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microeconomic theory to these fundamental questions about resource management practises 'before the fall'. The essential argument is …
Persistent link: https://www.econbiz.de/10009468425
"The Tiebout model is one of our most important theories of local government. It is also one of the most controversial. Current debate over the Tiebout model revolves around the apparent disparity between results of macro- and micro-level empirical studies. While macro-level evidence shows...
Persistent link: https://www.econbiz.de/10009468351
"Contrary to most economic theory, consumers are not always easily distinguished from producers, particularly in the …
Persistent link: https://www.econbiz.de/10009468492
When building an economic model for supply analysis the aim is to model a decision makingprocess of one or more agents which fits the observed practice as good as possible. Hereby themodeller is often confronted with incomplete information about the production process; particularcrop specific...
Persistent link: https://www.econbiz.de/10009443243
information theory and to well-founded decision models when framed in an expected utility maximization context. In applications …
Persistent link: https://www.econbiz.de/10009475514
services, and the entropy (or diversity) of services within postal code areas and how this measure correlates to the presence … locate in areas with a lower diversity of services.The results of this research add to a growing body of research and theory …
Persistent link: https://www.econbiz.de/10009450967
Anecdotal data affirms that companies applying Lean Six Sigma in their operations not only deliver higher quality products and services, but also obtain superior financial results. The goal of this research was to empirically verify anecdotal data. The study proposed to analyze a group of...
Persistent link: https://www.econbiz.de/10009457236
The level of internal and external entropy belongs to basic indicators of evaluation of successfulness of management …. Entropy represents measure of nonsystematicness enterprise, which can lead to decrease its productivity. The aim of the … article is to describe and evaluated measure of entropy of agricultural enterprises. …
Persistent link: https://www.econbiz.de/10011316136
This report analyzes the relationship between thermodynamic and information entropy. It is shown that in the case of …
Persistent link: https://www.econbiz.de/10011316148
GMM provides a computationally convenient estimation method and the resulting estimator can be shown to be consistent and asymptotically normal under the fairly moderate regularity conditions. It is widely known that the information content in the population moment condition has impacts on the...
Persistent link: https://www.econbiz.de/10009431183