Fast eller flytende boliglånsrente? En økonometrisk analyse

I valget mellom fast og flytende rente er det flere faktorer som låntaker tar hensyn til. I denne utredningen undersøker vi hvilken betydning rentedifferanse, inntekt, overskuddslikviditet, nedbetalingstid, alder, kjønn, antall personer i husstand, gjeldsgrad, belåningsgrad, sivilstatus og stillingsstatus har på valget mellom fast og flytende rente. Hovedfunnene i vår analyse viser at økt forskjell i rentedifferanse mellom fast og flytende rente, økning i overskuddslikviditet samt en økning i alder, fører til en høyere sannsynlighet for at låntaker velger flytende rente. En økning i nedbetalingstid og en økning i antall personer i husstanden, fører til en høyere sannsynlighet for at låntaker velger fast rente. Variabler som stillingsstatus og sivilstand knyttet til personlige karakteristika har derimot ingen betydning for valget av rentevilkår. Vår analyse baserer seg på et utvalg av DNB sine låntakere for nye lån og refinansiering for år 2011

Addressing Seasickness of Technicians on board Working Vessels

As the number and size of offshore wind farms grow, so does the demand for technicians and crewtransfer vessels (CTVs) for maintenance. Operations and maintenance account for approximatelyone-third of a turbine’s life-cycle costs, highlighting the critical role of CTVs and technicians. Thehazardous conditions demand the well-being and concentration of technicians to prevent catastrophicevents, making it essential to address motion sickness to improve their work environment. This reportis a systematic literature review investigating approaches for quantifying motion sickness and theirapplication to CTVs. Additionally, it aims to develop a general understanding of motion sicknessand its preventive measures. The review reveals limited literature addressing motion sickness onsmaller vessels, indicating a need for more research. Motion sickness is primarily quantified throughtheoretical or empirical models and questionnaires, with the Motion Sickness Index (MSI) being themost widely applied method. However, MSI’s reliance on vomiting as an indicator neglects precedingsymptoms that impact work ability. Moreover, it focuses solely on vertical accelerations, which isinsufficient when considering the motion of smaller vessels. Overall, a method that considers abroader range of symptoms beyond just vomiting and incorporates the specific motions of smallervessels is needed

Examining the Lack of Consensus on the Minimum Wage

The economic impacts of minimum wage laws have been the subject of debate for over a century within the United States (US). This paper summarizes this and reviews the body of academic literature studying the effects of minimum wage laws, much of which center around their employment effects. This paper also examines how the ongoing debate can be attributed to factors that have not been as comprehensively reviewed, such as disagreements over politics, poverty, and impact on prices. The purpose of this paper is to achieve an understanding of the complexities surrounding the minimum wage and its overall implications. From this research, it is evident that various analyses of the minimum wage exist due to personal biases and interpretations of the data at hand, and therefore, a consensus is not possible

Addressing Seasickness of Technicians on board Working Vessels

As the number and size of offshore wind farms grow, so does the demand for technicians and crewtransfer vessels (CTVs) for maintenance. Operations and maintenance account for approximatelyone-third of a turbine’s life-cycle costs, highlighting the critical role of CTVs and technicians. Thehazardous conditions demand the well-being and concentration of technicians to prevent catastrophicevents, making it essential to address motion sickness to improve their work environment. This reportis a systematic literature review investigating approaches for quantifying motion sickness and theirapplication to CTVs. Additionally, it aims to develop a general understanding of motion sicknessand its preventive measures. The review reveals limited literature addressing motion sickness onsmaller vessels, indicating a need for more research. Motion sickness is primarily quantified throughtheoretical or empirical models and questionnaires, with the Motion Sickness Index (MSI) being themost widely applied method. However, MSI’s reliance on vomiting as an indicator neglects precedingsymptoms that impact work ability. Moreover, it focuses solely on vertical accelerations, which isinsufficient when considering the motion of smaller vessels. Overall, a method that considers abroader range of symptoms beyond just vomiting and incorporates the specific motions of smallervessels is needed

Addressing Seasickness of Technicians on board Working Vessels

As the number and size of offshore wind farms grow, so does the demand for technicians and crewtransfer vessels (CTVs) for maintenance. Operations and maintenance account for approximatelyone-third of a turbine’s life-cycle costs, highlighting the critical role of CTVs and technicians. Thehazardous conditions demand the well-being and concentration of technicians to prevent catastrophicevents, making it essential to address motion sickness to improve their work environment. This reportis a systematic literature review investigating approaches for quantifying motion sickness and theirapplication to CTVs. Additionally, it aims to develop a general understanding of motion sicknessand its preventive measures. The review reveals limited literature addressing motion sickness onsmaller vessels, indicating a need for more research. Motion sickness is primarily quantified throughtheoretical or empirical models and questionnaires, with the Motion Sickness Index (MSI) being themost widely applied method. However, MSI’s reliance on vomiting as an indicator neglects precedingsymptoms that impact work ability. Moreover, it focuses solely on vertical accelerations, which isinsufficient when considering the motion of smaller vessels. Overall, a method that considers abroader range of symptoms beyond just vomiting and incorporates the specific motions of smallervessels is needed

An empirical application of Black and Scholes option pricing with fractional Brownian motion

Masteroppgave(MSc) in Master of Science in Business, Finance - Handelshøyskolen BI, 2018This thesis examines the empirical properties of a fractional Black and Scholes model developed by Röstek and Schobel. The model is tested and compared to the standard Black and Scholes for Standard and Poor’s 500 call options in the period 10th May to 10th of July 2018. We first go through the theoretical differences of using a geometrical and a fractional Brownian motion. We test the models using three different empirical tests, following the methods of Bakshi, Cao & Chen (1997). The performance is measured using an in-sample test, an out of sample test and running a dynamic delta hedging strategy over a period of 41 trading days. While testing the models, we highlight the importance of estimating the correct Hurst value (long-term dependence) as the model becomes time dependent. We find that the fractional Black and Scholes model is misspecified, but performs slightly better in the out of sample test. In total, we rank the fractional equal to the geometric model

In the Shadow of a Product With a Sustainability Label:Will the introduction of a product with a sustainability label spill over on the perceptions of the mainstream product line,general attitude towards the company & perceived CSR image?

Masteroppgave(MSc) in Master of Science in Strategic Marketing Management - Handelshøyskolen BI, 2021Consumers and society are increasingly emphasizing the importance of new, green products. In response, companies are investing in developing more environmentally sustainable options. However, there is still a lack of clear understanding of the implications of these product introductions. Previous research in the field of spillover effects has found that sustainability labels elicit positive associations with consumers, which in turn might reflect negatively on mainstream products. Since brands are the most important asset for companies, negative associations with products can harm the perception of the mainstream product line. Our research offers insight into these implications, revealing that introducing a green product into a mainstream product line might not lead consumers to perceive the existing unlabelled products as negatively as initially thought. Thus, managers do not need to be particularly concerned about negative consumer perceptions for the rest of their mainstream product line when exposed to a product with a sustainability label. Based on a semi-structured interview an online, self-administered questionnaire constructed by pre-established scales from existing literature was distributed via social networks. The objective of the main study was to investigate the relationship between the introduction of a sustainability labelled product in an existing product line on perceptions of product quality, social and environmental performance, CSR image, and general attitude towards the company, moderated by environmental concern. Sunscreen and universal spray were manipulated with the Nordic Swan sustainability label. Our findings showed that the spillover effect of sustainability labels on consumer perceptions are unlikely. The study only showed significant spillover effects when tested with the moderating effect of environmental concern on two variables. Contrary to our hypothesis, we found that consumers with higher environmental concern rate the product they usually purchase with higher quality after being exposed to the labelled product. Thus, the hypothesis was disregarded. However, as hypothesised, there was a positive relationship between participants' environmental concern and their general attitude towards the company, suggesting that highly environmentally concerned consumers show positive attitudes towards environmentally and socially responsible companies