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. …

efficiency of organizations. …

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 …

banks - as issuers of cash and as institutions with a mandate to foster the efficiency of payment systems in general. It is … greater emphasis on improving the efficiency of retail payments and less on protecting their self-interest. More concretely …

spot to futures. Risk constancy or neutrality, equality of risk premium and spot price, and efficiency were rejected for … the period 18, 51, and 33 weeks or more to maturity. However, simultaneity of risk neutrality and efficiency was accepted …

efficiency is in place. Here we address the question of technical efficiency with respect to university’s size. The crucial … concept in this analysis is conditional efficiency and the ratio of size-conditional to unconditional efficiency measures. In … particular we take use of robust order-m efficiency scores presented in Cazals, Florens and Simar (2002) and generalized in …