Policy recommendations concerning optimal scale of production units often have serious implications for the restructuring of a sector, while tests of natural monopoly have important implications for regulatory structure. The piecewise linear frontier production function framework is becoming the...

The intention in this article is to consider some basic questions of transition after the more than ten years that have elapsed since this process has started, and after the emergence of a huge literature which tries to explain it. The structure of the article is as it follows: Part I is about a...

In this paper we discuss a general framework for analyzing labor supply behavior in the presence of complicated budget- and quantity constraints of which some may be unobservable. The point of departure is that an individual's labor supply decision can be considered as a choice from a set of...

Institutional restructuring in West Germany and Eastern Europe is a consequence of the failure of two major socialist experiments, National Socialism and Marxism-Leninism. The paper addresses a number of issues such as: Why was the transition of West Germany in the 1950s more successful than the...

The asymptotics of large deviation probabilities for two-sample non degenerate von Mises functionals and U- statistics of arbitrary degree is investigated. We find explicitly the main term of this asymptotics. Some examples motivated by nonparametric statistics are given. The result may be...

Criminal investigation and prosecution of politicians, top civil servants and other public figures are topics frequently discussed in the media. The nature of the investigating or prosecuting authority varies between countries – from the general public prosecutor, through magistrates to...

We compare various kinds of independence tests on samples with random size, in order to provide practitioners with some guidance for their choice based on approximate Bahadur efficiency. Such results are obtained for a wide class of distributions of random index; the efficiency slopes of the...

In 1970 only one percent of American housing units were located in a homeowner association, condominium or cooperative - the three main instruments of collective private ownership of housing. By 1998, this figure had risen to 15 percent. In major metropolitan areas, 50 percent of new housing...

A substantial body of empirical evidence shows that individuals overweight extreme events and act in conflict with the expected utility theory. These findings were the primary motivation behind the development of the rank-dependent utility theory. The purpose of this paper is to demonstrate that...

There can be little doubt that Rational Choice Theory (RCT) - with its emphasis on the 'instrumentally rational' individual as the foundation of the political process - has significantly enhanced the scope of political science. This paper details many of the areas of political science in which...