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This paper is aimed at exploring how X-efficiency or management quality is associated with one of the most vivid forms … supposition that management quality ought to be one of the foremost firm-specific factors likely to drive a bank's aspiration of … higher the level of Xefficiency or managerial quality of a bank the larger the likelihood of becoming a bank with a strong …
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We motivate the formulation of market equilibria as a mixed complementarity problem (MCP) in order to bridge the gap between bottom-up energy system models and top-down general equilibrium models for energy policy analysis. Our objective is primarily pedagogic. We first lay out that the MCP...
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