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EXPLAINING ECONOMIC INEFFICIEN...
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efficiency
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ten Raa, Thijs
6
Potters, Jan
4
Talman, Dolf
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Khmelnitskaya, A.
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Tilburg University, Center for Economic Research
Economic Research Service, Department of Agriculture
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Department of Agricultural, Food and Resource Economics, Michigan State University
380
Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
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1
Corporate Governance, Opaque Bank Activities, and Risk/Return
Efficiency
: Pre- and Post-Crisis Evidence from Turkey
De Jonghe, Olivier
;
Disli, M.
;
Schoors, K.
-
Tilburg University, Center for Economic Research
-
2011
reinforcing effects? The authors relate bank
efficiency
to shortfalls from a stochastic risk/return
frontier
. They analyze how …Does better corporate governance unambiguously improve the risk/return
efficiency
of banks? Or does either a re … governance mechanisms (discipline exerted by shareholders, depositors, or skilled employees) determine
efficiency
in a sample of …
Persistent link: https://www.econbiz.de/10011090672
Saved in:
2
Are Economic Agents Successful Optimizers? An Analysis Through Strategy in Tennis
Magnus, Jan R.
;
Klaassen, F.J.G.M.
-
Tilburg University, Center for Economic Research
-
2006
We consider the question whether top tennis players in a top tournament (Wimbledon) employ an optimal (efficient) service strategy.We show that top players do not, in general, follow an optimal strategy, and we provide a lower bound of the inefficiency.The inefficiency regarding winning a point...
Persistent link: https://www.econbiz.de/10011092682
Saved in:
3
Alternative Measures of Total Factor Productivity Growth
ten Raa, Thijs
;
Shestalova, V.
-
Tilburg University, Center for Economic Research
-
2006
Analysis (
DEA
).The corresponding measures of TFP growth are based on different assumptions, which we expose and interrelate …
Persistent link: https://www.econbiz.de/10011091326
Saved in:
4
The Endogenous Evolution of Market Institutions : An Experimental Investigation
Potters, Jan
;
Kirchsteiger, G.
;
Niederle, M.
-
Tilburg University, Center for Economic Research
-
1998
We study an experimental market in which the structure of the information flows is endogenized. When making an offer, traders choose not only the price at which they are prepared to trade, but also the subset of traders they want to inform about the offer. This design allows for two extreme...
Persistent link: https://www.econbiz.de/10011090309
Saved in:
5
Lindahl Equilibrium and Schweitzer's Open Club Model Semi-Public Goods
ten Raa, Thijs
;
Gilles, R.P.
-
Tilburg University, Center for Economic Research
-
2003
Limit core allocations are the ones that remain in the core of a replicated economy.An equivalent notion for economies with public goods is Schweizer s concept of club e ciency under a variable number of economic agents.We extend this notion to economies with goods that have a semi-public...
Persistent link: https://www.econbiz.de/10011090319
Saved in:
6
Bob Russell Volume : Don't Aggregate
Efficiency
but Disaggregate Inefficiency
ten Raa, Thijs
-
Tilburg University, Center for Economic Research
-
2003
Persistent link: https://www.econbiz.de/10011090369
Saved in:
7
Public Versus Private Exchanges
Potters, Jan
;
Kirchsteiger, G.
;
Niederle, M.
-
Tilburg University, Center for Economic Research
-
2001
efficiency
as a double auction.When we impose transaction costs on the buyers, only the sellers make private offers, which …
Persistent link: https://www.econbiz.de/10011091018
Saved in:
8
The Inefficiency of the Stock Market Equilibrium under Moral Hazard
Wagner, Wolf
;
Calcagno, R.
-
Tilburg University, Center for Economic Research
-
2003
In this paper we study the constrained
efficiency
of a stock market equilibrium under moral hazard.We extend a standard …
Persistent link: https://www.econbiz.de/10011091029
Saved in:
9
Investment and Usage of New Technologies : Evidence from a Shared ATM Network
Degryse, Hans
;
Ferrari, S.
;
Verboven, F.L.
-
Tilburg University, Center for Economic Research
-
2008
When new technologies become available, it is not only essential that firms have the correct investment incentives, but often also that consumers make the proper usage decisions. This paper studies investment and usage in a shared ATM network. Be- cause all banks coordinate their ATM investment...
Persistent link: https://www.econbiz.de/10011091116
Saved in:
10
Tree-Type Values for Cycle-Free Directed Graph Games
Talman, Dolf
;
Khmelnitskaya, A.
-
Tilburg University, Center for Economic Research
-
2010
Mathematics Subject Classification 2000: 91A12, 91A43
Persistent link: https://www.econbiz.de/10011091131
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