Data Envelopment Analysis (DEA). A Total Public Sector Performance (TPSP) indicator for eight local government activities …The purpose of this paper is to analyze the efficiency of the 26 Swiss cantons over the period 2000 to 2004 applying … economy) is calculated to measure technical efficiency. Efficiency scores are then related to the fiscal equalization scheme …

Envelopment Analysis (DEA) to the years 2000 to 2004. Aggregate output performance indicators for four local government activities … (administration, education, health, and transportation) are used to measure technical and scale efficiency and to derive DEA scores …

We investigate the causal effect of market structure on market performance in the consumer electronics. We combine data …

) shows that this constraint might well bind: insured could get higher expected utility if insurance contracts would allow … optimal insurance contract he derives underestimates the relevance of the non-negativity constraint on indemnities. This paper …

Under certain conditions the optimal insurance policy will offer full coverage above a deductible, as Arrow and others … have shown long time ago. Interestingly, the same design of insurance policies applies in case of a single loss and ex …-ante moral hazard. However, many insurance policies provide coverage against a variety of losses and the possibilities for the …

correlation in their assets (health, wealth, wisdom, i.e. skills), causing them to demand a great deal of insurance coverage …. Insurers on the other hand eschew positively correlated risks. It can be shown that insurance contributes to a reduction of … insurance. Analyzing deviations from trend in aggregate insurance payments, one finds the following for the United States and …