Showing 1 - 10 of 224
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
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
successors to the Kyoto protocol are assessed according to four criteria: economic efficiency; environmental effectiveness …
Persistent link: https://www.econbiz.de/10003763299
political debate. At the same time, the literature is surprisingly silent about the magnitude of possible efficiency costs of a … departure from tax neutrality. Against this background, the present paper discusses the theory of capital structure and provides … backof-the-envelope calculations of the possible efficiency cost of a tax distortion of the debtequity decision. -- Debt …
Persistent link: https://www.econbiz.de/10003771865
This paper investigates the welfare costs of unilateral versus internationally coordinated emission permit policies in a two-country overlapping generations model with producer carbon emissions. We show that, for a net foreign debtor country, the domestic welfare costs of a unilateral domestic...
Persistent link: https://www.econbiz.de/10003882562
efficiency of the courts in avoiding Type I (finding an innocent firm guilty of inappropriate care) and Type II (finding a guilty … indicate that an increase in the efficiency of the court system in avoiding errors raises safety care levels, thereby reducing …] share for firms [financiers] as well as a lower standard level of care. -- environmental policy ; court efficiency …
Persistent link: https://www.econbiz.de/10003974501
complement carbon pricing (taxes or permit trading) and improve the economic efficiency of a mitigation policy package? To answer … temperature. The efficiency gains of combining innovation and carbon pricing policies are found to reach about 10% for a …
Persistent link: https://www.econbiz.de/10003949084
Persistent link: https://www.econbiz.de/10003498586
Contests between groups are plagued by intra-group externalities (freeriding). Yet, costless incentive schemes that entirely avoid free-riding within a group might not be desirable, neither individually nor socially. In contests among two groups, a relatively weak (i.e., small or unproductive)...
Persistent link: https://www.econbiz.de/10008653415
restore the efficiency of equilibria. -- illiquid markets ; default ; incomplete markets ; price distortions ; inefficient …
Persistent link: https://www.econbiz.de/10003923631