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a comonotone dominance principle, due to Landsberger and Meilijson (1994) [27], that efficiency is characterized by a … between efficiency and comonotonicity to the multidimensional case. The multivariate case is more involved (in particular …
Persistent link: https://www.econbiz.de/10010706660
Persistent link: https://www.econbiz.de/10010706882
We empirically investigate the impact of option listing on the underlying stock efficiency by looking at the volume … underlying stock market. We conclude to the existence of option listing impact on the underlying stock efficiency, but to …
Persistent link: https://www.econbiz.de/10010707501
We empirically investigate the effect of option listing on the underlying stock pricing efficiency by examining the … indicate that option listing neither damages nor improves the underlying stock efficiency. However, they suggest that a new …
Persistent link: https://www.econbiz.de/10010708183
This paper analyses whether it is worth taxing the black market. A theoretical optimal tax model provides a first analytical discussion. An empirical version allows us to estimate an optimal tax system for Madagascar. For reasonable inequality aversion parameters, the taxation’s rate of the...
Persistent link: https://www.econbiz.de/10010708536
We empirically investigated the impact of option listing on the underlying stock efficiency by looking at the volume …
Persistent link: https://www.econbiz.de/10010708723
characteristics of an internet user on the performance of an emailing campaign. The results show significant effects for certain …
Persistent link: https://www.econbiz.de/10011171559
objective is to show that the design of network governance must follow a two-track principle of efficiency and effectiveness …. Both are organizational standards of global performance. The first one is an internal standard of performance measured by … able to meet an efficiency/effectiveness principle. In these agrifood networks, the governance optimizes a cost …
Persistent link: https://www.econbiz.de/10011072259
High prices and insufficient quality of care are observed in nursing homes in France. Reforms are currently under discussion, but governments are facing a dilemma : any measure of price cut is likely to affect quality and any improvement in quality would probably be inflationary. This work...
Persistent link: https://www.econbiz.de/10011074680
Efficiency of financial markets is one of the most studied subjects in theoretical finance. Formalization of this idea …
Persistent link: https://www.econbiz.de/10011096649