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Dissolving Multi-Partnerships Efficiently
Yenmez, M. Bumin - 2012
I study a market where agents with jointly owned heterogeneous goods trade subject to the constraint that each agent ends up with one good. In this market the existence of an efficient, incentive compatible, individually rational and budget balanced mechanism depends on the shares of the agents....
Persistent link: https://www.econbiz.de/10014048103
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Inefficient Pre-Bargaining Search
Wernerfelt, Birger - 2011
develop comparative static results about over- and under-investment as a function of the efficiency and distributional …
Persistent link: https://www.econbiz.de/10013131685
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Productive Versus Innovative Inefficiency in China's State Enterprises
Wu, Yanbing - 2015
This paper proposes the new hypothesis that the loss of innovative efficiency is greater than the loss of productive … efficiency in Chinese state-owned enterprises (SOEs). SOE reform in China has been able to achieve substantial improvements in … SOE productive efficiency by using supervision and incentive mechanisms to establish adequate symmetry between residual …
Persistent link: https://www.econbiz.de/10013011452
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Efficient Demonetization
Dixit, Shiv - 2020
What were the distributional consequences of the recent demonetization in India? Can the implementation of demonetization be improved to mitigate its distributional impact? This paper answers these questions using a dynamic contracting model featuring costly state verification and...
Persistent link: https://www.econbiz.de/10012853603
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Incentive regulation : evidence from German electricity networks
Hellwig, Michael; Schober, Dominik; Cabral, Luís M. B. - 2019 - This version: January 29, 2019
significant (about 10% of total cost) for firms in the upper quartile of the efficiency distribution, a pattern which is …
Persistent link: https://www.econbiz.de/10011971656
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Incentive regulation : evidence from German electricity networks
Hellwig, Michael; Schober, Dominik; Cabral, Luís M. B. - 2018
quartile of the efficiency distribution, a pattern which is consistent with the pooling of types under the threat of ratcheting. …
Persistent link: https://www.econbiz.de/10011795225
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Constrained Efficiency
Copic, Jernej - 2023
I define constrained efficient direct mechanisms as those that are not Pareto dominated within the set of direct mechanisms that satisfy some given feasibility constraints – incentive compatibility and other constraints. I show a standard equivalence with maximization of a social welfare...
Persistent link: https://www.econbiz.de/10014355860
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Managing Growth to Achieve Efficient Coordination in Large Groups
Weber, Roberto A. - 2002
efficiency …
Persistent link: https://www.econbiz.de/10014112105
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Analysis of Productivity Parameters of Qatar by Using Stochastic Frontier Production Function
Mohamed, Issam A.W. - 2012
. When technical efficiency was compared with technical change under the conditions of variable rate of return the average … change in technical efficiency increased to 93.2% whereas technical change increased to 75.9%. The comparison during the … period 1987-1992 of technical change and technical efficiency that recorded 86.2% and 113.1%, consecutively, there were …
Persistent link: https://www.econbiz.de/10013110448
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Firm Investment and Credit Constraints in India, 1997-2006 : A Stochastic Frontier Approach
Bhaumik, Sumon K. - 2011
estimate the deviation from this unobserved optimum in the form of an (investment) efficiency score that varies between zero …
Persistent link: https://www.econbiz.de/10013129983