The purpose of this study is to measure the relative efficiency of banks in Jordan using DEA. Also, it investigated the determinants of such efficiency, in terms of bank size and capitalization. The duration of the measured performance of this sector is (2005-2008). The results indicate that...

In this paper we present a reformulation of a lemma due to Lippman and McCall - initially formulated a unique random variable - to be applied to the case of several random variables, and we illustrate its use in the theory of the firm under uncertainty. We have performed this on a recent model...

The goal of this study is to get a premium calculation principle, for the life insurance business, based on a coherent risk measure (Wang, 1995) in the form of power, called \Proportional Hazards (PH) Transforms" to justify the recommendation of Solvency II to reduce the effect of the mortality...

This paper uses data envelopment analys is to investigate the extent to which universities in the United States have undergone productivity and efficiency changes, partly due to managerial performance, during the 2005-09 academic years. Using panel data for 133 research a nd doctoral...

The formulas of cost and allocative efficiencies of decision making units (DMUs) with positive data cannot be used for DMUs with negative data. On the other hand, these formulas are needed to analyze the productivity and performance of DMUs with negative data. To this end, this study introduces...

The growth or decline of a region depends on its power to pull and retain both business and the right blend of people to run them. This pulling power depends on what we call the "Image" of the region, a variable which expresses the region's present state of development and future prospects and...

This paper theoretically analyses the measurement of capital flight scale, and the factors that affect capital flight. Then the basic equation of capital flight is improved by introducing three lemmas. -- capital flight ; equation ; capital control

The paper studies the efficiency of the Indian equity and futures markets by applying statistical techniques to returns and volatility during trading and nontrading hours. Returns have been decomposed into trading and non-trading period returns by taking close to open, open to close and close to...

This paper develops integral equation methods to the pricing problems of perpetual Bermudan options. By mathematical derivation, the optimal exercise boundary of perpetual Bermudan options can be determined by an integral-form nonlinear equation which can be solved by a root-finding algorithm....

This research was undertaken to develop a user-friendly, systematic management tool to understand and assess the key risks specific to PPP power station project with the ultimate goal of improving project performance. The study develops a conceptual risk assessment system (RAS) using combined...