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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
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
This paper investigates the impact of ownership structure and contractual choices on technical efficiency in the French … frontier methodology.The econometric results corroborate our proposition: the technical efficiency of urban public transport …
Persistent link: https://www.econbiz.de/10010750357
banking crisis, the post-crisis period should be the time for recovering efficiency. Moreover, traditional banking theory …
Persistent link: https://www.econbiz.de/10010750383
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
Bi-cooperative games were introduced by Bilbao et al. as a generalization of TU cooperative games, in which each player can participate positively, negatively, or not at all. In this paper, we propose a definition of a share of the worth obtained by some players after they decided on their...
Persistent link: https://www.econbiz.de/10010738682
This document proposes a new decomposition of unit labor cost changes (ULC) in terms of efficiency, technical progress … that labor intensive technical change results in positive efficiency changes while capital intensive technical changes …
Persistent link: https://www.econbiz.de/10010663555
The discovery of new oil fields and the bid for ecological fuels make Brazil world energy leader. However, this achievement cannot only be maintained thanks to the country's wealth of natural resources but rather it requires a model based on efficient and sustainable energy policies. Brazil's...
Persistent link: https://www.econbiz.de/10010820474
compare the efficiency of Wikipedia projects in different languages and at different states of development to examine this …
Persistent link: https://www.econbiz.de/10010820569
should exert less effort at efficiency. We then find structural conditions under which each player exerts strictly more …
Persistent link: https://www.econbiz.de/10010821156