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. Unlike previous analyses of cost overruns, we analyse projects over a long time period to capture the cyclical effects. We …Development projects in the oil industry often have cost overruns. Through analysis of data from Norwegian development … projects in the petroleum industry, this paper investigates the common effect of business cycle developments on cost overruns …
Persistent link: https://www.econbiz.de/10011539018
the different investment metrics of a portfolio of oil projects. The analysis of project metrics shows that the overall … grouping of projects is the same with the three supplementary metrics. The concentration by the companies on robustness related … to oil prices means that particular attention is paid to the breakeven price and cost optimisation. Projects which are …
Persistent link: https://www.econbiz.de/10011474983
Persistent link: https://www.econbiz.de/10003495802
In this paper I review the Dutch UMTS-auction that took place in the summer of 2000 and which, in contrast to the UK and German auctions, was generally considered to be a major flop. I analyse the policy process leading to the auction as well as the bidding behaviour in the auction, and provide...
Persistent link: https://www.econbiz.de/10011409958
This study argues that parents have a desire for dividing equally between their children, and that this motive applies to transfers of gifts inter vivos. We suggest that the equal division motive competes with traditional altruism: support to the child or the children with greatest needs. When...
Persistent link: https://www.econbiz.de/10003790974
What is the role of large playersʺ like hedge funds and other highly leveraged institutions in speculative attacks? In …
Persistent link: https://www.econbiz.de/10003806083
The introduction of the 2006 Norwegian shareholder income tax was announced in advance, and it increased top marginal tax rates on individual dividend income from zero to 28 percent. We document strong timing effects on dividend payout on a large panel of non-listed corporations, with a surge of...
Persistent link: https://www.econbiz.de/10003806745
in Norway 1993-2003 by estimating income transition models for different definitions of occupational status. Business …
Persistent link: https://www.econbiz.de/10003850142
particular type of higher education. We document that the individuals who attended Teachers' College in Norway during the 1960's …
Persistent link: https://www.econbiz.de/10003887465
debt management strategies adopted by Norway and compare these with rules that would prevail under the permanent income … hypothesis and bird-in-hand rule. We conclude that the fiscal reaction functions adopted by Norway have to some extent been … current fiscal rules, since Norway is on a trajectory of turning a current net asset-GDP-ratio close to one into a net debt …
Persistent link: https://www.econbiz.de/10003897374