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firms under certainty. This paper extends the theory by further investigating the effects of regret-aversion on production …-averse firms to produce more than the purely risk-averse counterparts and study the comparative statics of the optimal production …. We also develop properties of regret-aversion on production. …
Persistent link: https://www.econbiz.de/10012268101
considered as a measure of this objective and, in turn, as a measure of productivity in relation to the production process in … which the journals are involved. In order to assess this production process, in this paper econometric models using data … distance between the actual production of the journals and their estimated maximum achievable number of citations based on …
Persistent link: https://www.econbiz.de/10012437397
economic crisis have affected the distribution of income and production within and between countries. Considering both, current …
Persistent link: https://www.econbiz.de/10013041005
Continuous organic production growth in the Republic of Serbia poses the issue of the existence of adequate … development of organic food production and demand for these products indicates that this market segment is not negligible. Hence …
Persistent link: https://www.econbiz.de/10014372833
Despite the notable progress made in the development of digital financial services in sub-Saharan Africa, no comprehensive measure is currently available to quantify this progress. Therefore, we constructed a digital financial inclusion index using a parametric approach. Our findings show an...
Persistent link: https://www.econbiz.de/10015152649
Subgroup Decomposability is a very useful property in an inequality measure, and level-sensitivity, which requires a given level of inequality to acquire a greater significance the poorer a population is, is a distributionally appealing axiom for an inequality index to satisfy. In this paper,...
Persistent link: https://www.econbiz.de/10009238628
In this paper we look for a solution to a land division problem that could be applied to different types of disputes when the arbitrator has a very limited information about the agents' preferences. The solution must be fair and efficient under the constraint of the limited information available...
Persistent link: https://www.econbiz.de/10009506437
"Systemic risk" now occupies centre stage in discussions of bank regulatory reform. Systemic risk is often seen as a problem of size, operational complexity, interconnectivity and contagion. It is less often discussed in terms of the institutional framework of legal rules and principles within...
Persistent link: https://www.econbiz.de/10009753009
The aim of this paper is to contribute to the debate on the pro-poor growth measurement techniques using monetary versus non-monetary indicators. In this context, an alternative method for introducing non-monetary indicators into monetary pro-poor growth analysis is presented. The method is...
Persistent link: https://www.econbiz.de/10009753012
Erhöht der frühere Besuch des Kindergartens die Bildungsmobilität zwischen Kind und Eltern? Wir nutzen Schweizer Daten, um dieser Frage nachzugehen. Frühschulische Politik wird in der Schweiz auf kantonaler Ebene geregelt, so dass das Kindergartensystem zwischen den Kantonen unterschiedlich...
Persistent link: https://www.econbiz.de/10010418448