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Debreu's Coefficient of Resource Utilization, the Solow Residual and TPF : The Connection by Leontief Preferences

ten Raa, Thijs - Tilburg University, Center for Economic Research - 2003

decomposition of productivity growth into technical change and efficiency change.The terms can now be broken down by sector as well …

Persistent link: https://www.econbiz.de/10011091863

Aggregation of Productivity Indices : The Allocative Efficiency Correction

ten Raa, Thijs - Tilburg University, Center for Economic Research - 2004

Industry productivity is obtained by aggregation of firm productivities and inclusion of the appropriate allocative … efficiency terms, one for each firm.This paper identifies the latter correction terms. …

Persistent link: https://www.econbiz.de/10011092142

The Theory of Benchmarking and the Measurement of Industrial Organization

ten Raa, Thijs - Tilburg University, Center for Economic Research - 2006

efficiency change.In other words, the two well-known sources of productivity growth-technology and efficiency-can be augmented by … a third one, namely the industrial organization effect.In this paper the efficiency of an industrial organization and … its contribution to performance are measured by benchmarking all firms on the industry.More precisely, efficiency is …

Persistent link: https://www.econbiz.de/10011092768

The Endogenous Evolution of Market Institutions : An Experimental Investigation

Potters, Jan; Kirchsteiger, G.; Niederle, M. - Tilburg University, Center for Economic Research - 1998

We study an experimental market in which the structure of the information flows is endogenized. When making an offer, traders choose not only the price at which they are prepared to trade, but also the subset of traders they want to inform about the offer. This design allows for two extreme...

Persistent link: https://www.econbiz.de/10011090309

Lindahl Equilibrium and Schweitzer's Open Club Model Semi-Public Goods

ten Raa, Thijs; Gilles, R.P. - Tilburg University, Center for Economic Research - 2003

Limit core allocations are the ones that remain in the core of a replicated economy.An equivalent notion for economies with public goods is Schweizer s concept of club e ciency under a variable number of economic agents.We extend this notion to economies with goods that have a semi-public...

Persistent link: https://www.econbiz.de/10011090319

Bob Russell Volume : Don't Aggregate Efficiency but Disaggregate Inefficiency

ten Raa, Thijs - Tilburg University, Center for Economic Research - 2003

Persistent link: https://www.econbiz.de/10011090369

Public Versus Private Exchanges

Potters, Jan; Kirchsteiger, G.; Niederle, M. - Tilburg University, Center for Economic Research - 2001

efficiency as a double auction.When we impose transaction costs on the buyers, only the sellers make private offers, which …

Persistent link: https://www.econbiz.de/10011091018

The Inefficiency of the Stock Market Equilibrium under Moral Hazard

Wagner, Wolf; Calcagno, R. - Tilburg University, Center for Economic Research - 2003

In this paper we study the constrained efficiency of a stock market equilibrium under moral hazard.We extend a standard …

Persistent link: https://www.econbiz.de/10011091029

Investment and Usage of New Technologies : Evidence from a Shared ATM Network

Degryse, Hans; Ferrari, S.; Verboven, F.L. - Tilburg University, Center for Economic Research - 2008

When new technologies become available, it is not only essential that firms have the correct investment incentives, but often also that consumers make the proper usage decisions. This paper studies investment and usage in a shared ATM network. Be- cause all banks coordinate their ATM investment...

Persistent link: https://www.econbiz.de/10011091116

Tree-Type Values for Cycle-Free Directed Graph Games

Talman, Dolf; Khmelnitskaya, A. - Tilburg University, Center for Economic Research - 2010

Mathematics Subject Classification 2000: 91A12, 91A43

Persistent link: https://www.econbiz.de/10011091131