• Rethinking how to support intermittent renewables 

      Narbel, Patrick A. (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 

      Ubøe, Jan; Lillestøl, Jostein (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 

      Jörnsten, Kurt; Thorsen, Inge; Ubøe, Jan (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 

      Bjørndal, Mette; Jörnsten, Kurt (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 

      Kvaløy, Ola; Olsen, Trond E. (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 

      Haug, Jørgen; Hens, Thorsten; Wöhrmann, Peter (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 

      Chollete, Lorán; Næs, Randi; Skjeltorp, Johannes A. (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 

      Hvide, Hans K.; Kristiansen, Eirik Gaard (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 

      Juranek, Steffen; Schindler, Dirk; Schneider, Andrea (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 

      Andersson, Gert; Flisberg, Patrik; Lidén, Bertil; Rönnqvist, Mikael (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 

      Lillestøl, Jostein (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 

      Lillestøl, Jostein (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 

      Gu, Yewen; Wallace, Stein W. (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 ...
    • Searching for optimal integer solutions to set partitioning problems using column generation 

      Bredström, David; Jörnsten, Kurt; Rönnqvist, Mikael (Discussion paper;20/07, Working paper, 2007-08)
      We describe a new approach to produce integer feasible columns to a set partitioning problem directly in solving the linear programming (LP) relaxation using column generation. Traditionally, column generation is aimed ...
    • Seasonality matters: a multi-season, multi-state dynamic optimization in fishery 

      Ni, Yuanming; Sandal, Leif K. (Discussion paper;2/18, Working paper, 2018-02-12)
      Many biological and economic processes in fishery happen seasonally. Most of the extant literature tends to neglect this fact. This work is an initial attempt to treat seasonality in a systematic and proper way. We apply ...
    • Seasoned public offerings: Resolution of the "new issues puzzle" 

      Eckbo, Espen B.; Masulis, Ronald W.; Norli, Øyvind (Discussion paper;09/98, Working paper, 1998)
      The `new issues puzzle' is that stocks of common stock issuers subsequently underperform non- issuers matched on size and book-to-market ratio. With 7,000+ seasoned equity and debt issues, we document that issuer ...
    • Secrecy Jurisdictions 

      Schjelderup, Guttorm (Discussion paper;12/15, Working paper, 2015-03-10)
      This paper surveys tax haven legislation and links the literature on tax havens to the literature on asymmetric information. I argue that the core aim of tax haven legislation is to create private information (secrecy) ...
    • Segmentation and pricing behavior in a market for certification 

      Hvide, Hans K. (Discussion paper, Working paper, 2002-11)
      The paper offers a simple theory of pricing behavior in certification markets. The basis for the theory is that certifiers offer differentiated tests; for an object of given quality it may be more difficult to pass the ...
    • Sequential Investment in Emerging Technologies under Policy Uncertainty 

      Sendstad, Lars Hegnes; Chronopoulos, Michail (Discussion paper;10/16, Working paper, 2016-06-14)
      Investment in emerging technologies is particularly challenging, since, apart from uncertainty in revenue streams, firms must also take into account both policy uncertainty and the random arrival of innovations. We assume ...
    • Shapley-Based Stackelberg Leadership Formation in Networks 

      Belik, Ivan; Jörnsten, Kurt (Discussion paper;16/15, Working paper, 2015-04-10)
      In the given research we study a leadership formation of the most influential nodes in networks. Specifically, we analyze the competition between a leader and a follower based on the Stackelberg leadership model. Applying ...