This paper evaluates the efficiency of the twenty-one largest Syndicates of Lloyd's of London. Members of Lloyd's of … 2004 and 2011. Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) are used to estimate the efficiency …, that the average annual efficiency estimates for all Syndicates are plausible and they follow three-year cycles. Secondly …

from 1960 to 2007, it analyzes whether antitrust law actually has a positive effect on democracy and economic growth. The …, there is no significant positive effect on the level of democracy. It is suggested that these results might be due to the … current structure of existing antitrust laws, which are designed to promote economic efficiency rather than to prevent …