Selected publications


Breinbjerg, Jesper. "Equilibrium arrival times to queues with general service times and non-linear utility functions." Forthcoming in European Journal of Operational Research

Platz, Trine Tornøe  and Lars Peter Østerdal. “The curse of the first-in-first-out queue discipline”. Forthcoming in Games and Economic Behavior.



Sudhölter, Peter and Jose Zarzuelo. "Characterizations of highway toll pricing methods." European Journal of Operational Research 260: 161-170.



Albizuri, Josune M. and Peter Sudhölter. "Characterizations of the core of TU and NTU games with communication structures." Social Choice and Welfare 46: 451-475. 

Olesen, Ole B. and Niels Christian Petersen. "Stochastic Data Envelopment Analysis - A review", European Journal of Operational Research 251: 2-21. DOI:



Borowiecki, Karol J. and Georgios Kavetsos. "In fatal pursuit of immortal fame: Peer competition and early mortality of music composers." [pdf] Social Science & Medicine 134: 30-42.

Erlanson, Albin and Karol Szwagrzak. “Strategy-Proof Assignment of Multiple Resources.” Journal of Economic Theory 159: 137-162, available online.

Litan, Cristian, Francisco Marhuenda and Peter Sudhölter. "Determinacy of Equilibrium in Outcome Game Forms." Journal of Mathematical Economics 60: 28-32.

Olesen, Ole Bent, Niels Christian Petersen and Victor V. Podinovski. "Efficiency analysis with ratio measures." European Journal of Operational Research 245: 446-462. DOI:

Pennington, M., R. Baker, W. Brower, D. Gyrd-Hansen, A. Robinson and C. Donaldson. "Comparing WTP values of different types of QALY gain elicited from the general public." Health Economics 24: 280-293. DOI:

Szwagrzak, Karol. “Priority classes and weighted constrained equal awards rules for the claims problem.” Journal of Economic Theory 160: 36-55.



Brandenburg, M., K. Govindan, J. Sarkis and S. Seuring. "Quantitative models for sustainable supply chain management: Developments and directions." European Journal of Operational Research 233(2): 299-312.

Flor, Christian, Hans Frimor and Claus Munk. "Options in Compensation: Promises and Pitfalls." Journal of Accounting Research 52(3): 703-732.

Govindan, K., M. Kaliyan, D. Kannan and A.N. Haq. "Barriers analysis for Green Supply Chain Management implementation in Indian Industries Using Analytic Hierarchy Process." International Journal of Production Economics 147(B): 555-568.

Govindan, K. and M.N. Popiuc. "Reverse supply chain coordination by revenue sharing contract: A case for the personal computers industry." European Journal of Operational Research 233(2): 326-336.

Govindan, K., A. Jafarian, R. Khodaverdi and K. Devika. "Two-echelon multiple-vehicle location-routing problem with time windows for optimization of sustainable supply chain network of perishable food." International Journal of Production Economics 152: 9-28.

Grabisch, Michel and Peter Sudhölter. “On the restricted cores and the bounded core of games on distributive lattices.” European Journal of Operational Research 235: 709–717, available online.

Gyrd-Hansen, Dorte, Mette Lundsby Jensen and Trine Kjaer. "Framing the willingness-to-pay question: Impact on response patterns and mean willingness to pay." Health Economics 23: 550–563, available online.

Hougaard, J.L., J.D. Moreno-Ternero and L.P.R. Østerdal. "Assigning agents to a line." Games and Economic Behavior 87: 539-553.

Jensen, P.S. and M.K. Justesen. "Poverty and vote buying: Survey-based evidence from Africa." Electoral Studies 33: 220-232.

Jensen, P.S. and T.S. Aidt. Workers of the world, unite! Franchise extensions and the threat of revolution, 1820-1938. European Economic Review 72: 52-75.

Lampe, Markus and Paul Sharp. "Greasing the Wheels of Rural Transformation? Margarine and the Competition for the British Butter Market." Economic History Review 67(3): 769-792.

Møller, Niels Framroze and Paul Sharp. "Malthus in Cointegration Space: Evidence of a Post-Malthusian Pre-industrial England." Journal of Economic Growth 19(1): 105-140.

Olesen, Ole B. "A homothetic reference technology in data envelopment analysis." European Journal of Operational Research 233: 759-771, DOI:

Olesen, Ole B. and John Ruggiero. "Maintaining the Regular ultra Passum Law in data envelopment analysis." European Journal of Operational Research 235: 798-809. DOI:

Pedersen, M.S. and J. Nielsen Arendt. "Bargaining for health: A case study of a collective agreement-based health program for manual workers. Journal of Health Economics 37: 123-136.

Range, Troels Martin, Richard Martin Lusby and Jesper Larsen. “A Column Generation Approach for Solving the Patient Admission Scheduling Problem.” European Journal of Operational Research 235: 252-264, available online.

Soleimani, H. and K. Govindan. "Reverse logistics network design and planning utilizing conditional value at risk." European Journal of Operational Research 237(2): 487-497.

Trandafir, Mircea. "The effect of same-sex marriage laws on different-sex marriage: Evidence from the Netherlands." Demography 51(1):317-340.



Ager, P. and M. Brückner. "Cultural diversity and economic growth: Evidence from the US during the age of mass migration." European Economic Review 64(Nov.): 76-97.

Asmild, Mette, Jens Leth Hougaard and Ole B. Olesen. "Testing over-representation of observations in subsets of a DEA technology." European Journal of Operational Research 230: 88-96. DOI:

Borowiecki, Karol Jan. "Geographic Clustering and Productivity: An Instrumental Variable Approach for Classical Composers." Journal of Urban Economics 73(1): 94-110, available online.

Chen, Gang, Kannan Govindan, Zhong-Zhen Yanga, Tsan-Ming Choid and Liping Jiange. “Terminal appointment system design by non-stationary M(t)/Ek/c(t) queueing model and genetic algorithm.” International Journal of Production Economics 146: 694–703, available online.

Chin, Aimee, N. Meltem Daysal and Scott Imberman. "Impact of Bilingual Education Programs on Limited English Proficient Students and Their Peers: Regression Discontinuity Evidence from Texas." Journal of Public Economics 107: 63-78.  

Dahl, Christian M., Daniel le Maire and Jakob R. Munch. "Wage Dispersion and Decentralization of Wage Bargaining." Journal of Labor Economics 31(3): 501-533.

Federico, G. and P.R. Sharp. "The cost of railroad regulation: the disintegration of American agricultural markets in the interwar period." Economic History Review 66(4): 1017-1038.

Flor, Christian Riis and Kevin Berg Grell. "Venture Capital Budgeting: Carry and Correlation." Journal of Corporate Finance 21: 216-234.

Flor, Christian Riis and Stefan Hirth. "Asset Liquidity, Corporate Investment, and Endogenous Financing Costs." Journal of Banking & Finance 37(2): 474–489, available online.

Gang, C., G. Kannan and Z. Yang. "A method to reduce truck queueing at terminal gates: managing truck arrivals with vessel-dependent time windows." International Journal of Production Economics 141(1): 179-188.

Hougaard J.L., J.D. Moreno-Ternero and L.P. Østerdal. "A new axiomatic approach to the evaluation of population health." Journal of Health Economics 32(3): 515–523.

Hougaard J.L., J.D. Moreno-Ternero and L.P. Østerdal. "Rationing in the presence of baselines." Social Choice and Welfare 40, 1047-1066.

Jensen, P.S. and T.S. Aidt. "Democratization and the size of government: evidence from the long 19th century." Public Choice 157(3-4): 511-542.

Malchow-Møller, Nikolaj, Jakob Roland Munch, Claus Aastrup Seidelin and Jan Rose Skaksen.Immigrant Workers and Farm Performance: Evidence from Matched Employer-Employee Data.” American Journal of Agricultural Economics 95(4): 819-841, available online

Robinson, A., D. Gyrd-Hansen, P. Bacon, R. Baker, M. Pennington and C. Donaldson. "Estimating a WTP-based value of a QALY: the 'chained' approach." Social Science and Medicine 92: 92-104.

Sudhölter, Peter and José M. Zarzelo. "Extending the Nash solution to choice problems with reference points." Games and Economic Behavior 80: 219–228, available online



Andersen, Thomas Barnebeck, Jeanet Bentzen, Carl-Johan Dalgaard and Pablo Selaya. "Lightning, IT Diffusion, and Economic Growth across US States." Review of Economics and Statistics 94(4): 903-924.

Arndt, C., R. Distante, M.A. Hussain, L.P. Østerdal et al. "Ordinal Welfare Comparisons with Multiple Discrete Indicators: A First Order Dominance Approach and Application to Child Poverty." World Development 40(11): 2290–2301.

Branger, Nicole, Linda Sandris Larsen and Claus Munk. "Robust portfolio choice with ambiguity and learning about return predictability." Journal of Banking & Finance, available online

Christensen, Bent Jesper, Christian M. Dahl and Emma M. Iglesias. "Semiparametric Inference in a GARCH-in-Mean Model." Journal of Econometrics 167: 458-472.

Flor, Christian Riis and Stefan Hirth. "Asset liquidity, corporate investment, and endogenous financing costs." Journal of Banking & Finance, available online

Gyrd-Hansen, D. and T. Kjær. "Disentangling WTP per QALY data: different analytical approaches, different answers." Health Economics 21(3): 222-237.

Gyrd-Hansen D., T. Kjær and J.S. Nielsen. "Scope insensitivity in contingent valuation studies of health care services: should we ask twice?" Health Economics 21(2): 101-112.

Harvey, C.M. and L.P. Østerdal. "Discounting Models for Outcomes over Continuous Time." Journal of Mathematical Economics 48(5): 284-294.

Henriksen, Ingrid, Markus Lampe and Paul Sharp. "The Strange Birth of Liberal Denmark: Danish trade protection and the growth of the dairy industry since the mid-nineteenth century." Economic History Review 65(2): 770-788.

Henriksen, Ingrid, Morten Hviid and Paul Sharp. "Law and Peace: Contracts and the Success of the Danish Dairy Cooperatives." Journal of Economic History 72(1): 197-224.

Hougaard, J.L., J.D. Moreno-Ternero and L.P. Østerdal. "A unifying framework for the problem of adjudicating conflicting claims." Journal of Mathematical Economics 48(5): 107-114.

Larsen, Linda Sandris and Claus Munk. "The Costs of Suboptimal Dynamic Asset Allocation: General Results and Applications to Interest Rate Risk, Stock Volatility Risk, and Growth/Value Tilts." Journal of Economic Dynamics and Control 36(2): 266-293.

Le Breton, Michel, Peter Sudhölter, and Vera Zaporozhets. "Sequential legislative lobbying." Social Choice and Welfare, 39(2-3): 491-520, available online



Andersen, Thomas Barnebeck, Jeanet Bentzen, Carl-Johan Dalgaard and Pablo Selaya. “Does the Internet Reduce Corruption? Evidence from U.S. States and across Countries.” World Bank Economic Review 25: 387-417.

Andersen, Thomas Barnebeck and Carl-Johan Dalgaard. “Flows of People, Flows of Ideas, and the Inequality of Nations.” Journal of Economic Growth 16: 1-32.

Bech, M., T. Kjær and J.T. Lauridsen. “Does the number of choice sets matter? Results from a web survey applying a discrete choice experiment.” Health Economics 20(3): 273-286.

Kaiser, Ulrich and Nikolaj Malchow-Møller. “Is Self-Employment Really a Bad Experience? The Effects of Previous Self-Employment on Subsequent Wage-Employment Wages.” Journal of Business Venturing 26(5): 572-588.

Sharp, Paul, Holger Strulik and Jacob Weisdorf. "The Determinants of Subsistence Income in a Malthusian World." Journal of Development Economics 97(1): 112-117.



Christensen, John. “Accounting Errors and Errors of Accounting.” The Accounting Review 85(6): 1827-1838.

Doganoglu, Toker and Julian Wright. “Exclusive dealing with network effects.” International Journal of Industrial Organization 28(2): 145-154.

Laudicella, M., K. Rose Olsen and A. Street. “Examining cost variation among hospital departments – a two-stage multilevel approach using patient level data.” Social Science & Medicine 71(10): 1872-1881.



Aidt, Toke and Peter Sandholt Jensen. “The taxman tools up: An event history study of the introduction of the personal income tax.” Journal of Public Economics 93(1-2): 160-175.

Bech, M., T. Christiansen, K. Dunham, C.H. Lyttkens, C. McDonald, A. McGuire and J.T. Lauridsen. “The influence of economic incentives and regulatory factors on the adoption of treatment technologies: case study of technologies used to treat heart attacks.” Health Economics 18(10): 1114-1132.

Shellshear, Evan and Peter Sudhölter. “On core stability, vital coalitions, and extendability.” Games and Economic Behavior 67(2) 633-644.



Abrevaya, Jason and Christian M. Dahl. “The effects of birth inputs on birthweight: evidence from quantile estimation on panel data.” Journal of Business and Economic Statistics 26(4): 379-397.

Casas, Isabel and Jiti Gao. “Econometric Estimation in Long-Range Dependent Volatility Models: Theory and Practice.” Journal of Econometrics 147(1): 72-83.

Gao, Jiti and Isabel Casas. “Specification Testing in Discretized Diffusion Models: Theory and Practice.” Journal of Econometrics 147(1): 131-140.

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