional density function of X1 given X2 is presented. ... -
The nonequivalence of the earnings and dividends approaches to equity valuation
(Discussion paper, Working paper, 2005-09)Accounting theory treats a wide class of equity valuation approaches as equivalent. For example, under clean surplus accounting, the earnings approach is viewed as identical to the discounted dividends approach. Empirical ... -
Norges selskapsbeskatning : globaliseringsutfordringer og EUs forslag om CCCTB
(Master thesis, 2012)I denne oppgaven har jeg sett på trenden i den norske selskapsbeskatningen. Jeg har ikke funnet noen tegn på at andelen norske selskaper med positiv betalbar skatt har en fallende trend, slik som er tilfelle i Danmark. Jeg ... -
Den norske formuesskatten : en analyse av skattens virkninger på små og mellomstore bedrifter
(Master thesis, 2013)Denne masterutredningen tar for seg formuesskattens virkninger på ikke-børsnoterte aksjeselskap hvor personlig eier har en eierandel på minimum 50 %. Ved hjelp av deskriptiv og empirisk analyse undersøker vi om formuesskatten ... -
Norwegian petroleum taxation : estimating the value of allowing companies to pledge tax allowances from investments on the Norwegian continental shelf
(Master thesis, 2017)As the Norwegian continental shelf is maturing, the interest from major international companies is falling. New and smaller players that will have to take over do not have the same credit ratings as the majors, and will ... -
A note on a barrier exchange option : the world’s simplest option formula?
(Discussion paper, Working paper, 2005-08)The paper analyzes a barrier exchange option that is knocked out the first time the two underlying assets have identical market values. Under rather general conditions regarding the price processes for the underlying assets, ... -
Now or Later? Trading wind power closer to real-time and how poorly designed subsidies lead to higher balancing costs
(Discussion papers;2013/01, Working paper, 2013-04)An important challenge facing many deregulated electricity markets is dealing with the increasing penetration of intermittent generation. Simulation studies have pointed to the advantages of trading closer to real-time ... -
Nøytralitet i vannkraftbeskatningen : virker grunnrenteskatten i Norge nøytralt på investeringsbeslutninger?
(Master thesis, 2017)For å i størst mulig grad oppnå samfunnsøkonomisk optimal ressursallokering, er nøytralitet i bedriftsbeskatningen en ønskelig egenskap. Grunnrente er en renprofitt som har sitt opphav i bruk av en begrenset naturressurs ... -
Oil Price Shocks and Stock Return Predictability
(Discussion paper;13/09, Working paper, 2009-11)Recent research has documented that oil price changes lead the aggregate market in most industrialized countries, and has argued that it represents an anomaly - an underreaction to information that investors can profit ... -
Oil Prices and the Renewable Energy Sector
(Discussion paper;15/17, Working paper, 2017-11-14)Energy security, climate change, and growing energy demand issues are moving up on the global political agenda, and contribute to the rapid growth of the renewable energy sector. In this paper we investigate the effects ... -
Omfanget av skyggeøkonomien: en oversikt over litteratur og metoder
(Master thesis, 2013)Skyggeøkonomiens eksistens fører til en rekke konsekvenser for både økonomi, arbeidsliv og politiske beslutninger. Forskere har i en årrekke forsøkt å få en oversikt over denne delen av økonomien, både når det gjelder ... -
On Farm Conservation of Crop Genetic Resource: Declining De Facto Diversity and Optimal Funding Strategy
(Journal article; Peer reviewed, 2015)Crop genetic resources (CGRs) are crucial natural resource which ensure food or livelihood security of billions of people today as well as ensure future agricultural innovations. However, the CGR diversity remaining in in ... -
On revenue and welfare dominance of ad valorem taxes in two-sided markets
(Discussion paper, Working paper, 2009-09)A benchmark result in public economics is that it is possible to increase both tax revenue and welfare by making a monopoly subject to ad valorem taxes rather than unit taxes. We show that such revenue and welfare ... -
On the approximation of Lévy driven Volterra processes and their integrals
(Journal article; Peer reviewed, 2019)Volterra processes appear in several applications ranging from turbulence to energy finance where they are used in the modelling of e.g.temperatures and wind and the related financial derivatives. Volterra processes are ... -
On the consistency of the Lucas pricing formula
(Discussion paper, Working paper, 2005-04)In order to find the real market value of an asset in an exchange economy, one would typically apply the formula appearing in Lucas (1978), developed in a discrete time framework. This theory has also been extended to ... -
On the Distributional Assumptions in the StoNED model
(Discussion paper;24/15, Working paper, 2015-09-17)In a recent paper Johnson and Kuosmanen (2011) propose a new, semi-parametric, general cost-frontier model, the stochastic nonparametric envelopment of data (StoNED). The model is semi-parametric in the sense that the ...