Showing 1 - 10 of 364
Nash implementable if the number of firms is at least two. Thus, monopoly regulation whenever consumers are favored by the …
Persistent link: https://www.econbiz.de/10005835475
“helping hand” view of government is advanced as having a fundamental role in the regulation and supervision of banks …. Furthermore, governments have a vital role to play in corporate responsibility and regulation given the fact that banks are costly … Regulation model, the paper attempts to highlight the role played by government in the direct monitoring of firms. In proposing …
Persistent link: https://www.econbiz.de/10008498483
government and central bank intervention are essential and required in financial regulation. The role presently assumed by … regulation is not the same as it was thirty years ago. Deregulation and conglomeration have significantly altered the landscape … in which regulation previously existed and to an extent, defined the role which it presently assumes. For this reason …
Persistent link: https://www.econbiz.de/10008574262
affects the regulation of a monopoly under asymmetric information. Since part of the informational rent left to the …
Persistent link: https://www.econbiz.de/10011108661
asymmetries that makes the regulator unable to achieve first best during regulation, is also the cause of deregulation and … regulation contract is analysed. …
Persistent link: https://www.econbiz.de/10011113845
This paper analyses problems of labor market adjustments to occupational safety and health (OSH) hazards. It also presents analytical models for the eventual measurement and empirical analyses of factors effecting the level of OSH hazards in the workplace. This study does not pretend to deal...
Persistent link: https://www.econbiz.de/10005623320
The level of interest in smart cities is growing, and the recent literature on this topic (Holland, 2008; Caragliu et al., 2009, Nijkamp et al., 2011 and Lombardi et al., 2012) identifies a number of factors that characterise a city as smart, such as economic development, environment, human capital,...
Persistent link: https://www.econbiz.de/10011260505
Estimation and decomposition of overall (economic) efficiency into technical and allocative components goes back to Farrell (1957). However, in a cross-sectional framework joint econometric estimation of efficiency components has been mostly confined to restrictive production function models...
Persistent link: https://www.econbiz.de/10008545958
The stochastic frontier model was first proposed in the context of production function estimation to account for the effect of technical inefficiency. The inefficiency causes actual output to fall below the potential level (that is, the production frontier) and also raises production cost above...
Persistent link: https://www.econbiz.de/10009025317
This paper focuses on performance measures based on a panel of 22 sectors of the Senegalese economy. A particular emphasis is made on the profitability which is the indicator looked at by both the government to identify sectors that need help, investors to know which sector is attractive and...
Persistent link: https://www.econbiz.de/10011107598