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What Do You Buy When No One’s Watching? The Effect of Self-Service Checkouts on the Composition of Sales in Retail
(Discussion paper;3/18, Working paper, 2018-03-16)Buying items that are unhealthy or are of a private nature may carry a stigma and cause embarrassment. I analyze whether the anonymity provided by self-service checkouts changes customers' shopping patterns in grocery ... -
What Happened in Burlington?
(Discussion paper;26/15, Working paper, 2015-10-07)Three visualization techniques illustrate the distribution of electoral preferences over a candidate triple. Two of them, introduced here, concern an IRV tally. The conditions that may allow the “pushover strategy” and ... -
What happens when it's windy in Denmark?: an empirical analysis of wind power on price volatility in the Nordic electricity market
(Discussion paper, Working paper, 2010-12)This paper attempts to empirically test the effect that wind power production in Denmark has on volatility of the nord-pool wholesale electricity prices. The main result is that wind power tends to significantly reduce ... -
What is wrong with IRV?
(Discussion paper;13/18, Working paper, 2018-10-22)Struggles over the single-seat preferential election method IRV, Instant Runoff Voting, (a.k.a. AV, Alternative Vote or RCV, Ranked-Choice Voting) go on in many arenas: legislatures, courts, websites, and scholarly ... -
What puzzles? : new insights in asset pricing
(Discussion paper;2012:13, Working paper, 2012-11)Motivated by the problems of the conventional model in rationalizing izing market data, we derive the equilibrium interest rate and risk premiums using recursive utility in continuous time. In a representative- agent ... -
When a price is enough : implementation in optimal tax design
(Discussion paper;32/14, Working paper, 2014-09)This paper studies the design of tax systems that implement a planner's secondbest allocation in a market economy. An example shows that the widely used Mirrleesian (1976) tax system cannot implement all incentive-compatible ... -
When is it better to wait for a new version? : optimal replacement of an emerging technology under uncertainty
(Discussion papers;26/14, Working paper, 2014-06)We determine the optimal timing for replacement of an emerging technology facing uncertainty in both the output price and the arrival of new versions. Via a sequential investment framework, we determine the value of the ... -
Zonal pricing in a deregulated electricity market
(Discussion paper, Working paper, 1999)In the deregulated Norwegian electricity market a zonal transmission pricing system is used to cope with network capacity problems. In this paper we will illustrate some of the problems that the zonal pricing system, as ...