• Weight functions and sign regularity 

      Manne, Per Erik; Tungodden, Bertil (Discussion paper, Working paper, 1999-03)
      We examine the question of how the ranking between different distributions with respect to a one-parameter family of weight functions depend on the parameter. We argue that in this context sign regularity of the family of ...
    • Welfare Effect of Closing Loopholes in the Dividend-Withholding Tax: The Case of Cum-cum and Cum-ex Transactions 

      Casi, Elisa; Gavrilova, Evelina; Murphy, David; Zoutman, Floris T. (Discussion paper;7/22, Working paper, 2022-02-22)
      We study the effect of reforms that close loopholes in the enforcement of the dividend withholding tax (DWT). We focus on a Danish reform enacted in 2016, and compare Denmark to its Nordic neighbors. Our main outcome of ...
    • The welfare effects of tax competition reconsidered : politicians and political institutions 

      Janeba, Eckhard; Schjelderup, Guttorm (Discussion paper, Working paper, 2008-10)
      The views on the welfare effects of tax competition differ widely. Some see the fiscal externalities as the cause for underprovision of public goods, while others see tax competition as means to reduce government inefficiencies. ...
    • What Do You Buy When No One’s Watching? The Effect of Self-Service Checkouts on the Composition of Sales in Retail 

      Olden, Andreas (Discussion paper;3/18, Working paper, 2018-03-16)
      Buying items that are unhealthy or are of a private nature may carry a stigma and cause embarrassment. I analyze whether the anonymity provided by self-service checkouts changes customers' shopping patterns in grocery ...
    • What Happened in Burlington? 

      Stensholt, Eivind (Discussion paper;26/15, Working paper, 2015-10-07)
      Three visualization techniques illustrate the distribution of electoral preferences over a candidate triple. Two of them, introduced here, concern an IRV tally. The conditions that may allow the “pushover strategy” and ...
    • What happens when it's windy in Denmark?: an empirical analysis of wind power on price volatility in the Nordic electricity market 

      Mauritzen, Johannes (Discussion paper, Working paper, 2010-12)
      This paper attempts to empirically test the effect that wind power production in Denmark has on volatility of the nord-pool wholesale electricity prices. The main result is that wind power tends to significantly reduce ...
    • What is wrong with IRV? 

      Stensholt, Eivind (Discussion paper;13/18, Working paper, 2018-10-22)
      Struggles over the single-seat preferential election method IRV, Instant Runoff Voting, (a.k.a. AV, Alternative Vote or RCV, Ranked-Choice Voting) go on in many arenas: legislatures, courts, websites, and scholarly ...
    • What puzzles? : new insights in asset pricing 

      Aase, Knut K. (Discussion paper;2012:13, Working paper, 2012-11)
      Motivated by the problems of the conventional model in rationalizing izing market data, we derive the equilibrium interest rate and risk premiums using recursive utility in continuous time. In a representative- agent ...
    • When a price is enough : implementation in optimal tax design 

      Rennes, Sander; Zoutman, Floris T. (Discussion paper;32/14, Working paper, 2014-09)
      This paper studies the design of tax systems that implement a planner's secondbest allocation in a market economy. An example shows that the widely used Mirrleesian (1976) tax system cannot implement all incentive-compatible ...
    • When is it better to wait for a new version? : optimal replacement of an emerging technology under uncertainty 

      Chronopoulos, Michail; Siddiqui, Afzal (Discussion papers;26/14, Working paper, 2014-06)
      We determine the optimal timing for replacement of an emerging technology facing uncertainty in both the output price and the arrival of new versions. Via a sequential investment framework, we determine the value of the ...
    • Zonal pricing in a deregulated electricity market 

      Bjørndal, Mette; Jörnsten, Kurt (Discussion paper, Working paper, 1999)
      In the deregulated Norwegian electricity market a zonal transmission pricing system is used to cope with network capacity problems. In this paper we will illustrate some of the problems that the zonal pricing system, as ...