• Exit dynamics of start-up firms. Does profit matter? 

      Golombek, Rolf; Raknerud, Arvid (Discussion papers;706, Working paper, 2012-10)
      While little attention has been paid to the role of profitability in the empirical literature on firm exit, we employ a detailed recently established database of Norwegian manufacturing firms to identify the extent to which ...
    • Exit dynamics with adjustment costs 

      Golombek, Rolf; Raknerud, Arvid (Discussion Papers;No. 442, Working paper, 2005)
      Abstract: We use the Stock and Wise approximation of stochastic dynamic programming in order to identify the extent to which profitability can explain exit behavior. In our econometric model, heterogeneous firms engage ...
    • International emissions trading in a non-cooperative equilibrium 

      Holtsmark, Bjart; Sommervoll, Dag Einar (Discussion Papers;No. 542, Working paper, 2008)
      Abstract: Linkage of different countries’ domestic permit markets for pollution rights into a single international market alters governments’ incentives, and may trigger adjustments of the number of allocated permits. ...
    • International emissions trading with endogenous taxes 

      Godal, Odd; Holtsmark, Bjart (Discussion Papers;No. 626, Working paper, 2010)
      Abstract: Motivated by the climate problem, this paper examines some effects of international cap & trade when national quotas result from strategic choice. In contrast to the fairly optimistic tone of closely related ...
    • On Nash equilibrium in prices in an oligopolistic market with demand characterized by a nested multinomial logit model and multiproduct firm as nest 

      Liu, Gang (Discussion Papers;No. 454, Working paper, 2006)
      Abstract: This note provides a proof on existence and uniqueness of Nash equilibrium in prices in a market where the demand side is characterized by a nested multinomial logit model with multiproduct firm as nest and ...
    • Pareto-efficient climate agreements 

      Asheim, Geir B.; Holtsmark, Bjart (Discussion Papers;No. 505, Working paper, 2007)
      Abstract: Recent contributions show that climate agreements with broad participation can be implemented as weakly renegotiation-proof equilibria in simple models of greenhouse gas abatement where each country has a binary ...
    • Sectoral and regional expansion of emissions trading 

      Böhringer, Christoph; Dijkstra, Bouwe; Rosendahl, Knut Einar (Discussion Papers;No. 654, Working paper, 2011)
      Abstract: We consider an international emissions trading scheme with partial sectoral and regional coverage. Sectoral and regional expansion of the trading scheme is beneficial in aggregate, but not necessarily for ...
    • Strategic partitioning of emissions allowances : under the EU Emission Trading Scheme 

      Böhringer, Christoph; Rosendahl, Knut Einar (Discussion Papers;No. 538, Working paper, 2008)
      Abstract: The EU Emission Trading Scheme (ETS) is breaking new ground in the experience with emission trading regimes across multiple jurisdictions. Since the EU ETS covers only some industries, it implies a hybrid emission ...
    • The Evolution of considerate smoking behavior 

      Nyborg, Karine; Rege, Mari (Discussion Papers;No. 279, Working paper, 2000)
      This paper studies the formation of social norms for considerate smoking behavior. Being considerate gives smokers a higher social approval from non-smokers, but imposes an inconvenience cost. A non-smoker's disapproval ...