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-level federations and use a stochastic meta-frontier cost function model, which enables the decomposition of meta-frontier efficiency … into two components: technical efficiency and technology gap ratios. The operational differences between JAs in urban and … rural areas are investigated by comparing their efficiency and economies of scale and scope. The main results are summarized …
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In the standard analysis of an overlapping generations economy with gifts from children to parents, each generation takes the actions of all other generations as given. The resulting "simultaneous moves" equilibrium is dynamically inefficient. In reality, however, parents precede children in...
Persistent link: https://www.econbiz.de/10013232439
In the standard analysis of an overlapping generations economy with gifts from children to parents, each generation takes the actions of all other generations as given. The resulting "simultaneous moves" equilibrium is dynamically inefficient. In reality, however, parents precede children in...
Persistent link: https://www.econbiz.de/10012474640
, altruism and concern for inequality. We find that decision makers who are selected democratically are generally more efficiency …. We test whether a democratic context influences the social preferences of decision makers in terms of efficiency … distribution sometime conflict, efficiency is no higher with democratic leaders, although payoffs are more equal. We interpret our …
Persistent link: https://www.econbiz.de/10011753528
(e.g., related to an individual's altruism, fairness perceptions, concerns for efficiency, and political views). By …
Persistent link: https://www.econbiz.de/10014442013
(e.g., related to an individual's altruism, fairness perceptions, concerns for efficiency, and political views). By …
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