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The principal aim of this paper is to measure the amount by which the profit of a multi-input, multi-output firm deviates from maximum short-run profit, and then to decompose this profit gap into components that are of practical use to managers. In particular, our interest is in the measurement...
Persistent link: https://www.econbiz.de/10009447900
ökonomischen wie auch nicht-ökonomischen Modelle wird die mikroökonomische Theorie der Insitutionenökonomik, hier insbesondere des … surveying the transaction cost theory.// With alteration of mass production of standardised products into assembly of highly …
Persistent link: https://www.econbiz.de/10009467182
Im traditionellen Lebensmittel-Supermarkt stellt die Verkaufsfläche neben dem Personal wohl den wichtigsten Leistungsfaktor dar. Dieser Faktor ist aber mit hohen fixen Kosten belastet. Ein Ziel von Lebensmitteleinzelhandelsunternehmen ist, den Ertrag auf der bestehenden Verkaufsfläche zu...
Persistent link: https://www.econbiz.de/10009448913
Published as Feeny, David, "Sub-Optimality and Transaction Costs on the Commons," in Edna Tusak Loehman and D. Marc Kilgour (eds.), Designing Institutions for Environmental and Resource Management (Cheltenham, Edward Elgar Publishing, Ltd., 1998), 124-141. "Much of the literature on the...
Persistent link: https://www.econbiz.de/10009468417
to explain nonprofit production of certain types of goods. Hansmann (1980, 1986) developed Contract Failure Theory to …. Weisbrod (1977, 1988) developed the theory of Market/Government Failure to explain nonprofit production of collective goods … primary justification for the nonprofit institutional form. In Contract Failure Theory it signals quality to consumers because …
Persistent link: https://www.econbiz.de/10009468484
"We are concerned here with the creation of non-market institutions for reducing the cost of risk in poor agrarian societies that operate at low levels of technology without the benefits of insurance, credit and other intertemporal markets. 1 Institutions, the formal and informal rules that...
Persistent link: https://www.econbiz.de/10009468491
This paper evaluates how efficiently farm households allocate labor between farm and off-farm activities. It estimates farm and off-farm labor supply functions to determine the factorsthat influence labor allocation. Both the shadow wage and the off-farm wage rate are includedas regressors in...
Persistent link: https://www.econbiz.de/10009445896
Presented at: NATIONAL AUTONOMUOS UNIVERSITY OF NICARAGUA, LEONINVESTIGATION VICERECTOR, POSTPGRADUATE AND SOCIAL PROJECTION2th SCIENTIFIC CONGRESS¨THE INVESTIGATION A WAY TO THE KNOWLEGE AND DEVELOPMENT¨17 NOVIEMBRE 2009
Persistent link: https://www.econbiz.de/10009446512
The method of elicitation has an important effect on valuations. We investigate the effect of perspective on decision makers' elicited values. We conduct experimental sessions in which participants act as sellers or buyers, and replicate the disparity between willingness to accept and...
Persistent link: https://www.econbiz.de/10009459058