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In this paper we study several methods of ranking profiles ofopportunity sets by taking as a primary notion equality of opportunity,undestood as equality of choice sets. Each of these social decision ruleslooks first at the size of the common opportunity set available to allmembers of the...
Persistent link: https://www.econbiz.de/10005731432
We analyze a society that cares about inequality of opportunity. We propose adynamic setting in which effort is a decision variable that individuals adopt as asolution of an explicit utility maximization program. Effort determines themonetary outcome and it depends on the individual¿s...
Persistent link: https://www.econbiz.de/10004992784
recovery literature. Specifically, we focus on two theoretical frameworks: social justice theory and theories of emotion. We … justice on the elicitation of the specific emotion of anger with service recovery and satisfaction with service recovery …
Persistent link: https://www.econbiz.de/10005515873
So far, the Theory of Distributive Justice has tried to single out a unique criterion of Justice. In our opinion, we … live in a world in which different people hold conflicting ideas about justice. We propose a procedure for representing …
Persistent link: https://www.econbiz.de/10005515930
analyzed the effects of competition on the efficiency of banking systems without considering these aspects. The few studies …Increased competition and the attempts of European banks to increase their presence in other markets may have affected … the efficiency and credit risk. The first of this aspects is based on the incentive to the banks to reduce cost in order …
Persistent link: https://www.econbiz.de/10005212537
Hypothesis testing and statistical precision in the context of nonparametric efficiency and productivity measurement … noticeable in the case of banking efficiency studies, where the literature is immense. In this paper, we explore productivity … growth and productive efficiency for Spanish savings banks over the (initial) post-deregulation period 1992?1998 using Data …
Persistent link: https://www.econbiz.de/10005212541
This study analyzes the links between efficiency and the decentralization of competencies among Spanish local … municipalities were conferred on more competencies. In addition, the likely efficiency gains from enhanceddecentralization increase …
Persistent link: https://www.econbiz.de/10005812818
and increased competition) on production costs for the Spanish savings banks are the objectives of this study. We review … data panel and with the aim of checking on the possibility that each firm has a particular level of efficiency -captured by … isolating our estimates of technical change from the evolution of financial costs and, therefore, of the role of competition and …
Persistent link: https://www.econbiz.de/10008550409
. Three different stochastic measures of efficiency are used (based on three alternative distributional assumptions for …" hypothesis since, even though efficiency is the main determinant of profitability, market power (as reflected in a market share … variable), also affects profitability. The results obtained also show that market share is an inadequate proxy for efficiency …
Persistent link: https://www.econbiz.de/10008550420
Suppose that a group of individuals owns collectively a technology which produces a consumptiongood by means of a (possibly heterogeneous) input. A sharing rule associates input contributionswith a vector of consumptions that are technologically feasible. We show that the set of...
Persistent link: https://www.econbiz.de/10005731204