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The purpose of this paper is to compare the cost efficiency of private and public property insurance providers in … measurement errors and apply the model to a data set on 19 firms in housing insurance markets in Switzerland. We show that the … public insurance providers are about 20 per cent more cost efficient than their private counterparts. …
Persistent link: https://www.econbiz.de/10011507834
In this paper we hypothesize that education is associated with a higher efficiency of health investment, yet that this … efficiency advantage is solely driven by intelligence. We operationalize efficiency of health investment as the probability of … the higher educated to be more efficient users of health investment - intelligent individuals have a clear survival …
Persistent link: https://www.econbiz.de/10010464787
We consider the efficiency of Cournot and Bertrand equilibria in a duopoly with substitutable goods where firms invest …
Persistent link: https://www.econbiz.de/10011373823
association started with a voluntary benchmarking aimed to increase the efficiency and effectiveness of the sector. Secondly … efficiency of these two evolutions. In particular, we adapt Free Disposal Hull (FDH) to estimate robust and conditional non …-oriented efficiency estimates. Parametric COLS (Fourier) tests show the robustness of the model with respect to the specification and its …
Persistent link: https://www.econbiz.de/10011373828
infracting upon productive efficiency. The mechanism employs a contest creating incentives among participating nations to … inform policy decisions, we show that the transfers required by the efficient mechanism create a mutual insurance motive …
Persistent link: https://www.econbiz.de/10009772819
Much attention has been paid to the influence of the institutional form of waste collection on costs. We extend this literature in three directions by including the unit-based pricing system. First, we show that unit-based pricing systems are more important from a cost-minimizing point of view...
Persistent link: https://www.econbiz.de/10010226974
Are competitive mechanisms perceived as just sources of economic inequality? Perceptions of fairness violations can have severe economic consequences, as they may cause counterproductive behavior such as rulebook slowdowns or quality shading. To analyze fairness perceptions associated with...
Persistent link: https://www.econbiz.de/10011405188
investigate the impact this change in procurement contracts has on efficiency. Focusing on coal mines, we find that those selling …
Persistent link: https://www.econbiz.de/10010464693
health workers, including physicians and nurses, did not significantly impact administration or efficiency. On the other hand …, vaccination efficiency was lower in states with a centralized public health agency. States with a larger share of the elderly … drivers of the administration and delivery efficiency of coronavirus vaccines. For this purpose, we use data from the 50 US …
Persistent link: https://www.econbiz.de/10012494792
An ongoing debate in the literature on efficiency of higher education institutions concerns the indicator for research …. We show that there is a high correlation of efficiency values between the estimations using these indicators; however …
Persistent link: https://www.econbiz.de/10011853185