Based on the seminal paper of Farrell (J R Stat Soc Ser A (General) 120(3):253–290, <CitationRef CitationID="CR21">1957</CitationRef>), researchers have developed several methods for measuring efficiency. Nowadays, the most prominent representatives are nonparametric data envelopment analysis (DEA) and parametric stochastic frontier...</citationref>

Zusammenfassung Durch die Einführung von Basel III werden die regulatorischen Harmonisierungstendenzen in der internationalen Bankenregulierung weiter vorangetrieben, um die Vergleichbarkeit und Transparenz auf internationaler Ebene zu erhöhen.Allerdings sollten bei der Umsetzung in nationales...

The connection and distribution of growing, decentralized electricity generation from renewable energy sources (RES-E) is leading to massive investment needs. Besides investing in additional ‘conventional’ assets (e.g. cables), grid operators can also invest in innovative ‘smart...

We compare the behavior and welfare effects of two popular interventions for resource conservation. The first intervention is social comparison reports (SC), which primarily provide consumers with information motivating behavioral change. The second intervention is real-time feedback (RTF),...