Showing 1 - 10 of 303
efficiency. The scope of criminal law depends on activities considered harmless or harmful. Besides different scope of criminal …
Persistent link: https://www.econbiz.de/10014585154
terms of cost efficiency and jurisdictional authority overlap. Findings show that, the selected allowances markets generally …
Persistent link: https://www.econbiz.de/10014585262
The present research provides a critical review of the housing industry efficiency and its future in Iran. Data … technically efficient and the average efficiency score obtained by all states is 0.90. Most of the technically efficient states …
Persistent link: https://www.econbiz.de/10014585278
Abstract We consider an economy where production may use labor of two different skill levels. Workers are heterogeneous and, by investing in education, self-select into one of the two skills. Ex-ante, when firms choose their investments in physical capital, they do not know the level of human...
Persistent link: https://www.econbiz.de/10014586914
We examine vertical backward integration in a reduced-form model of successive oligopolies. Our key findings are: (i) There may be asymmetric equilibria where some firms integrate and others remain separated, even if firms are symmetric initially; (ii) Efficient firms are more likely to...
Persistent link: https://www.econbiz.de/10014588993
This paper studies mutual consent social networks in which individuals imperfectly monitor others' network ties and have incomplete information about the benefits of network participation. I introduce the Conjectural Pairwise Stability concept, which generalizes Jackson and Wolinsky's (1996)...
Persistent link: https://www.econbiz.de/10014589004
This paper characterizes the utility possibility frontier resulting in a model of private voluntary provision of a public good. It is shown that ex-ante lotteries over resource distributions among the agents can be Pareto improving. A corollary is that an equal distribution of resources among...
Persistent link: https://www.econbiz.de/10014589073
In this paper we revisit the first price and the second price sealed-bid auctions, but, unlike the standard model, we assume that bidding is conducted by an expert on behalf of the client, and that the client does not completely trust the expert's qualifications. In particular, if the client...
Persistent link: https://www.econbiz.de/10014589126
efficiency can be realized when more controls are matched to each case. This study expanded upon this and investigated the effect … distribution on the bias and relative efficiency of the conditional likelihood estimator from a nested case–control study. Methods …: Cohorts were simulated and analyzed using conditional logistic regression. Results: The relative efficiency decreased and bias …
Persistent link: https://www.econbiz.de/10014590593
A federal, i.e. decentralized, state is superior to a centralized one because it fulfills the preferences of the citizens more effectively. However, it is also faced with major problems. Therefore, a new kind of democratic federalism for Europe is proposed which maintains the great advantages of...
Persistent link: https://www.econbiz.de/10014591501