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"In designing a production model for firms that generate multiple outputs, we take as a starting point that such multi-output production refers to economies of scope, which in turn originate from joint input use and input externalities. We provide a nonparametric characterization of cost...
Persistent link: https://www.econbiz.de/10003375231
communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets …
Persistent link: https://www.econbiz.de/10009537710
In this paper, we describe a novel iterative procedure called SISTA to learn the underlying cost in optimal transport problems. SISTA is a hybrid between two classical methods, coordinate descent ("S"-inkhorn) and proximal gradient descent ("ISTA"). It alternates between a phase of exact...
Persistent link: https://www.econbiz.de/10012519120
, and its robust version based on bootstrap theory, to get reliable estimates of technical efficiency at the firm level in a …
Persistent link: https://www.econbiz.de/10011571910
We estimate a measure of well-being efficiency that assesses countries' ability to transform inputs into subjective well-being (Cantril ladder). We use the six inputs (real GDP per capita, healthy life expectancy, social support, freedom of choice, absence of corruption, and generosity)...
Persistent link: https://www.econbiz.de/10013431350
In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the nonparametric kernel SFA estimator of Fan, Li and Weersink (1996) to the nonparametric bias corrected DEA estimator of Kneip, Simar and Wilson (2008). We assess the finite sample...
Persistent link: https://www.econbiz.de/10009422459
-2014 and borrowing insights from production theory, we investigate whether nations in our sample efficiently convert their …
Persistent link: https://www.econbiz.de/10011664189
experiment conducted in a bank. In the treatment group managers obtained access to objective performance measures which raised …
Persistent link: https://www.econbiz.de/10011871952
. Our analysis is based on weekly observations for the 858 white collar workers hired by a large Italian bank between …
Persistent link: https://www.econbiz.de/10011404047
have less equity capital. Bank capitalization also proxies for the extent to which the regional banks' borrowers can obtain …
Persistent link: https://www.econbiz.de/10013358738