Now showing items 236-255 of 517

    • Market integration for natural gas in Europe 

      Asche, Frank; Osmundsen, Petter; Tveterås, Ragnar (Discussion paper, Working paper, 2000-09)
      In this paper we examine the degree of market integration in French gas imports. Are there substantial price differences between gas from different export countries, and do prices move together? Furthermore, we analyze to ...
    • Market power in a power market with transmission constraints 

      Bjørndal, Mette; Gribkovskaia, Victoria; Jörnsten, Kurt (Discussion papers;29/14, Working paper, 2014-06)
      In this paper we present a model for analysing the strategic behaviour of a generator and its short run implications on an electricity network with transmission constraints. The problem is formulated as a Stackelberg ...
    • Market Power Under Nodal and Zonal Congestion Management Techniques 

      Bjørndal, Endre; Bjørndal, Mette; Rud, Linda; Rahimi Alangi, Somayeh (Discussion paper;14/17, Working paper, 2017-11-07)
      Contrary to the common thought that nodal pricing provides more opportunities for a strategic player to exert market power than the zonal model, we show that in the latter one because of the need for re-dispatch or ...
    • A market-based approach to manage endangered species interactions 

      Kvamsdal, Sturla Furunes; Stohs, Stephen M. (Discussion paper, Working paper, 2010-09)
      An economic activity interacts with an endangered species. The activity can be divided into mutually exclusive strata with different levels of inter- action. Observing the activity in order to monitor interactions is ...
    • Markets do not select for a liquidity preference as behavior towards risk 

      Hens, Thorsten; Schenk-Hoppé, Klaus Reiner (Discussion paper, Working paper, 2003-10)
      Tobin (1958) has argued that in the face of potential capital losses on bonds it is reasonable to hold cash as a means to transfer wealth over time. It is shown that this assertion cannot be sustained taking into account ...
    • Markets With Memory: Dynamic Channel Optimization Models With Price-Dependent Stochastic Demand 

      Azad Gholami, Reza; Sandal, Leif K.; Ubøe, Jan (Discussion paper;8/19, Working paper, 2019-09-09)
      Almost every vendor faces uncertain and time-varying demand. Inventory level and price optimization while catering to stochastic demand are conventionally formulated as variants of newsvendor problem. Despite its ubiquity ...
    • Matematikk og statistikk som metodefag ved NHH: De første femti år 

      Lillestøl, Jostein (Discussion paper;7/18, Working paper, 2018-05-15)
      Denne rapporten gir en oversikt over utviklingen av matematikk og statistikk som metodefag i studiene ved Norges Handelshøyskole, fra starten i 1936 og 50 år framover til omlag 1986. Spesiell vekt er lagt på perioder da ...
    • MCMC analysis of diffusion models with application to finance 

      Eraker, Bjørn (Discussion paper, Working paper, 1998-03)
      In this paper a new method is proposed for estimation of parameters in diffusion processes from discrete observations. The proposed simulation based MCMC methodology applies to a wide class of models including systems with ...
    • Measuring financial contagion by local Gaussian correlation 

      Støve, Bård; Tjøstheim, Dag; Hufthammer, Karl Ove (Discussion paper, Working paper, 2010-09)
      This paper examines financial contagion, that is, whether the cross-market linkages in financial markets increases after a shock to a country. We introduce the use of a new measure of local dependence (introduced by ...
    • Measuring Market Power in Gasoline Retailing: A Market- or Station Phenomenon? 

      Nguyen-Ones, Mai; Steen, Frode (Discussion paper;4/18, Working paper, 2018-04-19)
      Applying detailed consecutive daily micro data at the gasoline station level from Sweden we estimate a structural model to uncover the degree of competition in the gasoline retail market. We find that retailers do exercise ...
    • Media firm strategy and advertising taxes 

      Kind, Hans Jarle; Koethenbuerger, Marko; Schjelderup, Guttorm (Discussion paper, Working paper, 2011-02)
    • Merger negotiations with stock market feedback 

      Betton, Sandra; Eckbo, B. Espen; Thompson, Rex; Thorburn, Karin S. (Discussion paper, Working paper, 2011-05)
    • Mergers and partial ownership 

      Foros, Øystein; Kind, Hans Jarle; Shaffer, Greg (Discussion paper, Working paper, 2010-12)
      In this paper we compare the profitability of a merger between two firms (one firm fully acquires another) and the profitability of a partial ownership arrangement between the same two firms in which the acquiring firm ...
    • A method for numerical and analytical solutions to a class of nonlinear optimal control problems 

      Sandal, Leif Kristoffer; Berge, Gerhard (Discussion paper, Working paper, 2004-02)
      Dynamic optimization problems cover a great class of problems in theoretical and applied economics and technology. In this account the exploitation of a general renewable capital stock is modeled through an alternative ...
    • A microeconomic approach to distance-deterrence functions in modeling journeys to work 

      Glenn, Paul; Thorsen, Inge; Ubøe, Jan (Discussion paper, Working paper, 2001)
      In this paper we suggest a microeconomic model for how commuting flows relate to traveling distance. Commuting is the preferred choice of a worker whenever he can obtain an increase in wages greater than the cost of ...
    • Missing in Action? Speed optimization and slow steaming in maritime shipping 

      Assmann, Lisa; Andersson, Jonas; Eskeland, Gunnar S. (Discussion paper;13/15, Working paper, 2015-03-12)
      This paper analyzes the claim, made by both academics and by industry insiders, that vessels speed up under conditions of high freight rates and low bunker prices. The rationale for the claim is that a ship should move ...
    • Misspecifications due to aggregation of data in models for journeys-to-work 

      Gitlesen, Jens Petter; Thorsen, Inge; Ubøe, Jan (Discussion paper, Working paper, 2004-10)
      In this paper we develop a new simulation procedure that can be used to examine validity of model extensions. Our testing regime is carried out on a number of different trip distribution models. We test the models on ...
    • Mixed contracts for the newsvendor problem with real options 

      Jörnsten, Kurt; Nonås, Sigrid Lise; Sandal, Leif Kristoffer; Ubøe, Jan (Discussion paper, Working paper, 2011-04)
    • Mixed Member Proportional with faithful accounting 

      Stensholt, Eivind (Discussion paper;5/21, Working paper, 2021-03-15)
      With present (2021) tally rules, the number of seats in the Bundestag is highly volatile. In 2017 it got 709 seats, 111 of them extra-ordinary. The rules may double the influence of a voter who splits the ballot, contrary ...
    • Mixed Member Proportional; equal influence and assembly size 

      Stensholt, Eivind (Discussion paper;10/20, Working paper, 2020-08-31)
      With the present (2020) tally rules, the number of seats in the Bundestag is highly volatile. In 2017 it got 709 seats, 111 of them extra-ordinary. The tally rules may double the influence of a voter who splits the vote; ...