Blar i Discussion papers (FOR) på emneord "VDP::Social science: 200::Economics: 210::Business: 213"

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    • The decision to scrap a wind turbine : opportunity cost, timing and policy 

      Mauritzen, Johannes (Discussion paper;2011:17, Working paper, 2011-09)
      This paper attempts to empirically identify the key factors involved in the decision to scrap a wind turbine using data from Denmark. The importance of the opportunity cost of operating an older wind turbine is shown to ...

    • The ensemble Kalman filter in bioeconomics 

      Kvamsdal, Sturla Furunes; Sandal, Leif Kristoffer (Discussion paper;2012:5, Working paper, 2012-05)
      We demonstrate the power of the Ensemble Kalman Filter in specifying ecosystem models ideal for bioeconomic analysis. Bioeconomic analysis requires models to be relatively simple, but models must still capture the nature ...

    • The tenuous relationship between effort and performance pay 

      Kvaløy, Ola; Olsen, Trond E. (Discussion paper;2012:8, Working paper, 2012-06)
      When a worker is offered performance related pay, the incentive effect is not only determined by the shape of the incentive contract, but also by the probability of contract enforcement. We show that weaker enforcement ...

    • Using bank mergers and acquisitions to understand lending relationships 

      Hetland, Ove Rein; Mjøs, Aksel (Discussion paper;2011:13, Working paper, 2011-08)
      We study how firm-bank lending relationships affect firms' access to and terms of credit. We use bank mergers and acquisitions (M&As) as exogenous events that affect lending relationships. Bank M&As lead to organisational ...

    • What puzzles? : new insights in asset pricing 

      Aase, Knut K. (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 ...