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Shifting Determinants of Homeownership
Full text linkThis paper develops and estimates a dynamic model of discrete choice for labor supply, fertility and transition from tenant to home-owner, to investigate the secular decline in homeownership over the past several decades, wholly attributable to households postponing the purchase of their first home. House prices only partly explain the de-cline; higher base level wages led to lower fertility also contributing to the decline, because households with children are more likely to own a home than those without. Somewhat surprisingly we find higher lev-els of female education ameliorated this trend, highly educated women placing greater value on home ownership
Bid Costs and the (In)efficiency of Public Procurement Auctions
Full text linkThe paper analyzes the excess entry hypothesis for sealed-bid first-price public procurement auctions. The hypothesis is proved analytically for any feasible combination of bid preparation cost and bid evaluation cost when the bidders face a rectangular cost density function and confirmed in numerical simulations based on a family of flexible cost density functions. The excess entry hypothesis implies that the procurer may reduce both his own cost and the social cost by imposing a positive fee on the bids. Sequential search is a superior strategy to a public procurement auction whether or not the procurer imposes an optimal fee on the bids
The Long-Term Impact of Children's Disabilities on Families
Full text linkChildhood disability is a major health shock that affects parents early in their working life. We estimate its impact on parents’ career trajectories, their balance sheets, and major life decisions using detailed register data from Denmark. To identify the causal effect of childhood disability we use an event study approach, where we control for a rich set of pre-birth variables and focus on conditions that have no or weak associations with socioeconomic determinants. We find that having a child with a disability has strong negative impact on mothers’ earnings. The effect is persistent and the wage penalty appears to grow over time. Fathers’ earnings are also affected but the impact is notably smaller. We find that both parents are less likely to be employed in the long run and are less likely to ascend to top executive positions. The long-term structure of the household is also affected as subsequent fertility is lower and partnership dissolution is more common. Finally, despite this financial shock, long term net worth of families is not affected or may be positively affected, potentially due to help from government transfers and lower cost associated with having fewer other children, or due to a stronger savings motive for the long term care of the disabled child
Unlearning the Other in Management Education
No full textManagement Education has been receiving its fair share of critique, especially since the financial crisis and other business scandals that have unveiled the immoral and unethical dispositions in the business world. Questions about what kind of responsibility is being taught in business schools, if at all, have been raised, and in which way are these values being learned? In the more subtle field of learning responsibility, relationships between people, and fundamentally, the perception of 'the other', learning through theories and concepts is not sufficient. It requires rather a practice of 'unlearning' habits that have been formed through one's experience. This is where transformative learning offers a huge opportunity in management education, and the following paper explains how this kind of learning can be beneficial for future business leaders
Essays on Crude Oil Tanker Markets
Full text linkThis thesis is submitted in partial ful lment of the requirements for a PhD degree in Finance.
Admittedly, the thesis is more closely related to the eld of maritime economics and focuses on
crude oil tanker markets. This thesis studies freight rates, which have sparked the interest of
maritime economists at least since the seminal work by Tinbergen (1931) and Koopmans (1939).
This thesis has special emphasis on how freight rates evolve, how they are linked to oil prices
through the
oating storage arbitrage relationship, and how they re
ect the relative bargaining
power of shipowners and charterers. The thesis consists of three chapters, which can be read
independently
Transforming Governance and Organizational Form in Collaborative E-government
Full text linkThe increasing digitalization in the process and the end-result of public service, a phenomenon widely
known as e-government, is changing the range and ways of collaboration among governments and their
stakeholders. Especially with the pervasive use of social media for knowledge sharing, today’s local
governments are teaming up with their non-government stakeholders in an unprecedented width and depth
to exchange knowledge and resources to build digital public services together. While these collaborative
initiatives benefit from the complementation of knowledge and resources that are associated with extensive
participation, these initiatives also exist under a shadow of confusion and conflict when organizing the
changing range and relationships of stakeholders, aligning technology uses with divergent objectives of
knowledge sharing, as well as coordinating different distributions of decision-making power and
accountability.
To tackle these issues, in this dissertation I develop an understanding of the co-evolution of governance,
organizational form of e-government collaboration through the mediation of social media. Here I define
governance as the attempts to address the issue of coordination, and organizational form as the structural
features of the e-government collaboration. And I define social media as the Internet-based collaborative
technologies that are accessible to both government and non-government stakeholders for creating,
circulating, sharing and exchanging knowledge. My primary research inquiry is thus how do the
governance and organizational form of e-government collaboration occur through the mediation of social
media?
To pursue this line of inquiry, I further explore the relationship between social media and the governance
and organizational form of e-government collaboration. Specifically, I ask:
• How does the governance of e-government collaboration occur through the mediation of social
media?
• How does the organizational form of e-government collaboration occur through the mediation of
social media?
Conceptually I take an ensemble view to understand the relationship between social media and
organizational changes (i.e., governance and organizational form) and argue that while social media has
the potential to change social arrangements, these arrangements also influence the use of social media. In
particular, I use the technology enactment framework as a conceptual map to identify the embeddedness
of technology adoption in institutional, organizational and cognitive arrangements. Furthermore, I
complement the framework with the theory of institutional logics, technology frames of references, and
temporary organization, to operationalize the understanding of the institutional, organizational as well as
cognitive arrangements.
I choose e-government in China as the empirical setting to address the research questions for its unique
environment, including its recent strong policy push for e-government initiatives and public-private collaboration, its complex public administration environment, as well as the pervasiveness of social media
(i.e., WeChat) for work communication in both public and private spheres. Such an environment provides
a good number of e-government collaboration cases that are characterized by the heterogeneity of
stakeholders, mediation of social media, innovative administration arrangements, and that can be followed
and studied from their early stages.
The dataset for this dissertation is collected from four cases of e-government collaboration in China. To
better understand the development of e-government collaboration through the mediation of social media
over time, I conducted a longitudinal study on one of the cases, of which the communication between the
stakeholders is primarily mediated through the Chinese social media WeChat. For data collection, I used
qualitative methods including interviews, participant observations, as well as document analysis.
For the first research question, the findings indicate the key dimensions in the governance of e-government
collaboration center around the distribution of decision-making power and accountability between
government and non-government stakeholders. And social media, as a knowledge-sharing platform, is
crucial for achieving balances as such in an undefined collaboration, as it provides ambiguity between
stakeholders’ interests and needs, while still allowing stakeholders to develop a sense of consensus and
informedness.
For the second research question, the findings indicate that e-government collaboration can be organized
differently through the mediation of social media. Nevertheless, a long-term examination shows the
organizational form of e-government collaboration has to accord with the institutional logics at play. The
form changes as the dynamics of institutional logics change. During the transition of these organizational
settlements, social media plays an important role as a sandbox for experimenting with configurations of
organizational structures, as well as a repository for shared knowledge and experiences.
This dissertation makes three central contributions: First, it contributes to the conceptualization of
governance in the era of e-government by highlighting the role of social media and its enactment in the
occurrence of governance, and proposing an empirically driven typology of adaptive governance. Second,
it contributes to the understanding of the organizational form of e-government collaboration by identifying
the social media mediated hybridization process, and the characteristics of a social media enabled
organizational form. Third, the findings extend the understanding of social media adoption in the context
of e-government collaboration by providing a longitudinal account of social media enactment, and insights
in the relationship between social media and government transformation
Entrepreneurial Judgment and Commercialization
Full text linkThe fundamental research question posed in this thesis is: Can
commercialization explain entrepreneurial choices in firm strategy, including
beliefs and actions, in relation to increasing the likelihood of the entrepreneurdesired
results? The thesis considers entrepreneurship as the exercise of
judgment under uncertainty. This is investigated explicitly in the context of
commercialization by firms. The thesis begins with an introductory chapter in
which the theoretical implications of this view are presented
Styringsbestræbelser, identitet og affekt
Full text linkI denne afhandling undersøger jeg, hvordan forskellige og tilsyneladende modsatrettede idéer om
god strategiimplementering bidrager til sammenbruddet i et specifikt samarbejde mellem et hold
eksterne konsulenter og direktionen i et dansk ministerium. Undersøgelsens resultat består af en
analyse og en række praksisrettede råd til strategiimplementeringskonsulenter. Analysen viser,
hvordan strategiimplementering foregår i et skæringspunkt mellem magtformer, der er indskrevet
i de implementeringsværktøjer, som anvendes i strategiarbejdet. Den viser også, hvordan
identitetskonstruerende og affektive processer kan folde sig ud i sammenhænge, hvor disse
værktøjer og deres implicitte magtformer skal aktualiseres.
Afhandlingen trækker på en begrebsramme, der er forankret i kritisk strategiforskning,
governmentality-studier og diskurspsykologi. Omdrejningspunktet i afhandlingens analyser er det
specifikke samarbejde mellem eksterne konsulenter og direktionen i et dansk ministerium
omkring implementeringen af ministeriets nye koncernstrategi. Relativt tidligt i
implementeringsarbejdet sker der et sammenbrud i dette samarbejde. Tiden op til og omkring
sammenbruddet er præget af stærke følelser, og samtidig får sammenbruddet markante
konsekvenser for konsulenternes videre arbejde med at implementere strategien i ministeriet.
Analyserne er lavet på baggrund af interviews og observationer af samarbejdet mellem
konsulenterne og ministeriets direktion. Der zoomes især ind på tre møder, der på forskellige
måder lægger op til sammenbruddet