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This is a draft of the first half of an open access textbook on game theory. I hope to complete the entire book by the end of 2015. After teaching game theory (at both the undergraduate and graduate level) at the University of California, Davis for 25 years, I decided to organize all my teaching...
Persistent link: https://www.econbiz.de/10011429960
This paper investigates the link between competition and efficiency for the Hungarian corporate sector during various … estimated production functions indicate a gradual improvement in efficiency and a shift from decreasing to increasing returns to … efficiency of the firm. …
Persistent link: https://www.econbiz.de/10011545481
Our research as well as that by other authors has found scale economies at all sizes of banks and the largest scale economies at the largest banks – that is, larger banks are able to provide products at lower average cost than smaller banks. While the earlier literature found that scale...
Persistent link: https://www.econbiz.de/10011416928
experiment whether gossip affects the efficiency of human interactions. We let subjects play a trust game. Third parties observe … possibility of gossip is highly efficiency-increasing compared to a situation without any gossip. In two further control … treatments, we show that the mere fact of being observed by third parties cannot explain the efficiency-increasing effect of …
Persistent link: https://www.econbiz.de/10011420430
This paper evaluates the efficiency of the telecommunications sector in Latin America. The great dynamism acquired by … Latin as well as to assess its efficiency and to what extent it accounted as a dynamic component in the telecommunications … measure on the results of the privatizations in terms of efficiency is obtained. To measure the efficiency of the …
Persistent link: https://www.econbiz.de/10011487806