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Sustainability matters
Dimaria, Charles-Henri - HAL - 2013
This documents aims at bridging productivity measurement and weak sustainability in a specific data envelopment … maximize output and adjusted net saving. The indicator suggested dwell on the new growth theory with multiple equilibria …. Adjustment net saving is seen as a sustainability indicator and then the productivity indicator computed can be understood as a …
Persistent link: https://www.econbiz.de/10010898515
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Using ex post data to estimate the hurdle rate of abatement investments - an application to sulfur emissions from the Swedish pulp and paper industry and energy sector
Löfgren, Åsa; Millock, Katrin; Nauges, Céline - HAL - 2008
paper industry, and the energy and heating sector from 2000 to 2003. The results indicate a hurdle rate of investment of 2 …
Persistent link: https://www.econbiz.de/10010750596
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Long-term risk management for utility companies: the next challenges
Aïd, René - HAL - 2008
Since the energy markets liberalisation at the beginning of the 1990s in Europe, electricity monopolies have gone through a profound evolution process. From an industrial organisation point of view, they lost their monopoly on their historical business, but gained the capacity to develop in any...
Persistent link: https://www.econbiz.de/10008794408
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BANCOS FUSIONADOS ¿MÁS EFICIENTES?
Ferro, Gustavo; León, Sonia; Romero, Carlos A. - HAL - 2014
Se miden las ganancias potenciales de eficiencia de cinco fusiones de bancos, producidas entre 2005 y 2011, analizándolas con la metodología de análisis envolvente de datos. Dadas las divergencias entre modelos de rendimientos constantes y variables, se testean rendimientos para discernir...
Persistent link: https://www.econbiz.de/10010930238
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Hidden Information, Bargaining Power, And Efficiency: An Experiment
Cabrales, Antonio; Charness, Gary; Villeval, Marie-Claire - HAL - 2011
agents affect outcomes and efficiency. Informational asymmetries generate inefficiency. In an environment where principals … principals. In contrast, when agents compete to be hired, efficiency improves dramatically, and it increases in the relative …
Persistent link: https://www.econbiz.de/10009220690
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Ownership, Contractual Practices and Technical Efficiency: The Case of Urban Public Transport in France
Roy, William; Yvrande-Billon, Anne - HAL - 2007
This paper investigates the impact of ownership structure and contractual choices on technical efficiency in the French … urban public transport sector. The central proposition, which relies on classical contract theory arguments, is that … frontier methodology.The econometric results corroborate our proposition: the technical efficiency of urban public transport …
Persistent link: https://www.econbiz.de/10010750357
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Do banking crises enhance efficiency ? A case study of 1994 Turkish and 1997 Indonesian crises
Reynaud, Julien; Rokhim, Rofikoh - HAL - 2005
banking crisis, the post-crisis period should be the time for recovering efficiency. Moreover, traditional banking theory …Drawing together the concepts of inefficiency and banking crisis is directly inspired by business cycles theory where a … interesting pattern, opposed to what theory predicts : we find that inefficiency increase after the crises in both banking sectors. …
Persistent link: https://www.econbiz.de/10010750383
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On efficiency and local uniqueness in two-sector OLG economies
Drugeon, Jean-Pierre; Nourry, Carine; Venditti, Alain - HAL - 2009
efficiency and local uniqueness of the competitive equilibrium hold. On the contrary, for lower values of the share of first …
Persistent link: https://www.econbiz.de/10010750993
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Efficiency in auctions with crossholdings
Ettinger, David - HAL - 2003
We study the impact of crossholdings on the efficiency of the standard auction formats. The ascending auction is not …
Persistent link: https://www.econbiz.de/10010898518
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Is the rebound effect or Jevons paradox a useful concept for better management of water resources? Insights from the Irrigation Modernisation Process in Spain
Dumont, Aurélien; Mayor, Beatriz; López-Gunn, Elena - HAL - 2013
Improving the efficiency of water use is usually presented as an opportunity for large water savings, particularly in … rush for efficiency gains. This article, based on the energy sector, shows that the concept helps to identify possible … unintended consequences of increasing efficiency and shows how efficiency gains are shared in society. However, it might be …
Persistent link: https://www.econbiz.de/10010898730