• Teams and Tournaments in Relational Contracts 

      Kvaløy, Ola; Olsen, Trond E. (Discussion paper;13/13, Working paper, 2013-12)
      This paper analyses and compares optimal relational contracts be- tween a principal/firm and a set of agents when (a) only aggregate out- put can be observed, and (b) individual outputs can be observed. We show that the ...
    • Teams in Relational Contracts 

      Kvaløy, Ola; Olsen, Trond E. (Discussion paper;23/16, Working paper, 2016-12-16)
      We analyze relational contracting between a principal and a team of agents where only aggregate output is observable. We deduce optimal team incentive contracts under di¤erent set of assumptions, and show that the principal ...
    • Technological change in renewable resource industries: an alternative 

      Kvamsdal, Sturla Furunes (Discussion paper;2012:14, Working paper, 2012-12)
      I set forth a generalized stochastic time trend approach, based upon the Kalman filter, as an alternative to the general index approach to measure technological change. Technology is treated as a latent variable in a ...
    • Testing for Granger causality in the presence of measurement errors 

      Andersson, Jonas (Discussion paper, Working paper, 2004-09)
      In this paper a potential problem with tests for Granger-causality is investigated. If one of the two variables under study, but not the other, is measured with error the consequence is that tests of forecastablity of the ...
    • The Analysis of Leadership Formation in Networks Based on Shapley Value 

      Belik, Ivan; Jörnsten, Kurt (Discussion paper;02/15, Working paper, 2015-01-09)
      In the given research we analyse how an agent can move towards leadership in a socio-economic network. For the node’s (i.e., agent’s) importance measure we use the Shapley value (SV) concept from the area of cooperative ...
    • The analysis of split graphs in social networks based on the K-Cardinality assignment problem 

      Belik, Ivan (Discussion paper;08/14, Working paper, 2014-02)
      In terms of social networks, split graphs correspond to the variety of interpersonal and intergroup relations. In this paper we analyse the interaction between the cliques (socially strong and trusty groups) and the ...
    • The coauthorship network analysis of the BI Norwegian business school 

      Belik, Ivan; Jörnsten, Kurt (Discussion papers;31/14, Working paper, 2014-07)
      We construct the coauthorship network based on the scientific collaboration between the faculty members at the Norwegian Business School (BI) and based on their international academic publication experience. The network ...
    • The coauthorship network analysis of the Norwegian school of economics 

      Belik, Ivan; Jörnsten, Kurt (Discussion papers;20/14, Working paper, 2014-05)
      We construct the coauthorship network based on the scientific collaboration between the faculty members at the Norwegian School of Economics (NHH) and based on their international academic publication experience. The ...
    • The comparative analysis of the NHH and BI networks 

      Belik, Ivan; Jörnsten, Kurt (Discussion paper;34/14, Working paper, 2014-09)
      Based on the co-authorship networks of the Norwegian School of Economics (NHH) and the BI Norwegian Business School we present a comparative analysis in terms of structures, collaborations and publications. The networks’ ...
    • 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 effect of capital taxes on household's portfolio composition and intertemporal choice : evidence from the Dutch 2001 capital income tax reform 

      Zoutman, Floris T. (Discussion papers;23/14, Working paper, 2014-06)
      This paper estimates the effect of capital taxation on portfolio composition and savings using quasi- experimental variation generated by the Dutch 2001 capital tax reform. The reform drove a wedge between the taxation ...
    • The effect of oil prices on offshore production : evidence from the Norwegian continental shelf 

      Mauritzen, Johannes (Discussion paper;07/14, Working paper, 2014-02)
      I use detailed field-level data on Norwegian o↵-shore oil field production and a semi-parametric additive model to control for the production profile of fields to estimate the e↵ect of oil prices on production. I find ...
    • The Effect of Tax Havens on Host Country Welfare 

      Gresik, Thomas A.; Schindler, Dirk; Schjelderup, Guttorm (Discussion paper;19/15, Working paper, 2015-04-24)
      Multinational corporations can shift income into low-tax countries through transfer pricing and debt financing. While most developed countries use thin capitalization rules to limit the extent to which a subsidiary can ...
    • The Effects of a Day Off from Retail Price Competition: Evidence on Consumer Behavior and Firm Performance in Gasoline Retailing 

      Foros, Øystein; Nguyen, Mai Thi; Steen, Frode (Discussion paper;9/17, Working paper, 2017-07-06)
      First, we analyze how regular days off from competition and a time-dependent price pattern affect firm performance. Second, we examine the effects on firms' profitability from consumers’ changing search- and timing behavior. ...
    • 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 equity premium in a production economy; A new perspective involving recursive utility 

      Aase, Knut K. (Discussion paper;15/15, Working paper, 2015-04-10)
      We study a rational expectations' competitive equilibrium in a production economy, i.e., a system of prices at which firms' profit maximizing production decisions and individuals' preferred affordable consumption choices ...
    • The Flow-Based Market Coupling Model and the Bidding Zone Configuration 

      Bjørndal, Endre; Bjørndal, Mette; Cai, Hong (Discussion paper;15/18, Working paper, 2018-10-24)
      In May 2015, the Flow-Based Market Coupling (FBMC) model replaced the Available Transfer Capacity (ATC) model in Central Western Europe to determine the power transfer among bidding zones in the day-ahead market. It might ...
    • The Green Paradox and learning by doing 

      Hannesson, Rögnvaldur (Discussion paper;17/18, Working paper, 2018-12-13)
      Production of a renewable substitute to fossil fuels is modeled as causing the cost of this backstop technology to fall over time in proportion to the scale of the substitute production and how long it has been in use. The ...
    • The Impact of Bunker Risk Management on CO2 Emissions in Maritime Transportation Under ECA Regulation 

      Gu, Yewen; Wallace, Stein W.; Wang, Xin (Discussion paper;17/16, Working paper, 2016-11-16)
      The shipping industry carries over 90 percent of the world’s trade, and is hence a major contributor to CO2 and other airborne emissions. As a global effort to reduce air pollution from ships, the implementation of the ECA ...
    • The impact of international tax information exchange agreements on the use of tax amnesty: evidence from Norway 

      Andersson, Jonas; Schroyen, Fred; Torsvik, Gaute (Discussion paper;12/19, Working paper, 2019-10-04)
      In this paper we develop a model for tax amnesty applications in a multi-period setting. One key insight from the model is that applying for amnesty becomes more attractive at the moment when stricter enforcement is ...