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The Unique-lowest Sealed-bid Auction
Houba, Harold; van der Laan, Dinard; Veldhuizen, Dirk - 2008
Unique-lowest sealed-bid auctions are auctions in which participation is endogenous and the winning bid is the lowest bid among all unique bids. Such auctions admit very many Nash equilibria (NEs) in pure and mixed strategies. The two-bidders' auction is similar to the Hawk-Dove game, which...
Persistent link: https://www.econbiz.de/10010325775
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Do basketball scoring patterns reflect illegal point shaving or optimal in-game adjustments?
Gregory, Jesse - In: Quantitative Economics 9 (2018) 2, pp. 1053-1085
This paper develops and estimates a model of college basketball teams' search for scoring opportunities, to provide a benchmark of the winning margin distributions that should arise if teams' only goal is to win. I estimate the model's structural parameters using first-half play-by-play data...
Persistent link: https://www.econbiz.de/10012215352
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Probabilistic Transitivity in Sports
Tiwisina, Johannes; Külpmann, Philipp - 2014
We seek to find the statistical model that most accurately describes empirically observed results in sports. The idea of a transitive relation concerning the team strengths is implemented by imposing a set of constraints on the outcome probabilities. We theoretically investigate the resulting...
Persistent link: https://www.econbiz.de/10010427182
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An Analysis of Revenue Maximising Efficiency of Public Sector Banks in the Post-Reforms Period
Singh, Ombir; Bansal, Sanjeev - In: Journal of Central Banking Theory and Practice 6 (2017) 1, pp. 111-125
maximising efficiency in the deregulation period from 2001-02 to 2012-13. Several efficiency estimates viz., overall technical … efficiency, pure technical efficiency and scale efficiency of individual banks are calculated using Data Envelopment Analysis … (DEA). The empirical findings indicate the presence of managerial and scale inefficiencies in the operation of the most of …
Persistent link: https://www.econbiz.de/10012217848
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Análisis de la productividad, eficiencia y sus factores explicativos: El caso de las empresas colombianas, 2005-2010
de Jorge Moreno, Justo; Castro, Javier Díaz - In: Revista de Métodos Cuantitativos para la Economía y … 26 (2018), pp. 315-343
This work has proposed, as objectives, the analysis of the evolution of efficiency and its determinants through … nonparametric analysis DEA factors and use of the method by Simar and Wilson (2007) to companies belonging to 27 sectors of … improving efficiency levels across the board. The determinants of efficiency have been market concentration, market share and …
Persistent link: https://www.econbiz.de/10014494519
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Errors in survey based quality evaluation variables in efficiency models of primary care physicians
Kittelsen, Sverre A. C.; Galtung Kjæserud, Guri; … - 2001
Efficiency analyses in the health care sector are often criticised for not incorporating quality variables. The … the use of resources in various Data Envelopment Analysis (DEA) models. As the use of survey data implies that the quality … variables are measured with error, the assumptions underlying a DEA model are not strictly fulfilled. This paper focuses on ways …
Persistent link: https://www.econbiz.de/10010284238
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International benchmarking of electricity distribution utilities
Førsund, Finn R.; Edvardsen, Dag Fjeld - 2001
Benchmarking by means of applying the DEA model is appearing as an interesting alternative for regulators under the new …
Persistent link: https://www.econbiz.de/10010284240
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Terminal units in DEA: Definition and determination
Krivonozhko, Vladimir; Førsund, Finn R.; Lychev, Andrey V. - 2011
Applications of the DEA models show that inadequate results may arise in some cases, two of these inadequacies being: a …) too many efficient units may appear in some DEA models; b) a DEA model may show an inefficient unit from the point of view … concept of a terminal unit is introduced for such units. A method for improving the adequacy of DEA models based on terminal …
Persistent link: https://www.econbiz.de/10010285549
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Weight restrictions in DEA: Misplaced emphasis?
Førsund, Finn R. - 2011
Measuring productive efficiency is an important research strand within fields of economics, management science and … operations research. One definition of efficiency is the proportional scaling needed for observations of an inefficient unit to … weighted inputs. When linear programming is used to estimate efficiency the two definitions give identical results due to the …
Persistent link: https://www.econbiz.de/10010285579
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¿Son los Gobiernos locales más eficientes cuando su coalición política está en el Gobierno central? Un estudio para el caso de las municipalidades en Chile
Martínez, José; Salazar, César; Améstica-Rivas, Luis - In: Estudios de Economía 47 (2020) 1, pp. 49-78
. First, we estimate efficiency scores by the Data Envelopment Analysis (DEA) approach. Second, a Fractional Probit model is … la eficiencia técnica de las municipali- dades en Chile, haciendo especial énfasis en aquellos factores de tipo político … que inciden en la eficiencia en la gestión local. En particular, el foco es puesto en la relación entre la ideología …
Persistent link: https://www.econbiz.de/10014486148