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Analyzing Cost Efficient Production Behavior Under Economies of Scope : A Nonparametric Methodology
Cherchye, L. - 2006
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/10012779393
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Grades and Rank : Impacts of Non-Financial Incentives on Test Performance
Jalava, Nina - 2014
How does effort respond to being graded and ranked? This paper examines the effects of non-financial incentives on test performance. We conduct a randomized field experiment on more than a thousand sixth graders in Swedish primary schools. Extrinsic non-financial incentives play an important...
Persistent link: https://www.econbiz.de/10013047861
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Labour Productivity in Kenyan Manufacturing and Service Industries
Heshmati, Almas - 2016
Labour productivity reflects a firm's ability to generate higher production or value-added. This paper analyses labour productivity and its determinants in the manufacturing and service sectors in Kenya. As the largest economy in East Africa, it is crucial for Kenya to have high labour...
Persistent link: https://www.econbiz.de/10012992728
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Endogenous Indoctrination : Occupational Choice, the Evolution of Beliefs, and the Political Economy of Reform
Saint-Paul, Gilles - 2009
Much of the political economy analysis of reform focuses on the conflict of interest between groups that stand to gain or lose from the competing policy proposals. In reality, there is also a lot of disagreement about the working of the policy: in addition to conflicting interests, conflicting...
Persistent link: https://www.econbiz.de/10013155704
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Pinning Down the Value of Statistical Life
Kniesner, Thomas J.; Viscusi, W. Kip; Woock, Christopher; … - 2021
Our research addresses fundamental long - standing concerns in the compensating wage differentials literature and its public policy implications: the econometric properties of estimates of the value of statistical life (VSL) and the wide range of such estimates from about $0.5 million to about...
Persistent link: https://www.econbiz.de/10013316766
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Altruism, Fertility, and the Value of Children : Health Policy Evaluation and Intergenerational Welfare
Birchenall, Javier Arturo; Soares, Rodrigo R. - 2021
This paper accounts for the value of children and future generations in the evaluation of health policies. This is … evaluation of current policies. Our model clarifies a series of puzzles from the literature on the "value of life" and on …
Persistent link: https://www.econbiz.de/10013317066
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Alternative Approaches to Evaluation in Empirical Microeconomics
Blundell, Richard W.; Costa Dias, Monica - 2021
This paper reviews some of the most popular policy evaluation methods in empirical microeconomics: social experiments … evaluation literature. A workhorse simulation model of education returns is used throughout the paper to discuss and illustrate …
Persistent link: https://www.econbiz.de/10013324816
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Cream-Skimming, Parking and Other Intended and Unintended Effects of Performance-Based Contracting in Social Welfare Services
Koning, Pierre - 2010
In a growing number of countries, the delivery of social welfare services is contracted out to private providers, and increasingly, using performance-based contracts. Critics of performance-based incentive contracts stress their potential unintended effects, including cream-skimming and other...
Persistent link: https://www.econbiz.de/10013146823
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Independent Individual Decision-Makers in Household Models and the New Home Economics
Grossbard, Shoshana Amyra - 2010
individual models presented in his theory of marriage. Decision-making models assuming independent individual household members …Much of the recent literature in household economics has been critical of unitary models of household decision … discusses another alternative: independent individual models of decision-making that don't make any specific assumptions of …
Persistent link: https://www.econbiz.de/10013139037
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Is It Money or Brains? The Determinants of Intra-Family Decision Power
Bertocchi, Graziella - 2012
We empirically study the determinants of intra-household decision power with respect to economic and financial choices …'s characteristics in terms of age, education, and income. The main conclusion is that decision-making power over family economics is not …
Persistent link: https://www.econbiz.de/10013104671