Blar i Statistisk sentralbyrås publikasjonsserier / Published by Statistics Norway på emneord "JEL classification: D81"

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    • Are the Dixit-Pindyck and the Arrow-Fisher-Henry-Hanemann option values equivalent? 

      Aslaksen, Iulie; Synnestvedt, Terje (Discussion Papers;No. 390, Working paper, 2004)
      Abstract: The relationship between the concept of option value in the literature on environmental preservation and the financial theory of option value is discussed by Fisher (2000), suggesting an equivalence between ...

    • Axiomatization of stochastic models for choice under uncertainty 

      Dagsvik, John K. (Discussion Papers;No. 465, Working paper, 2006)
      Abstract: This paper develops a theory of probabilistic models for risky choices. Part of this theory can be viewed as an extension of the expected utility theory to account for bounded rationality. One probabilistic ...

    • Choice among lotteries when preferences are stochastic 

      Dagsvik, John K. (Discussion Papers;No. 221, Working paper, 1998)
      Abstract: This paper discusses the problem of specifying probabilistic models for choices (strategies) with uncertain outcomes. The point of departure is an extension of the axiom system of the von Neumann-Morgenstern ...

    • Choice under uncertainty and bounded rationality 

      Dagsvik, John K. (Discussion Papers;No. 409, Working paper, 2005)
      Abstract: This paper develops a theory for probabilistic models for risky choices that can be viewed as an extension of the expected utility theory to account for bounded rationality. One probabilistic version of the ...

    • Corporate environmental protection under uncertainty 

      Aslaksen, Iulie; Synnestvedt, Terje (Discussion Papers;No. 355, Working paper, 2003)
      Abstract: 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 ...

    • Environmental risk and the precautionary principle. “Late lessons from early warnings” applied to genetically modified plants 

      Aslaksen, Iulie; Natvig, Bent; Nordal, Inger (Discussion Papers;No. 398, Working paper, 2004)
      Abstract: The environmental risk associated with genetically modified organisms (GMO) implies that new approaches to risk assessment, risk management and risk communication are needed. In this paper we discuss the role ...

    • Prices vs. quantities with endogenous cost structure 

      Storrøsten, Halvor Briseid (Discussion papers;755, Working paper, 2013-10)
      Authorities often lack information for efficient regulation of the commons. This paper derives a criterion comparing prices versus tradable quantities in terms of expected welfare, given uncertainty, optimal policy and ...

    • Soil Depletion choices under production and price uncertainty 

      Grepperud, Sverre (Discussion Papers;No. 186, Working paper, 1997)
      This paper studies soil depletion incentives in a dynamic economic model under two different sources of revenue uncertainty (production- and output price risk). The focus is on the long-term effects of risk averse preferences. ...

    • "The worth of a wildflower" : precautionary perspectives on the environmental risk of GMOs 

      Aslaksen, Iulie; Myhr, Anne Ingeborg (Discussion Papers;No. 476, Working paper, 2006)
      Abstract: How much is a wildflower worth? Inspired by “The worth of a songbird” by Funtowicz and Ravetz (1994) we use the value of a wildflower as symbol of the complexity of evaluating environmental qualities and risks. ...