Blar i Discussion Papers på forfatter "Bjerkholt, Olav"
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Certainty equivalence procedures in decision making under uncertainty: an empirical application
Aslaksen, Iulie; Bjerkholt, Olav (Discussion Papers;No. 5, Working paper, 1985-03-25) -
Certainty euivalence procedures in the macroeconomic planning of an oil economy
Aslaksen, Iulie; Bjerkholt, Olav (Discussion Papers;No. 1, Working paper, 1985-03-10) -
Gas trade and demand in Northwest Europe: Regulation, bargaining and competition
Bjerkholt, Olav; Gjelsvik, Eystein; Olsen, Øystein (Discussion Paper;No. 45, Working paper, 1989-08)The paper investigates the present role of the gas transmission companies and possible effects of a deregulation of the European gas market by 1992, i.e. the introduction of the principle of common carriage or open access ... -
Optimal sequencing of hydroelectric and thermal power generation under energy price uncertainty and demand fluctuations
Aslaksen, Iulie; Bjerkholt, Olav; Brekke, Kjell Arne (Discussion Paper;No. 39, Working paper, 1988-10)The choice between hydro and thermal power in electricity supply is analyzed under stochastic demand and stochastic fuel cost. The first formulation gives rise to an optimal stopping problem, where the investment in hydro ... -
Optimal Starting and Stopping Rules for Resource Depletion when Price is Exogenous and Stochastic
Bjerkholt, Olav; Brekke, Kjell Arne (Discussion Paper;No. 40, Working paper, 1988-12)Optimal developement of exhaustible natural resources is analyzed under the assumption that oil prices follows a geometrical browninan motion: Under specific assumption on cost structure closed form soltions for the ... -
What are the options for non-OPEC producing countries?
Berger, Kjell; Bjerkholt, Olav; Olsen, Øystein (Discussion Paper;No. 26, Working paper, 1987)This paper discuss medium- and long term strategies for non-OPEC oil producing countries highly dependent on petroleum revenues. First a picture of the international oil market of the 1990s is outlined. Then we look at ...