Sökning: "Incomplete contracts"

Visar resultat 1 - 5 av 7 avhandlingar innehållade orden Incomplete contracts.

  1. 1. Infrastructure investment planning under uncertainty

    Författare :Niclas A. Krüger; Lars Hultkrantz; Farideh Ramjerdi; Örebro universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Real options; Wavelets; Risk; Uncertainty; Investments; Growth; Benefit-cost analysis; Infrastructure; Transportation; Traffic safety; Fractional Brownian motion; Incomplete contracts; Monte-Carlo simulation; Long memory; Economics; Nationalekonomi; Economics; Nationalekonomi;

    Sammanfattning : This dissertation is concerned with the planning processes in transportation and infrastructure investments and the aim is to improve risk assessment, risk valuation and risk management. Many of the results presented in this thesis are also applicable to a wider range of questions... LÄS MER

  3. 2. Financial Choice and Public Policy

    Författare :Karin Kinnerud; Per Krusell; Kurt Mitman; Gianluca Violante; Stockholms universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; heterogeneous households; housing; mortgage interest deduction; welfare; monetary policy; mortgage contracts; mortgage lending policies; consumption; pensions; field experiment; search costs; inattention; dominated choices; financial literacy; Economics; nationalekonomi;

    Sammanfattning : Costly reversals of bad policies: the case of the mortgage interest deductionThis paper measures the welfare effects of removing the mortgage interest deduction under a variety of implementation scenarios. To this end, we build a life-cycle model with heterogeneous households calibrated to the U.S. LÄS MER

  4. 3. An Institutional Analysis of Insurance Regulation - The Case of Sweden

    Författare :P Göran T Hägg; Nationalekonomiska institutionen; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Misguided Trust; Prime Move Problem; Trust-sensitive Contracts; The Economics of Trust; The Special Interest Theory; The Public Interest Theory; Transaction Costs; Institutional Theory; Insurance Regulation; Institutions; Reputation; Quality.; Actuarial science; Försäkring ej försäkringsrätt S137 ;

    Sammanfattning : The thesis is a broad attempt to analyse economic forces behind, and economic rationales for, institutions that constrain the organisation and operation of insurance companies. The basic task is threefold: (i) to develop institutional theory by providing an outline of a transaction cost explanation of the origin of, and the rationale for, institutions that constrain the organisation and the operation of insurance organisations; (ii) to apply our institutional theory and explain recorded institutional structures in order to make them intelligible with respect to the contractual context in which they have been nested; and (iii) to appraise the explanatory power of our institutional theory with respect to conventional economic theories on the economics of public regulation. LÄS MER

  5. 4. Partnering : definition, theory and evaluation

    Författare :Johan Nyström; Hans Lind; Will Hughes; KTH; []
    Nyckelord :SOCIAL SCIENCES; SAMHÄLLSVETENSKAP;

    Sammanfattning : The concept of partnering in the construction industry stands for a collaborative way of working. Examples of partnering projects can be found on every continent. LÄS MER

  7. 5. Macroeconomic Fluctuations and Microeconomic Adjustments : Wages, Capital, and Labor market Policy

    Författare :Stefan Laséen; Jan Rose Skaksen; Uppsala universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Economics; Nationalekonomi; Economics; Nationalekonomi; nationalekonomi; Economics;

    Sammanfattning : Essay 1 (with Henrik Jordahl) investigates how the degree of central bank conservatism affects the government's incentives to reform the labor market. An increase in conservatism triggers two opposite effects. It reduces the inflation bias of discretionary monetary policy and hence the benefits of a reform. LÄS MER