This note examines the efficiency gains that might result from market-based debt reduction and alternative uses of … government investment or consumption. Given considerable uncertainty about the efficiency returns of alternative uses of …

This study developed an Education Efficiency Index for 31 countries, both developed and developing, which can be used … everybody interested in efficiency in education, to predict more accurately how students will perform in international … assessments. It can also be used by anybody interested in efficiency measures in any area, once they have access to input and …

This contribution shows that high-efficiency coordination via strategy sorting is possible even within a modest number … mechanisms to enhance coordination on high-efficiency equilibria, i.e. making them more “attractive” relative to lower efficiency … is the more attractive the safer option is, the easier is to coordinate on high efficiency equilibria …