Blar i Discussion papers (FOR) på tittel
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Relational Contracting, Negotiation, and External Enforcement
(Discussion paper;8/18, Working paper, 2018-05-18)We study relational contracting and renegotiation in environments with external enforcement of long-term contractual arrangements. An external, long-term contract governs the stage games the contracting parties will play ... -
Relational Incentive Contracts and Performance Measurement
(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
(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
(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
(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 ... -
Replication/prediction problems in the journey-to-work
(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
(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 ... -
Rethinking how to support intermittent renewables
(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 ... -
Revelation of preferences in patient list data
(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
(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
(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 ... -
The rise of individual performance pay
(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 ... -
Risk aversion in the large and in the small
(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
(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
(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 ... -
Royalty Taxation under Profit Shifting and Competition for FDI
(Discussion paper;11/20, Working paper, 2020-09-09)Multinational corporations increasingly use royalty payments for intellectual property rights to shift profits globally. This threatens not only the tax base of countries worldwide, it also affects the nature of competition ... -
RuttOpt : a decision support system for routing of logging trucks
(Discussion paper, Working paper, 2007)We describe the decision support system RuttOpt, which is developed for scheduling logging trucks in the Swedish forest industry. The system is made up of a number of modules. One module is the Swedish road database NVDB ... -
Sample statistics as convincing evidence: A tax fraud case
(Discussion paper;12/18, Working paper, 2018-09-25)This report deals with the analysis of data used by tax officers to support their claim of tax fraud at a pizzeria. The possibilities of embezzlement under study are overreporting of take-away sales and underreporting of ... -
Sampling risk evaluations in a tax fraud case: Some modelling issues
(Discussion paper;5/20, Working paper, 2020-05-13)This work is a follow-up to Lillestøl (2019). The context is the use of sample data to support claims of tax fraud at eateries, where the possibilities of embezzlement are overreporting of take-away sales and underreporting ... -
Scrubber: a potentially overestimated compliance method for the Emission Control Areas - The importance of involving a ship's sailing pattern in the evaluation
(Discussion paper;13/17, Working paper, 2017-10-30)Different methods for sulphur emission reductions, available to satisfy the latest Emission Control Areas (ECA) regulations, may lead to different sailing patterns (route and speed choices of a vessel) and thus have ...