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Displaying results 1 to 23 of 23.

  1. Product quality and consumer search
    Author: Moraga-González, José Luis; Sun, Yajie
    Published: 28 April 2020
    Publisher:  Centre for Economic Policy Research, London

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    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP14669
    Subjects: quality investment; sequential search; super- and sub-modular match value distributions; efficiency
    Scope: 1 Online-Ressource (circa 35 Seiten), Illustrationen
  2. Search frictions and efficiency in decentralized transport markets
    Author: Brancacci, Giulia; Kalouptsid, Myrto; Papageorgiou, Theodore; Rosai, Nicola
    Published: 2020
    Publisher:  Boston College, Chestnut Hill, MA, USA

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    Series: Boston College working papers in economics ; 1010
    Subjects: search; friction; efficiency; transport; optimal policy
    Scope: 1 Online-Ressource (circa 90 Seiten), Illustrationen
  3. Positional preferences and efficiency in a dynamic economy
    Author: Aronsson, Thomas; Ghosh, Sugata; Wendner, Ronald
    Published: February 2020
    Publisher:  Department of Economics, Department of Public Economics, University of Graz, Graz

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    Series: Graz economics papers ; GEP 2020, 01
    Subjects: Positional preferences; efficiency; intertemporal distortions; welfarist government; paternalist government; endogenous growth
    Scope: 1 Online-Ressource (circa 64 Seiten)
  4. A theory of public goods under complementarity between safety and consumptions
    Author: Aiba, Ikuto; Satō, Yasuhiro
    Published: April 2020
    Publisher:  [CIRJE, Faculty of Economics, University of Tokyo], [Tokyo]

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    Series: Array ; CIRJE-F-1150
    Subjects: complementarity; public security; tax competition; efficiency
    Scope: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  5. Positional preferences and efficiency in a dynamic economy
    Author: Aronsson, Thomas; Ghosh, Sugata; Wendner, Ronald
    Published: January 30, 2020
    Publisher:  Department of Economics, Umeå University, Umeå, Sweden

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    Series: Umeå economic studies ; 969
    Subjects: Positional preferences; efficiency; intertemporal distor-tions; welfarist government; paternalist government; endogenous growth
    Scope: 1 Online-Ressource (circa 60 Seiten)
  6. Efficiency of local governments in health service delivery
    a stochastic frontier analysis
    Author: Cuenca, Janet S.
    Published: March 2020
    Publisher:  Philippine Institute for Development Studies, Quezon City, Philippines

    The study analyzes the efficiency implications of fiscal decentralization using stochastic frontier analysis (SFA). It uses LGU health expenditure (in per capita real terms) as input. The output variables of interest include access to safe water and... more

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    The study analyzes the efficiency implications of fiscal decentralization using stochastic frontier analysis (SFA). It uses LGU health expenditure (in per capita real terms) as input. The output variables of interest include access to safe water and sanitation, health facility-based delivery, and access to hospital inpatient services. It also uses LGU income and its major components (i.e., own-source revenue and IRA, in per capita real terms) as covariates; as well as the health expenditure decentralization ratio to account for fiscal autonomy on the expenditure side and two measures of fiscal decentralization to account for financial/fiscal autonomy of the local government units (LGUs) on the income side (i.e., the ratio of LGU own-source revenue to LGU expenditures and ratio of LGU own-source revenue to LGU income) as factors affecting efficiency. The findings of SFA lend empirical evidences to what the literature says about the health devolution experience in the country. Issues on mismatch between local government fiscal capacity and devolved functions, fragmentation of health system, existence of two-track delivery system, and unclear expenditure assignments, among others inevitably create inefficiency. These issues should be addressed to fully reap the potential benefits (e.g., efficiency gains) from fiscal decentralization, particularly health devolution.

     
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    hdl: 10419/240995
    Series: Discussion paper series / Philippine Institute for Development Studies ; no. 2020, 06 (March 2020)
    Subjects: efficiency; health devolution; fiscal decentralization; stochastic frontier analysis
    Scope: 1 Online-Ressource (circa 33 Seiten)
  7. Do merger policies inceranse university efficiency?: evidence from a fuzzy regression discontinuity design
    Author: Agasisti, Tommaso; Egorov, Aleksej; Maximova, Margarita
    Published: 2020
    Publisher:  National Research University, Higher School of Economic, [Moscow]

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    Series: Array ; 226/EC/2020
    Subjects: Universities; mergers; fuzzy regression discontinuity design; efficiency; DEA; Malmquist index
    Scope: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  8. Efficiency of universities and research-focused institutions worldwide
    an empirical DEA investigation ased on institutional publication numbers and estimated academic staff numbers
    Author: Bornmann, Lutz; Gralka, Sabine Marlene; Moya Anegón, Félix de; Wohlrabe, Klaus
    Published: March 2020
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    One of the core indicators in the field of scientometrics is the number of papers published by a unit within a given period. However, such indicators can only be assessed properly by considering the unit’s available resources. When evaluating the... more

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    One of the core indicators in the field of scientometrics is the number of papers published by a unit within a given period. However, such indicators can only be assessed properly by considering the unit’s available resources. When evaluating the efficiency of institutions worldwide, the problem concerning the availability of internationally standardized data arises. While on the output side consistent publication indicators are available, these data are frequently not available on the input side. We therefore introduce a new input indicator based on the authors’ mentions in the institutions’ papers. We calculate efficiency scores for more than 4,800 universities and other research-focused institutions worldwide. “Harvard University” is the best performing institution (in all years) followed by many other institutions from Northern America or Europe. The results of the study show that institutions in the Pacific region have the highest average efficiency scores, followed by Northern America and Western Europe. While many results of this study are scarcely surprising, it is the first time that an efficiency analysis is being performed for a multitude of institutions worldwide using a standardized input indicator. It seems that the new proxy indicator based on co-authors is suitable for reflecting institutional staff numbers.

     
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    hdl: 10419/216553
    Series: CESifo working paper ; no. 8157 (2020)
    Subjects: bibliometrics; efficiency; data envelopment analysis; universities; research-focused institutions; world
    Scope: 1 Online-Ressource (circa 25 Seiten), Illustrationen
  9. Risk, temptation, and efficiency in prisoner's dilemmas
    Author: Gächter, Simon; Lee, Kyeongtae; Sefton, Martin
    Published: July 2020
    Publisher:  CEDEX, Centre for Decision Research & Experimental Economics, Nottingham

    We examine the effect of payoff variations on cooperation in one-shot prisoner's dilemma games. We focus on three factors: risk, temptation, and efficiency, which we vary as orthogonal treatments. We find that temptation has the largest impact on... more

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    We examine the effect of payoff variations on cooperation in one-shot prisoner's dilemma games. We focus on three factors: risk, temptation, and efficiency, which we vary as orthogonal treatments. We find that temptation has the largest impact on cooperation. Temptation directly deters cooperation and indirectly harms cooperation by lowering beliefs about the opponent's cooperativeness. Efficiency indirectly affects cooperation through beliefs, but the magnitude of the effect is relatively small compared to temptation. Risk does not have a significant effect on cooperation. Our finding suggests that curbing the level of temptation is the most important way to improve cooperation in social dilemmas.

     
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    Series: CeDEx discussion paper series ; no. 2020, 15
    Subjects: prisoner's dilemma; cooperation; temptation; efficiency; risk
    Scope: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  10. Avaliando a eficiência das distribuidoras no setor elétrico brasileiro
    Author: Mendonça, Mário Jorge; Pereira Júnior, Amaro Olimpio; Medrano, Luis Alberto Toscano
    Published: julho de 2020
    Publisher:  Instituto de Pesquisa Econômica Aplicada, Brasília

    The objective of the this study is to present an alternative approach to the current methodology implemented by Aneel for estimating efficiency of the distribution sector of electric energy in Brazil. For this purpose, Bayesian inference is applied... more

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    The objective of the this study is to present an alternative approach to the current methodology implemented by Aneel for estimating efficiency of the distribution sector of electric energy in Brazil. For this purpose, Bayesian inference is applied in order to estimate a stochastic cost frontier capable of contemplating the temporal dynamics of efficiency. The consideration of this point is fundamental because the studies carried out to evaluate the efficiency of the electricity sector have neglected that part of the efficiency of a utility comes from the gain of scale due to the expansion of the market, a process that happens over time. Our sample is composed of panel data of 61 electric power concessionaires between 2003 and 2016.

     
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    Language: Portuguese
    Media type: Book
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    hdl: 10419/240765
    Series: Texto para discussão / Ipea ; 2570
    Subjects: electric sector; tariff revision; efficiency; stochastic frontier; Bayesian inference
    Scope: 1 Online-Ressource (circa 34 Seiten)
  11. The similarities in efficiency of universities and universities of applied sciences in Lower Saxony
    Author: Stöver, Britta; Sibbertsen, Philipp
    Published: [2020]
    Publisher:  Wirtschaftswissenschaftliche Fakultät der Leibniz Universität Hannover, [Hannover]

    Due to the advancing economisation and the associated discussion on the distribution of public budgets and tax revenues, the efficiency of higher education institutions is increasingly coming into focus. Since the 2000s, more and more studies on the... more

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    Due to the advancing economisation and the associated discussion on the distribution of public budgets and tax revenues, the efficiency of higher education institutions is increasingly coming into focus. Since the 2000s, more and more studies on the efficiency of German universities have been published. While the research focus and the applied methods differ between these studies, the majority have in common that they exclude universities of applied sciences from the data set. The aim of this paper was to show differences and commonalities in efficiency between universities of applied sciences and universities in Lower Saxony. Based on an exclusive data set, the efficiency values were estimated using Data Envelopment Analysis and Stochastic Frontier Analysis including the analysis of efficiency changes, influencing factors and ranking differences between both methods. The central findings are that (1) there existed no significant differences in efficiency between universities and universities of applied sciences, (2) that an alignment process took place between 2010 and 2017 leading to a higher similarity in efficiency and (3) that the ranking and the level of efficiency depends very much on the choice of method stressing the necessity to settle on one method when using it for monitoring purposes.

     
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    hdl: 10419/227556
    Series: Hannover economic papers (HEP) ; Nummer: 673 (Jun 2020)
    Subjects: Data Envelopment Analysis (DEA); Stochastic Frontier Analysis (SFA); efficiency; university (of applied sciences); Lower Saxony (Germany)
    Scope: 1 Online-Ressource (circa 39 Seiten), Illustrationen
  12. On the provision of excludable public goods general taxes or user prices?
    Author: Oikonomidēs, Geōrgios; Philippopulos, Apostolēs
    Published: November 2020
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    This paper compares some of the most common and debated ways of financing the provision of impure public goods/services in a unified dynamic general equilibrium framework. We study and rank a wide variety of ways ranging from provision without any... more

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    This paper compares some of the most common and debated ways of financing the provision of impure public goods/services in a unified dynamic general equilibrium framework. We study and rank a wide variety of ways ranging from provision without any user charges, to provision with full user charges; we also study mixed systems. In our quest for the best system, we address both efficiency and distribution issues. The focus is on the effects of user prices on individual incentives and choices. We identify circumstances under which a market system of user prices not only enhances aggregate efficiency but is also Pareto improving meaning that makes all types of income groups better off. But we also provide examples of circumstances under which user prices on impure public goods do not make sense.

     
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    hdl: 10419/229542
    Series: CESifo working paper ; no. 8724 (2020)
    Subjects: user prices; taxes; efficiency; equity
    Scope: 1 Online-Ressource (circa 47 Seiten), Illustrationen
  13. Local governments' efficiency and educational results
    empirical evidence from Italian primary schools
    Author: Ferraro, Simona; Agasisti, Tommaso; Porcelli, Francesco; Soncin, Mara
    Published: [2020]
    Publisher:  Società italiana di economia pubblica, [Pavia]

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    Series: Working paper / Società italiana di economia pubblica ; no 756 (giugno 2020)
    Subjects: ancillary services; order-m; multilevel modelling; efficiency
    Scope: 1 Online-Ressource (circa 25 Seiten), Illustrationen
  14. Is innovation in ICT valuable for the efficiency of Italian museums?
    Author: Guccio, Calogero; Martorana, Marco; Mazza, Isidoro; Pignataro, Giacomo; Rizzo, Ilde
    Published: [2020]
    Publisher:  Società italiana di economia pubblica, [Pavia]

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    Series: Working paper / Società italiana di economia pubblica ; no 761 (settembre 2020)
    Subjects: museums; ICT; technological innovation; efficiency; Data Envelopment Analysis; bootstrap truncated regression
    Scope: 1 Online-Ressource (circa 33 Seiten)
  15. Infrastructure "privatization": when ideology meets evidence
    Author: Estache, Antonio
    Published: July 2020
    Publisher:  ECARES, Brussels, Belgium

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    hdl: 2013/ULB-DIPOT:oai:dipot.ulb.ac.be:2013/309876
    Series: ECARES working paper ; 2020, 28
    Subjects: privatization; regulation; restructuring; efficiency; equity; distributional effects
    Scope: 1 Online-Ressource (circa 23 Seiten)
  16. It could be worse ... it could be raining
    ambulance response time and health outcomes
    Author: Lucchese, Elena
    Published: [2020]
    Publisher:  Department of Economics, Management and Statistics, University of Milano-Bicocca, Milan, Italy

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    Series: DEMS working paper series ; no. 429 (February 2020)
    Subjects: efficiency; response time; health; policy
    Scope: 1 Online-Ressource (circa 53 Seiten), Illustrationen
  17. COVID-19 mortality and health expenditures across European countries
    the positive correlation puzzle
    Author: Blondel, Serge; Vranceanu, Radu P.
    Published: [2020]
    Publisher:  ESSEC Business School, [Cergy-Pontoise]

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    Series: ESSEC working paper ; 2005
    Subjects: COVID-19; health care systems; Europe; efficiency; mortality; health policy
    Scope: 1 Online-Ressource (circa 16 Seiten), Illustrationen
  18. Social optimum in a model with hierarchical firms and endogenous promotion time
    Author: Mitkova, Mariya Valeriy
    Published: September 8, 2020
    Publisher:  Verein für Socialpolitik, [Köln]

    This paper develops a search and matching model with hierarchical firms, human capital accumulation, internal promotions and on-the-job search. At the time of their market entry firms maximize present value of profits with respect to their promotion... more

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    This paper develops a search and matching model with hierarchical firms, human capital accumulation, internal promotions and on-the-job search. At the time of their market entry firms maximize present value of profits with respect to their promotion rule. Workers who are eligible for promotion but cannot be promoted because the senior position in the firm is taken start searching on-the-job. The decentralized equilibrium is then compared to the socially optimal one. The welfare analysis is conducted in two steps: in the first one fixed firm entry is assumed, while in the second firm entry is determined by a free-entry condition. Under fixed firm entry, the social planner can induce aprrox. 5% welfare gain by imposing earlier promotion timing compared to the one firms choose in the decentralized equilibrium. The inefficiency of the decentralized equilibrium is caused by strategic complementarity in firms' promotion choices. If a firm delays internal promotions it creates a negative externality on all other firms by reducing the pool of potential candidates to the high productivity senior jobs. However, due to strategic complementarity the competitors respond by also increasing their promotion requirement. Imposing a free-entry condition further reveals that in the decentralized equilibrium firm entry is biased downwards which exacerbates the allocative inefficiency in the economy.

     
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    hdl: 10419/224589
    Series: Jahrestagung 2020 / Verein für Socialpolitik ; 81
    Subjects: promotions; on-the-job search; human capital; efficiency
    Scope: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  19. Multilevel public goods game
    an online experiment
    Author: Catola, Marco; D'Alessandro, Simone; Guarnieri, Pietro; Pizziol, Veronica
    Published: Novembre 2020
    Publisher:  [Università di Pisa, Dipartimento di Economia e Management], [Pisa]

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    Series: Discussion papers / Università di Pisa, Dipartimento di Economia e Management ; n. 263 (2020)
    Subjects: Multilevel public good game; online experiment; efficiency; social dilemma
    Scope: 1 Online-Ressource (circa 28 Seiten), Illustrationen
  20. Factors affecting renters' electricity use
    more than split incentives
    Author: Best, Rohan; Burke, Paul J.; Nishitateno, Shuhei
    Published: 1 September 2020
    Publisher:  Australian National University, Crawford School of Public Policy, Centre for Applied Macroeconomic Analysis, Canberra

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    Series: CAMA working paper ; 2020, 82 (September 2020)
    Subjects: Split incentives; rent; electricity consumption; efficiency; household survey; United States
    Scope: 1 Online-Ressource (circa 19 Seiten), Illustrationen
  21. (In)efficiency of employment offices: a study on welfare benefits determination - is there a trade-off between time saving case management and quality of decisions?
    Author: Dyballa, Katharina; Kraft, Kornelius
    Published: June 2020
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    This study investigates the efficiency of the process of benefit determination for welfare recipients in Germany. A stochastic frontier analysis is used to compute (in)efficiency of Jobcenter (employment offices) in terms of average processing time... more

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    This study investigates the efficiency of the process of benefit determination for welfare recipients in Germany. A stochastic frontier analysis is used to compute (in)efficiency of Jobcenter (employment offices) in terms of average processing time used for determining benefit levels per case. Next, the quality of the process of welfare benefits determination is considered by analyzing the share of upheld opposition because of misapplication of the laws. No effect of the (in)efficiency term on quality is estimated such that the quality of decision is unrelated to the time input. Manning of the employment offices seems to be to a large extent determined by other factors than a fair allocation of scarce resources in relation to demand for them. However in the case of treatment of one particular group (newly registered unemployed) and one organizational measure (offices that arrange specific appointments) a trade-off is estimated. Moreover, better skilled employees need less time for servicing cases and produce less erroneous decision.

     
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    hdl: 10419/223841
    Series: Discussion paper series / IZA ; no. 13399
    Subjects: employment offices; efficiency; processing time; quality of decisions
    Scope: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  22. Repeated games with endogenous discounting
    Author: Kochov, Asen; Song, Yangwei
    Published: [2020]
    Publisher:  Collaborative Research Center Transregio 190, Munich, Germany

    In a symmetric repeated game with standard preferences, there are no gains from intertemporal trade. In fact, under a suitable normalization of utility, the payoff set in the repeated game is identical to that in the stage game. We show that this... more

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    In a symmetric repeated game with standard preferences, there are no gains from intertemporal trade. In fact, under a suitable normalization of utility, the payoff set in the repeated game is identical to that in the stage game. We show that this conclusion may no longer be true if preferences are recursive and stationary, but not time separable. If so, the players' rates of time preference are no longer fixed, but may vary endogenously, depending on what transpires in the course of the game. This creates opportunities for intertemporal trade, giving rise to new and interesting dynamics. For example, the efficient and symmetric outcome of a repeated prisoner's dilemma may be to take turns defecting, even though the efficient and symmetric outcome of the stage game is to cooperate. A folk theorem shows that such dynamics can be sustained in equilibrium if the players are sufficiently patient.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/222127
    Series: Discussion paper / Rationality & Competition, CRC TRR 190 ; no. 230 (March 2, 2020)
    Subjects: Repeated games; efficiency; folk theorems; endogenous discounting
    Scope: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  23. Anonymous, neutral, and resolute social choice revisited
    Author: Ozkes, Ali; Sanverz, M. Remzi
    Published: March 2020
    Publisher:  Vienna University of Economics and Business, Department of Strategy and Innovation, Wien

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 700
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Department of Strategy and Innovation working paper / WU Vienna University of Economics and Business ; no. 2020, 10
    Subjects: anonymity; efficiency; neutrality; resoluteness
    Scope: 1 Online-Ressource (circa 17 Seiten), Illustrationen