All research news from the Department of Economics
A microfinance research project led by NHH professors Bertil Tungodden and Kjetil Bjorvatn has received a grant of 9.7 million NOK from the Norwegian research Council. The funds will be used for several purposes, including continued research on the effect of basic business education for microfinance clients in Tanzania.
What happens when one of the USA's largest investment banks goes bankrupt?
NHH researchers Øystein Foros (t.h) and Frode Steen believe that petrol stations in Norway are coordinating petrol prices, something that costs customers money. By publishing recommended retail prices on their web pages the players in the market can adjust their prices to one another. Today the market follows a cycle with the highest price occurring on Monday and the cheapest petrol on Sunday. Now, Foros and Steen stress that the companies must be forbidden from publishing recommended retail prices on the internet.
In the future of Norwegian agriculture the role of the farmer could be more of "park curator" rather than producer of raw goods, believes NHH-professor and agricultural economist, Rolf Jens Brunstad.