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We propose a measure of well-being efficiency to assess countries' ability to transform inputs into subjective well … sample of 126 countries. Efficiency scores reveal that high ranking subjective well-being countries, such as the Nordics, are … not strictly the most efficient ones. Also, the scores are uncorrelated with economic efficiency. This means that the …
Persistent link: https://www.econbiz.de/10013164102
We estimate a measure of well-being efficiency that assesses countries' ability to transform inputs into subjective … Analysis to a sample of 126 countries. Efficiency scores reveal that high ranking subjective well-being countries, such as the … Nordics, are not strictly the most efficient ones. Also, the scores are uncorrelated with economic efficiency. This suggests …
Persistent link: https://www.econbiz.de/10013431350
by the Ramsey government not only increases aggregate efficiency, but it also decreases inequality. This result is in … contrast to common view and policy practice. -- user fees ; Ramsey taxation ; efficiency ; inequality …
Persistent link: https://www.econbiz.de/10009571131
We provide a new characterization of the Shapley value neither using the efficiency axiom nor the additivity axiom. In … this characterization, efficiency is replaced by the gain-loss axiom (Einy and Haimanko, 2011, Game Econ Behav 73: 615 … player axiom. -- Shapley value ; gain-loss axiom ; differential marginality ; efficiency ; additivity …
Persistent link: https://www.econbiz.de/10009680709
of the well-known trade-off between competition and production efficiency. Most conventional beliefs actually require …
Persistent link: https://www.econbiz.de/10012729859
effectiveness and efficiency according to their actor constellation and shared characteristics. Though the importance of functioning …
Persistent link: https://www.econbiz.de/10012978122
We consider a dynamic market with two firms that sell competing common-value products. The firms offer both products to an infinite set of rational consumers. Each consumer observes a conditionally independent and identically distributed private signal about the product qualities. Consumers...
Persistent link: https://www.econbiz.de/10013234614
In priority-based matching problems, there is a trade-off between efficiency andreducing justified-envy. We show that …
Persistent link: https://www.econbiz.de/10012828839
providers cannot beat private providers in terms of aggregate efficiency. We finally design a transfer scheme that can make a …
Persistent link: https://www.econbiz.de/10009130257
influence the conversion efficiency. Using data on 91 countries from 2009-2014, we find that that well-being efficiency gains …-time employment are associated with lower 'subjective well-being efficiency,' while social support, freedom, and the rule of law … checks and raise policy-relevant questions about the appropriate instruments to improve subjective well-being efficiency. …
Persistent link: https://www.econbiz.de/10012241824