Browsing Discussion papers (FOR) by Title
Now showing items 82-101 of 580
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Commodity price modeling that matches current observables : a new approach
(Discussion paper, Working paper, 2002)We develop a stochastic model of the spot commodity price and the spot convenience yield such that the model matches the current term structure of forward and futures prices, the current term structure of forward and futures ... -
Common agency with outside options : the case of international taxation of an MNE
(Discussion paper, Working paper, 1999) -
Common mistakes in computing the nucleolus
(Discussion paper;15/14, Working paper, 2014-04)Despite linear programming and duality have correctly been incorporated in algorithms to compute the nucleolus, we have found mistakes in how these have been used in a broad range of applications. Overlooking the fact ... -
Compact contenders? Investigating cost competitiveness requirements of small modular nuclear reactors and their potential impact on the European energy system
(Discussion paper;9/24, Working paper, 2024-09-24)Europe is currently in the process of executing a strategy to increase the share of renewable energy in its electricity mix. However, concerns about energy system instability, higher transmission costs, and energy security ... -
Comparative Investment Analysis of Wind and Nuclear Energy: Assessing the Impact of Changes in the Electricity Mix and Required Government Support for Investment Parity
(Discussion paper;8/23, Working paper, 2023-06-28)Nuclear energy is once again in the spotlight in Europe, due to recent technological advancements and geopolitical challenges. Our study presents an investment analysis framework that compares the prospects of onshore and ... -
Comparing Subsidies to Solve Coordination Failure
(Discussion paper;9/25, Working paper, 2025-03-07)We use experiments to systematically test the performance of subsidies aimed at inducing efficient coordination in a coordination game. We consider two classes of policies: those based on divide-and-conquer (i.e. iterated ... -
Competitive nash equilibria and two period fund separation
(Discussion paper, Working paper, 2003-11)We suggest a simple asset market model in which we analyze competitive and strategic behavior simultaneously. If for competitive behavior two-fund separation holds across periods then it also holds for strategic behavior. ... -
Compound contingent claims
(Discussion paper, Working paper, 2002-12)This paper explores similarities and differences between a compound option and a two-period guarantee. A generalised compound contingent claim that captures these two claims as special cases is constructed. The underlying ... -
Conditions for effective risk sharing against marine pollution: the case of the Ría de Vigo
(Discussion paper;1/17, Working paper, 2017-01-31)The question of how effective protection against environmental impairment can be provided has spawned much literature. One instrument that is often invoked to provide compensation for environmental damage is insurance. ... -
Condorcet methods - when, why and how?
(Discussion paper, Working paper, 2008)Geometric representations of 3-candidate profiles are used to investigate properties of preferential election methods. The representation visualizes both the possibility to win by agenda manipulation, i.e. introducing a ... -
Congested interregional infrastructure, road pricing and regional labour markets
(Discussion paper, Working paper, 2009-04) -
Congestion Management in a Stochastic Dispatch Model for Electricity Markets
(Discussion paper;12/16, Working paper, 2016-08-25)We consider an electricity market organized with two settlements: one for a pre-delivery (day-ahead) market and one for real time, where uncertainty regarding production from non-dispatchable energy sources as well as ... -
Congestion management in the Nordic power market : counter purchases and zonal pricing
(Discussion paper, Working paper, 2002)In this paper, we investigate methods for managing congestion on the grid in the Nordic power market. Specifically, we have considered the differences between using counter purchases as opposed to pricing out the transmission ... -
Contingent Claims Evaluation when the Convenience Yield is Stochastic: Analytical Results
(Discussion paper;1/91, Working paper, 1991-02)This paper considers contingent claims on a commodity when both the spot price and the convenience yield are generated by diffusion processes. By adopting the Gibson and Schwartz (1990) assumptions on the economy, we derive ... -
Continuous harvesting costs in sole-owner fisheries with increasing marginal returns
(Discussion paper, Working paper, 2009-09)We develop a bioeconomic model to analyze a sole-owner fishery with fixed costs as well as a continuous cost function for the generalized Cobb-Douglas production function with increasing marginal returns to effort level. ... -
Continuous monitoring : look before you leap
(Discussion paper, Working paper, 2008-03)We present a model for pricing credit risk protection for a limited liability non-life insurance company. The protection is typically provided by a guaranty fund. In the case of continuous monitoring, i.e., where the market ... -
Control benefits and CEO discipline in automatic bankruptcy auctions
(Discussion paper, Working paper, 2002-11)In Sweden, a bankruptcy filing automatically terminates CEO employment and places the firm in an open auction. This has prompted warnings of strong shareholder risk-shifting incentives to delay filing ("go for broke"). ... -
A control theory of financial structure : outside equity control and the priority and maturity structure of debt
(Discussion paper, Working paper, 2000-12)Firms' financial structures typically consist of debt claims of different priority and maturity, and outside equity with control rights. The present paper develops a simple control theory of financial structure in which ... -
A convolution estimator for the density of nonlinear regression observations
(Discussion paper, Working paper, 2007-11)The problem of estimating an unknown density function has been widely studied. In this paper we present a convolution estimator for the density of the responses in a nonlinear regression model. The rate of convergence for ... -
Cooperation in knowledge-intensive firms
(Discussion paper, Working paper, 2007-07)The extent to which a knowledge-intensive firm should induce cooperation between its employees is analyzed in a model of relational contracting between a firm (principal) and its employees (two agents). The agents can ...