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In this paper we consider the interaction between local workers and migrants in the production process of a firm. Both local workers and migrants can invest effort in assimilation activities in order to increase the assimilation of the migrants into the firm and so by increase their interaction...
Persistent link: https://www.econbiz.de/10010336063
We analyze the interaction between market structure and market performance and how it varies over the product cycle. To …
Persistent link: https://www.econbiz.de/10010368278
The paper seeks to lay out a stock-flow-based theoretical framework that provides a foundation for a general theory of pricing. Contemporary marginalist economics is usually based on the assumption that prices are set in line with the value placed on goods by consumers. It does not take into...
Persistent link: https://www.econbiz.de/10010513048
and private school competition. Using Data Envelopment Analysis (DEA) an efficiency model introduced by Olesen and … the DEA why the possibility to discriminate between production units using educational data is discussed. Efficiency is …The purpose of the paper is to investigate the influence on efficiency in public education from teacher characteristics …
Persistent link: https://www.econbiz.de/10013208433
increasing. Public school efficiency is estimated using Data Envelopment Analysis (DEA). Modelling education is difficult since …The focus in this study is on how efficiency in public education is affected by competition from private schools. The …-economic backgrounds. A number of approaches have been proposed concerning how to model this in a DEA setting. In this study, four …
Persistent link: https://www.econbiz.de/10013208499
Envelopment Analysis (DEA) and the two models are used to test whether there are significantly different efficiency estimates …This paper investigates the relative efficiency of 21 Swedish county councils through two efficiency models; one … other on quality outputs in the form of health-related outcomes (outcome model). Efficiency is estimated using Data …
Persistent link: https://www.econbiz.de/10013208520
This study uses Markowitz mean-variance portfolio theory with forecasted data for the years 2005 to 2035 to determine efficient electricity generating technology mixes for Switzerland. The SURE procedure has been applied to filter out the systematic components of the covariance matrix. Results...
Persistent link: https://www.econbiz.de/10010315520
errors. Additionally, estimates of firm level technical efficiency are severely biased for traditional MLE compared to … reliability ratio estimator, rendering inter-firm efficiency comparisons infeasible. The seriousness of measurement errors in a …
Persistent link: https://www.econbiz.de/10013208401
brink of bankruptcy. In one case, AIG used securities lending to transform insurance company assets into residential … threatening the solvency of the life insurance companies. AIG also sold insurance on multi-sector CDOs, backed by real estate …
Persistent link: https://www.econbiz.de/10011460674
The wealth dynamics of insurance companies strongly depends on the success of their investment strategies, but also on … investment strategy that does not take liquidity shocks into account, exposes insurance companies to the risk of bankruptcy. This … paper analyzes the behavior of insurance companies in an evolutionary framework. We show that an insurance company that …
Persistent link: https://www.econbiz.de/10005858142