• Conditions for effective risk sharing against marine pollution: the case of the Ría de Vigo 

      Grossmann, Schimon; Faure, Michael (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? 

      Stensholt, Eivind (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 

      McArthur, David Philip; Thorsen, Inge; Ubøe, Jan (Discussion paper, Working paper, 2009-04)
    • Congestion Management in a Stochastic Dispatch Model for Electricity Markets 

      Bjørndal, Endre; Bjørndal, Mette; Midthun, Kjetil; Zakeri, Golbon (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 

      Bjørndal, Mette; Jörnsten, Kurt; Pignon, Virginie (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 

      Bjerksund, Petter (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 

      Maroto, Jose M.; Moran, Manuel; Sandal, Leif Kristoffer; Steinshamn, Stein Ivar (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 

      Lindset, Snorre; Persson, Svein-Arne (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 

      Eckbo, B. Espen; Thorburn, Karin S. (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 

      Leite, Tore (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 

      Støve, Bård; Tjøstheim, Dag (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 

      Kvaløy, Ola; Olsen, Trond E. (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 ...
    • Cooperation of customers in traveling salesman problems with profits 

      Osicka, Ondrej; Guajardo, Mario; Jörnsten, Kurt (Discussion paper;17/19, Working paper, 2019-11-22)
      The traveling salesman problem and its variants are among the most studied problems in the literature on transportation and logistics. In one of these variants known as the profitable tour problem [2], a profit-maximizing ...
    • Cooperative game-theoretic features of cost sharing in location-routing 

      Osicka, Ondrej; Guajardo, Mario; van Oost, Thibault (Discussion paper;11/18, Working paper, 2018-09-24)
      This article studies several variants of the location-routing problem using a cooperative game-theoretic framework. The authors derive characteristics in terms of subadditivity, convexity, and non-emptiness of the core. ...
    • Coordinate to obfuscate? The role of prior announcements of recommended prices 

      Foros, Øystein; Nguyen-Ones, Mai (Discussion paper;14/20, Working paper, 2020-11-18)
      Firms may want to coordinate industry-wide price jumps that are predictable for rivals, however, unpredictable for consumers. We show how such coordination is carried out in Norwegian gasoline retailing. Overnight, the ...
    • Coordination of limited commercial return 

      Bengtsson, Jens (Discussion paper, Working paper, 2005)
      This paper analyses coordination in a supply chain consisting of a supplier and a retailer, where the retailer has the opportunity to return products at midlife and end-of-life. The paper examines particularly the coordination ...
    • Corporate returns to subsidized R&D projects: Direct grants vs tax credit financing 

      Møen, Jarle (Discussion paper;9/18, Working paper, 2018-05-31)
      According to theory, direct R&D grants should be used for projects with low private returns, high social returns and high risk. R&D tax credits, on the other hand, allow firms to choose projects freely according to their ...
    • Cost allocation in collaborative forest transportation 

      Frisk, Mikael; Göthe-Lundgren, Maud; Jörnsten, Kurt; Rönnqvist, Mikael (Discussion paper, Working paper, 2006)
      Transportation planning is an important part of the wood flow chain in forestry. There are often several forest companies operating in the same region and co-ordination between two or more companies is rare. However, there ...
    • Cost efficiency analysis based on the DEA and StoNED models : case of Norwegian electricity distribution companies 

      Cheng, Xiaomei; Bjørndal, Endre; Bjørndal, Mette (Discussion papers;28/14, Working paper, 2014-06)
      Our paper applies data envelopment analysis (DEA) and stochastic non-parametric envelopment of data (StoNED) to measure cost efficiency of electricity distribution companies. The data cover 123 Norwegian electricity ...
    • The cost of multiple sclerosis in Norway – (and how certain can we be?) 

      Svendsen, Bjørn; Myhr, Kjell-Morten; Nyland, Harald Inge; Aarseth, Jan Harald (Discussion paper, Working paper, 2006-08)
      The research question initially formulated for this study was to attempt to set a numerical target for the total yearly cost of MS to the Norwegian society, and relate the cost and patients´ experienced quality of life to ...