Now showing items 1-20 of 531

    • Equilibrium Selection in Hawk-Dove Games 

      Blázquez, Mario; Koptyug, Nikita (Discussion paper;12/22, Working paper, 2022-06-29)
      In Hawk-Dove games with mulitiplicity of equilibria, we study which equilibria are selected using various equilibrium selection methods. Using a uniform price auction as an illustrative example, we apply the tracing procedure ...
    • Predetermined Assembly Size and Equal Influence in MMP-Elections 

      Stensholt, Eivind (Discussion paper;11/22, Working paper, 2022-06-21)
      In MMP-elections (Mixed Member Proportional representation), a QP-ballot contains a first-vote for party Q’s candidate in a single-seat constituency and a second-vote for a list of candidates from party P in one common ...
    • Interview Scheduling: An Integer Programming Approach 

      Braathen, Christian (Discussion paper;10/22, Working paper, 2022-04-21)
      This article provides a general meeting scheduling model to schedule en-masse interviews over multi-day events. Creating such meeting schedules is a complicated, time-consuming task that usually requires considerable manual ...
    • Transition to Marine Mining? 

      Bang, Rasmus Noss; Trellevik, Lars-Kristian Lunde (Working paper, 2022-03-04)
      This study explores possible futures of the mining industry through numerical analysis of a conceptual mineral extraction problem with two resource stocks - terrestrial and marine. The model is inspired by the manganese ...
    • 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 ...
    • Tax induced transfer pricing under universal adoption of the destination-based cash-flow tax 

      Gresik, Thomas A.; Schjelderup, Guttorm (Discussion paper;8/22, Working paper, 2022-02-22)
      The view that the transfer pricing problem vanishes under universal destination-based cash flow taxation (DBCFT) is based on how firms behave in perfectly competitive markets. We show that the neutralizing effect DBCFT has ...
    • The global minimum tax raises more revenues than you think, or much less 

      Janeba, Eckhard; Schjelderup, Guttorm (Discussion paper;6/22, Working paper, 2022-02-07)
      The OECD's proposal for a global minimum tax (GMT) of 15% aims for a reversal of a decades-long race to the bottom of corporate tax rates driven by competition over real investments and profit shifting to low-tax jurisdictions. ...
    • The impact of variable renewables on the distribution of hourly electricity prices and their variability: A panel approach 

      Tselika, Kyriaki (Discussion paper;4/22, Working paper, 2022-02-02)
      This paper investigates the impact of intermittent renewable generation on the distribution of electricity prices and their variability in Denmark and Germany. We exploit hourly data from 2015 to 2020 and employ a novel ...
    • Is the cannibalization effect of intermittent renewables important for the German wholesale electricity market? 

      Tselika, Kyriaki (Discussion paper;5/22, Working paper, 2022-02-02)
      Employing a quantile regression model, we investigate the impact of renewable sources on their unit revenues (absolute cannibalization) and value factors (relative cannibalization), as well as the cross-effect between ...
    • Optimal Taxation with Multiple Incomes and Types 

      Spiritus, Kevin; Lehmann, Etienne; Renes, Sander; Zoutman, Floris T. (Discussion paper;3/22, Working paper, 2022-01-24)
      We analyze the optimal nonlinear income tax schedule when taxpayers earn multiple in comes and differ along many unobserved dimensions. We derive the necessary conditions for the government’s optimum using both a tax ...
    • Effects of Voluntary Audit on Accounting Quality in Small Private Firms 

      Aase, Øivind André Strand (Discussion paper;1/22, Working paper, 2022-01-10)
      Many countries have introduced thresholds for mandatory audits, but empirical evaluations on how deregulation of audit markets affect reporting quality are scarce. I analyze a Norwegian audit reform in 2011, that introduced ...
    • Size Management in Response to Mandatory Audit Rules 

      Aase, Øivind André Strand (Discussion paper;2/22, Working paper, 2022-01-10)
      Many countries have introduced thresholds for mandatory audits as a measure of reducing complexity and costs for private firms’ financial reporting. Firms around the size thresholds have incentives to size down in order ...
    • Optimal Risk Sharing in Society 

      Aase, Knut K. (Discussion paper;10/21, Working paper, 2021-12-30)
      We consider risk sharing among individuals in a one-period setting under uncertainty, that will result in payoffs to be shared among the members. We start with optimal risk sharing in an Arrow-Debreu economy, or equivalently, ...
    • The Structure of MMP-Elections 

      Stensholt, Eivind (Discussion paper;9/21, Working paper, 2021-12-15)
      In MMP-elections (Mixed Member Proportional representation), a QP-ballot contains a first-vote for party Q’s candidate in a single-seat constituency and a second-vote for a list of candidates from party P in one common ...
    • An age-structured model for the effect of interest rate changes on consumption 

      Kozlov, Roman (Discussion paper;8/21, Working paper, 2021-08-30)
      A model for the effect of an interest rate change on household consumption is developed. The approach is age-structured: households reconsider their consumption patterns at the moment of the interest rate change and the ...
    • Faithful accounting in MMP-elections 

      Stensholt, Eivind (Discussion paper;7/21, Working paper, 2021-07-14)
      In MMP-elections for legislatures, political parties compete for a voter’s support in two ways: for a first vote to the party’s candidate in a single-seat constituency and for a second vote to the party’s list of candidates. ...
    • Using machine learning to predict patent lawsuits 

      Juranek, Steffen; Otneim, Håkon (Discussion paper;6/21, Working paper, 2021-06-22)
      We use machine learning methods to predict which patents end up at court using the population of US patents granted between 2002 and 2005. We analyze the role of the different dimensions of an empirical analysis for the ...
    • Mixed Member Proportional with faithful accounting 

      Stensholt, Eivind (Discussion paper;5/21, Working paper, 2021-03-15)
      With present (2021) tally rules, the number of seats in the Bundestag is highly volatile. In 2017 it got 709 seats, 111 of them extra-ordinary. The rules may double the influence of a voter who splits the ballot, contrary ...
    • Size-based input price discrimination under endogenous inside options 

      Evensen, Charlotte B.; Foros, Øystein; Haugen, Atle; Kind, Hans Jarle (Discussion paper;4/21, Working paper, 2021-03-04)
      Individual retailers may choose to invest in a substitute to a dominant supplier’s products (inside option) as a way of improving its position towards the supplier. Given that a large retailer has stronger investment ...
    • Classroom experiments on technology licensing: Royalty stacking, cross-licensing and patent pools 

      Haugen, Atle; Juranek, Steffen (Discussion paper;3/21, Working paper, 2021-02-11)
      We present two classroom experiments on technology licensing. The first classroom experiment introduces the concept of royalty stacking. The students learn that non-cooperative pricing of royalties for complementary ...