Showing 1 - 10 of 3,605
The purpose of this paper is to compare the cost efficiency of private and public property insurance providers in …
Persistent link: https://www.econbiz.de/10011507834
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
We explore the implications of trade liberalization in economies with State Owned enterprises (SOEs) and shirking. SOEs are modelled as controlled by the members of the enterprise who determine output and effort levels, while facing output prices and wage rates set by government. Enterprise...
Persistent link: https://www.econbiz.de/10009781577
productivity, and employ less workers than the public firm. Allocative efficiency therefore increases. Nevertheless, prices of the …
Persistent link: https://www.econbiz.de/10011404420
Persistent link: https://www.econbiz.de/10003498759
contribute, on average, 20% of the total merger value added. Moreover, we find that multimarket efficiency gains dominate …
Persistent link: https://www.econbiz.de/10011549386
We analyse the effects of investment decisions and firms internal organisation on the efficiency and stability of …. We show that often stable mergers do not lead to more e.ciency and may even lead to efficiency losses. These mergers lead … to lower total welfare, suggesting that a regulator should be careful in assuming that possible efficiency gains of a …
Persistent link: https://www.econbiz.de/10011507904
This paper addresses a key but neglected task in the theory of international taxation, lent increased urgency by … regimes. It shows that the Diamond-Mirrlees theorem on the desirability of production efficiency, which underlies the key … revenues across countries ? under which production efficiency is nevertheless desirable, and a general characterization …
Persistent link: https://www.econbiz.de/10009781652
, we employ an advanced non-parametric efficiency model to study the public sector (cost) efficiency implications of such … distortions. Using a unique dataset covering the Czech regions over the 2007-2014 period, we find that the efficiency of public … power ("party donors"). We link this efficiency difference to two underlying mechanisms: i.e. shifts in procurement contract …
Persistent link: https://www.econbiz.de/10011996245
We study contestability in non-profit markets when non-commercial providers supply a homogeneous collective good through increasing-returns-to-scale technologies. Unlike in the case of for-profit competition, in the non-profit case the absence of price-based sales contracts means that fixed...
Persistent link: https://www.econbiz.de/10010418091