The aim of this study is to provide a methodology for the joint estimation of efficiency and market power of individual … differences in the market power and efficiency levels of banks between the two samples. Market power estimates indicate fairly … some banks deviates from the average behavior, and this finding has important policy implications. Finally, efficiency and …

Wage Dispersion and Efficiency. It is often assumed that markets generate efficient allocations, but these are not … compensating differentials will increase both efficiency and fairness, quite in line with the classical position taken by Adam … Differentiale heranführen dienen zugleich der Verbesserung der Effizienz und der Gerechtigkeit. …

on microeconomic theory and on concepts of New Empirical Industrial Organization (NEIO). The NEIO approach was applied in …

This paper analyses the relationship between market power in the loan and deposit markets and efficiency in the EU15 … countries over 1993-2002. Results show the existence of a positive relationship between market power and cost X-efficiency … reduction of market power are greater than the loss of bank cost efficiency, showing the importance of economic policy measures …

economies to operate in a more competitive environment causing improvement of efficiency and the possibility to develop related …