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effect and the tax-loss selling hypothesis. These results provide some support to the informational efficiency aspect of the … market efficiency hypothesis. …
Persistent link: https://www.econbiz.de/10005634441
equity. This paper introduces various ways to consider efficiency and equity simultaneously. Lower (higher) discount rates …
Persistent link: https://www.econbiz.de/10005634602
efficiency across four different experimental designs evaluated by Monte Carlo experiments. Two different situations are …
Persistent link: https://www.econbiz.de/10005634945
issue of labour market flexibility in transition countries by studying the optimality and efficiency of labour usage among … by value-added and capital stock. Speed of adjustment and labour use optimality and efficiency show much greater … the efficiency of labour usage. On average there is shortage of labour compared to firm’s own optimal level, while over …
Persistent link: https://www.econbiz.de/10005635032
the efficiency of their health care system. This suggests that the method currently used by the WHO indeed favours health …
Persistent link: https://www.econbiz.de/10005635244
Based on regularly published data we quantitatively assess the efficiency of UK secondary, private schools in providing … performance distinguishing criteria amongst sample schools, i.e. on average quantity efficiency is low while quality efficiency is …
Persistent link: https://www.econbiz.de/10005222883
Persistent link: https://www.econbiz.de/10005227047
This paper develops a formal model of exchange network stability that combines expected value theory (Friedkin 1995) with the economic literature on network dynamics. We identify stable networks up to size 8 for varying costs and investigate whether they are Pareto efficient and egalitarian....
Persistent link: https://www.econbiz.de/10005230832
Agents' valuations are interdependent if they depend on the signals of all agents. Previous literature has claimed that with interdependent valuations and multidimen-sional, but independent, signals, efficient auction design is impossible. This paper shows that, on the contrary, it is always...
Persistent link: https://www.econbiz.de/10005230836
sufficient conditions for efficiency in terms of cyclical monotonicity. The n-player group version always yields efficiency. …
Persistent link: https://www.econbiz.de/10005230849