• Sequential Bargaining with Public Intervention: The Optimal Subsidy Path 

      Aanesen, Margrethe (Working paper; Arbeidsnotat, 2008-10)
      Models of sequential bargaining under asymmetric information often exhibit equilibria which are characterised by the fact that agreement is reached only with a delay and that the final (period) solution is ex ante inefficient. The latter means that agreement is not reached though it is efficient (aggregate pay off exceeds aggregate costs). In this paper we analyse how intervention by a third ...
    • Should environmental projects be subsidised? An empirical analysis 

      Aanesen, Margrethe (Working paper; Arbeidsnotat, 2003-12)
      Imperfect markets, asymmetric information and transboundary pollution are all characteristics that in most cases lead to inefficient “market” outcomes, and which thus are arguments for (public) intervention in the market. On the other hand, these characteristics also imply strategic behaviour by the economic agents, and then the effects of public intervention may be different from the traditional ...
    • Økonomisk verdsetting av havmiljø : Anvendelse på havområdet utenfor Nordland 

      Armstrong, Claire W.; Kahui, Viktoria; Aanesen, Margrethe (Working paper; Arbeidsnotat, 2008-10)
      I sommer har konflikten om havområdene utenfor Lofoten-Vesterålen toppet seg, med sterke utspill fra fiskerhold om seismikkskyting på fiskefelt. Økende bruk av havet til ulike aktiviteter, det være seg fiske eller petroleumsvirksomhet, oppdrett, transport eller turisme, gjør at en bredere forståelse av hvilke verdier havet tilbyr er et viktig innspill i politiske avgjørelser. I dette arbeidet ...