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A stochastic model for the utility of income
Discussion Papers no. 358
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Indirect social sanctions from monetarily unaffected strangers in a public good game
Discussion Papers no. 359
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Corporate environmental protection under uncertainty
Discussion Papers no. 355
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A stochastic model for the utility of income
Discussion Papers no. 358
In this paper we propose a particular approach to measuring utility of income. To this end we develop a theoretical framework that restricts the class of admissible functional forms and distributions of the random components of the model....
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Corporate environmental protection under uncertainty
Discussion Papers no. 355
Investment in pollution prevention technologies are often made under significant uncertainty about the future pay-off from the investments. However, as time passes some of the uncertainties may be resolved by new information, implying tha...
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Coal cleaning
Discussion Papers no. 356
China is a dominant energy consumer in a global context and current energy forecasts emphasise that China's future energy consumption also will rely heavily on coal. The coal use is the major source of the greenhouse gas CO2 and particles...
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Indirect social sanctions from monetarily unaffected strangers in a public good game
Discussion Papers no. 359
Several economists have maintained that social sanctions can enforce cooperation in public good situations. This experimental study investigates whether indirect social sanctions from monetarily unaffected observers can increase contribut...
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Technological changes in the pulp and paper industry and the role of uniform versus selective environmental policy
Discussion Papers no. 357
Although environmental regulations may imply a cost increase on firm's conventional input factors, such regulations could stimulate the incentives to improve factor productivity. Productivity measures including indicators capturing enviro...
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A cohort analysis of household saving in Norway
Discussion Papers no. 354
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A cohort analysis of household saving in Norway
Discussion Papers no. 354
Are there generational differences in saving behavior? On the basis of new micro data for household saving in Norway I find that differences between birth cohorts are small and statistically insignificant. In particular, cohort effects ar...
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A theory-based measure of the output of the education sector
Discussion Papers no. 353
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On the price and volume effects from green certificates in the energy market
Discussion Papers no. 351
We present a model for an energy market that includes a green certificate for suppliers of energy from renewables and a purchaser commitment to buy these certificates. We show that price and volume effects in the energy market are ambigou...
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Aggregate industry behaviour in a monopolistic competition model with heterogeneous firms
Discussion Papers no. 352
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Aggregate industry behaviour in a monopolistic competition model with heterogeneous firms
Discussion Papers no. 352
The paper analyses how a tractable representation of productivity heterogeneity among firms modifies the standard Dixit-Stiglitz (DS) model of monopolistic competition. The properties of the asymmetric model are explored by comparative st...
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On the price and volume effects from green certificates in the energy market
Discussion Papers no. 351
Publikasjon