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Incentives often fail in inducing economic agents to engage in a desirable activity; implementability is restricted. What restricts implementability? When does re-organization help to overcome this restriction? This paper shows that any restriction of implementability is caused by an identifi...
Persistent link: https://www.econbiz.de/10011422212
In this work, inspired by Winter (2006), in fact of vintage 1968, we discuss the relation between three different levels of analysis of technologies, namely as (i) bodies of problem-solving knowledge, (ii) organizational procedures, and (iii) input-output relations. We begin by arguing that the...
Persistent link: https://www.econbiz.de/10010328440
Production theory in the neoclassical tradition is strong on Abstract generality. Its high level of Abstraction tends to impede understanding of technological change, partly because its perspective on production differs so much from those of engineers, managers and technologists. A more grounded...
Persistent link: https://www.econbiz.de/10010328459
Professor Leif Johansen (1930 - 1982) made significant contributions to a large number of fields in economics. A short survey of his contributions is presented. The main focus in the paper is on his growth - production program constituting an important part of his research. The key concepts are...
Persistent link: https://www.econbiz.de/10010330229
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In einem internationalen Effizienzvergleich der Telekommunikationswirtschaft für den Zeitraum 1981 bis 2002 liegt Deutschland auf einem mittleren Platz: Besser schneiden Frankreich und Großbritannien ab, schlechter die Niederlande und die USA. Allerdings unterliegt die angebotsseitige...
Persistent link: https://www.econbiz.de/10011601608
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Using a standard production model, we demonstrate theoretically that, even if labor is fully flexible, it generates a form of operating leverage if (a) wages are smoother than productivity and (b) the capital-labor elasticity of substitution is strictly less than one. Our model supports using...
Persistent link: https://www.econbiz.de/10012030333
[Einleitung] Die Data Envelopment Analysis (DEA) ist ein nicht-parametrisches Verfahren zur relativen Effizienzmessung vergleichbarer Aktivitäten bzw. Organisationseinheiten (Decision Making Units), das sich in den letzten Jahrzehnten insbesondere im Non-Profit-Bereich großer Beliebtheit...
Persistent link: https://www.econbiz.de/10011950188