• Relational Incentive Contracts and Performance Measurement 

      Chi, Chang Koo; Olsen, Trond E. (Discussion paper;6/18, Working paper, 2018-04-30)
      This paper analyzes relational contracts under moral hazard. We first show that if the available information (signal) about effort satisfies a generalized monotone likelihood ratio property, then irrespective of whether ...
    • Relational incentive contracts for teams of multitasking agents 

      Kvaløy, Ola; Olsen, Trond E. (Discussion paper;10/23, Working paper, 2023-06-30)
      We analyze optimal relational contracts for a group (team) of multitasking agents with hidden actions. Contracts are based on noisy signals that may be correlated across agents and between tasks. The optimal contract defines ...
    • Relationship-specificity, bargaining power, growth, and firm performance 

      Bragelien, Iver; Impink, Joost (Discussion paper;04/14, Working paper, 2014-02)
      We investigate the relevance of relationship-specificity in explaining firm performance and firm value. First, we use an incomplete contracts model to derive hypotheses on how relationship-specificity interacts with ...
    • Relative performance evaluation, agent hold-up and firm organization 

      Kvaløy, Ola; Olsen, Trond E. (Discussion paper, Working paper, 2007-07)
      We analyze a situation where common noise makes compensation based on relative performance evaluation (RPE) desirable, but where the agents' ability to hold-up values ex post obstruct the implementation of optimal RPE ...
    • Rentebegrensningsregelen: en analyse av hvordan IKEA og Statkraft berøres av regelen 

      Solem, Anne Cathrine; Stemsrud, Olaug Risting (Master thesis, 2015)
      I de senere år har norske medier og myndigheter økt fokuset på multinasjonale selskapers skatteplanlegging. Multinasjonale selskap kan redusere sin skattebelastning ved å flytte overskudd fra land med høy skattesats til ...
    • Replication/prediction problems in the journey-to-work 

      Jörnsten, Kurt; Thorsen, Inge; Ubøe, Jan (Discussion paper, Working paper, 2002)
      In this paper we will consider gravity models for journeys-to-work. In applications of the theory it is sometimes assumed that the parameters in such models are fixed. We will provide examples to show that this is not ...
    • Representation of preferences á la Savage with a general probability measure 

      Aase, Knut K. (Discussion paper, Working paper, 2001-10)
      This paper addresses two weaknesses of the subjective expected utility representation of Savage: The first is that the resulting subjective probability measure P is atomless only, the second is that P is only finitely ...
    • Representations of Uncertainty for Decision Modelling 

      Narum, Benjamin (Doctoral thesis, 2024-05)
      First and foremost, I would like to express my sincere gratitude to my supervisors Stein W. Wallace, Julio C. Goez and Francesca Maggioni. I would also like to extend my thanks to my co-authors Jamie Fairbrother and Geir ...
    • Rethinking how to support intermittent renewables 

      Narbel, Patrick A. (Discussion paper;17/14, Working paper, 2014-04)
      Intermittent renewable energy sources, including solar and wind power, typically remain more expensive than conventional power sources. As a consequence, few intermittent power projects would have been deployed if speci ...
    • Returprovisjoner – et samfunnsproblem? : en utforskende studie om returprovisjonsavtaler i den norske turistnæringen 

      Oseland, Sigmund; Aalerud, Espen (Master thesis, 2017)
      Denne oppgaven ser på hvorfor norske turistbutikker inngår returprovisjonsavtaler med turistguider, hvordan bruken av returprovisjonsavtaler påvirker konkurrenter og turister, og om det er behov for ytterligere regulering ...
    • Revelation of preferences in patient list data 

      Ubøe, Jan; Lillestøl, Jostein (Discussion paper, Working paper, 2007)
      In this paper we will show how the patient list model in Ubøe & Lillestøl (2007) can be used to infer strength of preferences from patient list data. We prove that we can construct unique sets of preferences that replicates ...
    • Revelation of preferences in trip distribution models 

      Jörnsten, Kurt; Thorsen, Inge; Ubøe, Jan (Discussion paper, Working paper, 2007)
      In this paper we will see how commuter preferences can be revealed from observations of trip distributions. We will explain how to find unique representations of preference structures leading to an observed trip distribution, ...
    • Revenue cap regulation in a deregulated electricity market : effects on a grid company 

      Bjørndal, Mette; Jörnsten, Kurt (Discussion paper, Working paper, 2001)
      In Norway, an incentive-based regulation of electricity distribution companies, based on revenue caps, was introduced in 1997. The revenues are adjusted annually, and the new revenue cap is determined on the basis of last ...
    • Revisor som samfunnets tillitsmann : gjør revisor en dårligere jobb med å avdekke korrupsjon, desto lavere risiko for å møte konsekvenser? 

      Hagelund, Emma Claire; Sandvik, Janecke Ramstad (Master thesis, 2016)
      Revisor har en sentral rolle i kampen mot økonomisk kriminalitet og fungerer som samfunnets tillitsmann. Det fremgår av lovgivning, forskrifter og revisjonsstandardene at revisor skal utføre revisjonen etter beste skjønn, ...
    • The rise of individual performance pay 

      Kvaløy, Ola; Olsen, Trond E. (Discussion paper, Working paper, 2006-07)
      Why does individual performance pay seem to prevail in human-capital-intensive industries where teamwork is so common? We present a model that aims to explain this. In a repeated game model of relational contracting, we ...
    • Risikopremier, realrenten og optimal konsum og porteføljeteori: Hva er problemet? 

      Aase, Knut Kristian (Journal article; Peer reviewed, 2017)
      Vi demonstrerer hvordan rekursive preferanser kan anvendes i økonomisk modellering, der kombinasjon av tid og usikkerhet er vesentlige elementer. Additiv og separerbar forventet nytteteori har vært den vanlige grunnpillaren ...
    • Risk aversion in the large and in the small 

      Haug, Jørgen; Hens, Thorsten; Wöhrmann, Peter (Discussion paper;2011:12, Working paper, 2011-06)
      Estimates of agents' risk aversion differ between market studies and experimental studies. We demonstrate that the estimates can be reconciled through consistent treatment of agents' tendency for narrow framing, regarding ...
    • The risk components of liquidity 

      Chollete, Lorán; Næs, Randi; Skjeltorp, Johannes A. (Discussion paper, Working paper, 2008-03)
      Does liquidity risk differ depending on our choice of liquidity proxy? Unlike literature that considers common liquidity variation, we focus on identifying different components of liquidity, statistically and economically, ...
    • Risk taking in selection contests 

      Hvide, Hans K.; Kristiansen, Eirik Gaard (Discussion paper, Working paper, 2000-11)
      We study selection contests in which the strategic variable is degree of risk rather than amount of effort. The selection efficiency of such contests is examined. We show that the selection efficiency of a contest may be ...