Browsing Department of Business and Management Science by Title
Now showing items 507-526 of 831
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The optimal spending rate versus the expected real return of a sovereign wealth fund
(Discussion paper;1/21, Working paper, 2021-02-04)We consider a sovereign wealth fund that invests broadly in the international financial markets. The influx to the fund has stopped. We adopt the life cycle model and demonstrate that the optimal spending rate from the ... -
Optimal Taxation with Multiple Incomes and Types
(Discussion paper;3/22, Working paper, 2022-01-24)We analyze the optimal nonlinear income tax schedule when taxpayers earn multiple in comes and differ along many unobserved dimensions. We derive the necessary conditions for the government’s optimum using both a tax ... -
Optimization of age-structured bioeconomic model: recruitment, weight gain and environmental effects
(Discussion paper;4/19, Working paper, 2019-09-03)More and more fishery researchers begin to acknowledge that one-dimensional biomass models may omit key information when generating management guidelines. For the more complicated age-structured models, numerous parameters ... -
Optimization-based Evacuation on Cruise Vessels Using Two-way Communication
(Discussion paper;16/23, Working paper, 2023-10-31)We study the evacuation of large cruise vessels under hazardous conditions. Based on a new sensor mesh technology, allowing wire-less two-way communication also when electricity is lost, we propose an optimization-based ... -
Optimized on-line process control of bleaching operations with OptCab
(Discussion paper, Working paper, 2007)To produce pulp for paper production or as market pulp is a complicated on-line process with many integrated stages that impact the final quality. In the bleaching plant which is at the end of pulp production, the main ... -
Optimum congestion pricing in a complex network
(Doctoral dissertation;04/13, Working paper, 2013-05)Road tolls are a well established way of dealing with problems of con- gestion. Over recent years, the literature has expanded to take account of how congestion charges might interact with imperfections in other mar- kets. ... -
Overbidding vs fire-sales in bankruptcy auctions
(Discussion paper, Working paper, 2002-06)We analyze bidding incentives of the main creditor (bank) in Swedish bankruptcy auctions. Absent a direct mechanism for enforcing its seller reservation price, the bank offers financing to a potential bidder in return for ... -
Overpricing (and underpricing) in IPOs : a model of excess initial returns
(Discussion paper, Working paper, 2000-12)This paper develops a model in which new issues, in equilibrium, may be overpriced or underpriced, depending on parameter values. The ability of an investor to withdraw from the offering upon observing unfavorable information ... -
Overskuddsflytting blant flernasjonale selskaper i Norge : en empirisk studie på norske data og analyse av Huizinga og Laeven (2008)
(Master thesis, 2014)I denne masterutredningen undersøker vi omfanget av overskuddsflytting blant flernasjonale selskaper i Norge for perioden 2006-2012, og vi analyserer Huizinga og Laeven (2008) sin modell for overskuddsflytting. Vi tar ... -
Overskuddsflytting ved bruk av internprismanipulasjon blant flernasjonale selskaper i Norge - En empirisk analyse på norske data
(Master thesis, 2015)I denne masterutredningen undersøker vi om flernasjonale selskaper som opererer i Norge flytter overskudd ved å manipulere internprisene. Vi gjør dette gjennom å sammenligne profitabiliteten til flernasjonale og nasjonale ... -
Overskuddsflytting ved internprismanipulasjon i norske flernasjonale foretak
(Master thesis, 2012)Denne oppgaven har som formål å avdekke omfanget og drivere for overskuddsflytting gjennom internprismanipulasjon blant norske flernasjonale foretak. Vi tar utgangspunkt i studien til Balsvik et al. fra 2009 som studerer ... -
Paradoxes in networks supporting competitive electricity markets
(Discussion paper, Working paper, 2000)Grid investments are normally done in electrical networks in order to achieve a well functioning integrated electricity market and/or making the network more secure, i.e. less sensitive to link failures. In general, there ... -
Pareto optimal insurance policies in the presence of administrative costs
(Discussion paper, Working paper, 2010-08)In his classical article in The American Economic Review, Arthur Raviv (1979) examines Pareto optimal insurance contracts when there are ex-post insurance costs c induced by the indemnity I for loss x. Raviv’s main ... -
Patent trolls, litigation and the market for innovation
(Discussion papers;24/14, Working paper, 2014-06)We examine the role of non-practicing entities (NPEs), often called patent trolls, in patent litigation. We present a theoretical model that predicts that cases with NPE patentees resolve faster. We test this prediction ... -
Patient allocations according to circumstances and preferences: Modelling based on the Norwegian patient list system
(Discussion paper, Working paper, 2006-12)In some countries every citizen has the right to obtain a designated general practitioner. However, each individual may have preferences that cannot be fulfilled due to shortages of some kind. The questions raised in this ... -
Patient allocations in general practice in case of patients' preferences for gender of doctor and their unavailability
(Journal article; Peer reviewed, 2011)Background: In some countries every citizen has the right to obtain a designated general practitioner. However, each individual may have preferences that cannot be fulfilled due to shortages of some kind. The questions ... -
Peak price hours in the Nordic power market winter 2009/2010: effects of pricing, demand elasticity and transmission capacities
(Discussion paper;09/15, Working paper, 2015-02-13)The Nordic electricity market experienced extremely high prices during the winter 2009/2010. Using real data from the peak price hours the zonal solution from the Nordic market is replicated and compared to the nodal price ... -
Perceived mortality and perceived morality: Perceptions of value-orientation are more likely when a decision is preceded by a mortality reminder
(Journal article; Peer reviewed, 2016)The questions addressed in this paper are whether and how reported mortality reminders can function as an indication of sincerity when communicating ambiguously motivated decisions. In two experiments, ... -
Performance sensitive debt - investment and financing incentives
(Discussion paper;2012:7, Working paper, 2012-06)Performance sensitive debt (PSD) contracts link the paid coupon to a measure of firm performance. PSD contracts are widely used, especially as corporate bank loans. In a model where a firm has assets in place and the ... -
The perpetual American put option for jump-diffusions : implications for equity premiums
(Discussion paper, Working paper, 2004-12)In this paper we solve an optimal stopping problem with an infinite time horizon, when the state variable follows a jump-diffusion. Under certain conditions our solution can be interpreted as the price of an American ...