Browsing Discussion Papers by Author "Brekke, Kjell Arne"

Now showing items 1-17 of 17

    • A dynamic supply side game applied to the european gas market 

      Brekke, Kjell Arne; Gjelsvik, Eystein; Vatne, Bjørn Helge (Discussion Paper;No. 22, Working paper, 1987-07-16)
      This paper discusses optimal investment plans for large gas exporters to Western Europe. We discuss market power on the supply side, while assuming price taker behaviour on the demand side. A static game approach is ...

    • Adjusting NNP for instrumental or defensive expenitures: an analytical approach 

      Brekke, Kjell Arne; Gravningsmyhr, Hanne A. (Discussion papers;134, Working paper, 1994-12)
      In this paper we provide a formal analysis to evaluate the subtraction of defensive expenditures from GDP. We consider expenditures that are used to produce non-market goods as candidates for being subtracted from GDP. It ...

    • An Economic model of moral motivation 

      Brekke, Kjell Arne; Kverndokk, Snorre; Nyborg, Karine (Discussion Papers;No. 290, Working paper, 2000)
      Abstract: In this paper, we present an economic model of moral motivation. Consumers prefer regarding themselves as socially responsible individuals. Voluntary contributions to public goods are motivated by this preference. ...

    • Are there social limits to growth? 

      Brekke, Kjell Arne; Howarth, Richard B.; Nyborg, Karine (Discussion Papers;No. 239, Working paper, 1998)
      Hirsch (1976) suggested that as consumption grows, an increasing proportion of the benefits people derive from consumption is due to a status effect. Status is a relative concept that cannot be increased on average; thus ...

    • Do cost-benefit analyses favour environmentalists? 

      Brekke, Kjell Arne (Discussion Paper;No. 84, Working paper, 1993-02)
      Money and environmental quality units are considered as unit for aggregating willingness to pay. For those with a high willingness to pay for environmental quality, the choice of money as aggregation unit is most favourable. ...

    • Do Models Improve Fishery management? Empirical evidence from a experimental study 

      Brekke, Kjell Arne; Moxnes, Erling (Discussion Papers;No. 228, Working paper, 1998)
      At the initial stage of this project, the project group consisted of Asbjørn Aaheim, Magnus Hatlebakk and the authors. The authors are grateful for the discussion with the other project participants at this stage. We also ...

    • Environmental indicators 

      Alfsen, Knut H.; Brekke, Kjell Arne; Brunvoll, Frode; Lurås, Hilde; Nyborg, Karine; Sæbø, Hans Viggo (Discussion Paper;No. 71, Working paper, 1992-04)
      The report discusses possible logical structures and content of a set of environmental indicators for Norway. The emphasis is on structure; proposals for specific indicators and data presented are of a more preliminary nature.

    • Net national product as a welfare indicator 

      Brekke, Kjell Arne (Discussion Paper;No. 65, Working paper, 1991-10)
      Weitzman (1976) claimed that in the case of linear utility, NNP ia proportional to welfare, defined as the discounted value of future utility. We first demonstrate that this theory only applies to economies with stationary ...

    • 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 ...

    • Soil Wealth in Tanzania 

      Brekke, Kjell Arne; Iversen, Vegard; Aune, Jens B. (Discussion papers;164, Working paper, 1996-06)
      Many African countries are richly endowed with land, but the productive potential of the land base has been underutilised in farming systems with low intensity of external inputs and high intensity of labour. At the same ...

    • Status preferences and economic growth 

      Howarth, Richard B.; Brekke, Kjell Arne (Discussion Papers;No. 240, Working paper, 1998)
      This paper examines the implications of status-seeking behavior for long-term growth in a competitive economy. We explore the intuitive hypothesis that the quest for enhanced economic status leads to excessive levels of ...

    • Sufficient Welfare Indicators. Allowing Disagreement in Evaluations of Social Welfare 

      Brekke, Kjell Arne; Lurås, Hilde; Nyborg, Karine (Discussion papers;119, Working paper, 1994-06)
      There is no consensus on how to measure interpersonally comparable, cardinal utility. Despite of this, people repeatedly make welfare evaluations in their everyday lives. However, people do not always agree on such ...

    • The social contingency of wants implications for growth and the environment 

      Brekke, Kjell Arne; Howarth, Richard B. (Discussion Papers;No. 227, Working paper, 1998)
      Economic models typically assume that individual wants are determined by forces exogenous to the economic system. Social psychology and consumer research, in contrast, support the view that the perceived benefits of ...

    • The Volatility of Oil Wealth under Uncertainty about Parameter Values 

      Brekke, Kjell Arne; Børing, Pål (Discussion papers;110, Working paper, 1994-04)
      Aslaksen et al. (1990) concluded that the petroleum wealth of Norway, and hence the permanent income from petroleum extraction, was as uncertain as the yearly oil revenues. Their conclusion was based on wealth estimates ...

    • Utilitarism, Equivalence Scales and Logarithmic Utility 

      Brekke, Kjell Arne (Discussion papers;118, Working paper, 1994-05)
      It is shown that if social welfare is the sum of logarithmic utility function, the optimal income distribution and the welfare effect of any income redistribution is independent of the equivalence scales. In optimum all ...

    • Valuation of social capital and environmental externalities 

      Aslaksen, Iulie; Brekke, Kjell Arne (Discussion Papers;No. 277, Working paper, 2000)
      The transition from more traditional to modern modes of production has large implications for time allocation, accumulation of social capital, market and non-market production, consumption, as well as for the environmental ...