Blar i Discussion papers (FOR) på tittel

Viser treff 340-359 av 564

    • Optimal Taxation with Multiple Incomes and Types 

      Spiritus, Kevin; Lehmann, Etienne; Renes, Sander; Zoutman, Floris T. (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 

      Ni, Yuanming (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 

      Velez, Andres; Wallace, Stein W. (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 

      Flisberg, Patrik; Nilsson, Stefan; Rönnqvist, Mikael (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 

      Babri, Sahar; McArthur, David Philip; Thorsen, Inge; Ubøe, Jan (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 

      Eckbo, B. Espen; Thorburn, Karin S. (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 

      Leite, Tore (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 ...

    • Paradoxes in networks supporting competitive electricity markets 

      Bjørndal, Mette; Jörnsten, Kurt (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 

      Aase, Knut K. (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 

      Haus, Axel; Juranek, Steffen (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 

      Lillestøl, Jostein; Ubøe, Jan; Rønsen, Yngve; Hjortdahl, Per (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 ...

    • Peak price hours in the Nordic power market winter 2009/2010: effects of pricing, demand elasticity and transmission capacities 

      Gribkovskaia, Victoria (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 ...

    • Performance sensitive debt - investment and financing incentives 

      Myklebust, Tor Åge (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 

      Aase, Knut K. (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 ...

    • The perpetual American put option for jump-diffusions with applications 

      Aase, Knut K. (Discussion paper, Working paper, 2005-11)
      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 ...

    • Perspectives of risk sharing 

      Aase, Knut K. (Discussion paper, Working paper, 2000-05)
      In this paper we present an overview of the standard risk sharing model of insurance. We discuss and characterize a competitive equilibrium, Pareto optimality, and representative agent pricing, including its implications ...

    • A perturbation approach on a class of optimal control problems, unifying the pontryagin and dynamic programming approach 

      Sandal, Leif Kristoffer; Berge, Gerhard (Discussion paper, Working paper, 2000-06)
      This article consider special ways of solving time dependent (non-autonomous) systems. Different types of time-dependent Optimal Control Problems in the setting of a Hamiltonian Formulation, are considered and the emphasis ...

    • Pervasive liquidity risk 

      Eckbo, B. Espen; Norli, Øyvind (Discussion paper, Working paper, 2002-11)
      While there is no equilibrium framework for defining liquidity risk per se, several plausible arguments suggest that liquidity risk is pervasive and thus may be priced. For example, market frictions increase the cost of ...

    • Playing Easy or Playing Hard to Get: When and How to Attract FDI 

      Gresik, Thomas A.; Schindler, Dirk; Schjelderup, Guttorm (Discussion paper;7/20, Working paper, 2020-06-30)
      We study the link between a country’s institutional quality in tax collection and its optimal corporate tax policies in a model of heterogeneous multinationals that can shift income using both debt and transfer prices. ...

    • Pollution decay, consumer awareness and optimal carbon taxes 

      Sandal, Leif Kristoffer; Steinshamn, Stein Ivar (Discussion paper, Working paper, 2004-02)
      The effects of non-linear decay and consumer preferences are analyzed in a setting where optimal extraction of non-renewable resources is combined with stock externalities. The control is exercised via a corrective tax and ...