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Persistent link: https://www.econbiz.de/10008842049
We examine theoretically and experimentally how competitive contribution-based group formation affects incentives to free-ride. We introduce a new formal model of social production, called a "Group-based Meritocracy Mechanism" (GBM), which extends the single-group-level analysis of a Voluntary...
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Scale characteristics are key properties of production functions that determine optimal firm sizes, and have considerable policy implications for sectors undergoing restructuring. However, estimates of scale characteristics typically vary with the assumptions of the underlying empirical model....
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While productivity growth in electricity generation is associated with multiple positive effects from an economic and environmental perspective, measuring it is challenging. This paper proposes a framework to estimate and decompose productivity growth for a sector characterized by multiple...
Persistent link: https://www.econbiz.de/10011392214
Mehr als 1600 Verteilnetzbetreiber versorgen deutsche Haushalte mit Strom und Gas. Dabei handelt es sich um »natürliche Monopole«, d.h. es gibt keinen direkten Wettbewerb zwischen den Unternehmen, sondern werden sie durch die Bundesnetzagentur im Anreizregulierungsverfahren reguliert....
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Efforts undertaken by France to restructure the allocation of governmental competencies increased the importance of subnational governments by transferring additional tasks. This paper analyzes the efficiency of public spending on an intermediate government level for a sample of 96 départements...
Persistent link: https://www.econbiz.de/10009025167