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Forges, Francoise; Salomon, Antoine - HAL - 2014

The folk theorem characterizes the (subgame perfect) Nash equilibrium payoffs of an undiscounted or discounted infinitely repeated game - with fully informed, patient players - as the feasible individually rational payoffs of the one-shot game. To which extent does the result still hold when...

Persistent link: https://www.econbiz.de/10010746981

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

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

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 … frontier methodology.The econometric results corroborate our proposition: the technical efficiency of urban public transport …

Persistent link: https://www.econbiz.de/10010750357

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 …

Persistent link: https://www.econbiz.de/10010750383

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

Sustainability matters

Dimaria, Charles-Henri - HAL - 2013

This documents aims at bridging productivity measurement and weak sustainability in a specific data envelopment analysis framework that allows for negative output. In this framework countries use two inputs: capital and labour and seeks to maximize output and adjusted net saving. The indicator...

Persistent link: https://www.econbiz.de/10010898515

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

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

Research on trends of national service industries/ Исследование современных тенденций развития отечественной сферы услуг...

Edelev, Dmitry - HAL - 2009

The author analyses trends of development of the service sector in a market economy of the Russian Federation. Studies are based on the statistical data analysis of socio-economic indicators. The results of the aforementioned analysis are able to provide with efficient management of the domestic...

Persistent link: https://www.econbiz.de/10010898927