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Capacity utilisation and profitability: a decomposition of short run profit efficiency

COELLI, Tim; GRIFELL-TATJE, Emili; PERELMAN, Sergio - Center for Operations Research and Econometrics (CORE), … - 2001

The principal aim of this paper is to measure the amount by which the profit of a multi-input, multi-output firm deviates from maximum short-run profit, and then to decompose this profit gap into components that are of practical use to managers. In particular, our interest is in the measurement...

Persistent link: https://www.econbiz.de/10005008184

Museum assessment and FDH technology: a global approach

MAIRESSE, François; VANDEN EECKAUT, Philippe - Center for Operations Research and Econometrics (CORE), … - 1999

This paper presents a global approach for museum assessment. We define a museum as an entity which needs to be evaluated according to three well defined tasks: preservation, research and communication, and outcomes. We propose a methodology based on the determination of efficiency frontiers....

Persistent link: https://www.econbiz.de/10005008204

Does inequality make us rebel? A renewed theoretical model applied to South Mexico

MAYSTADT, Jean-François - Center for Operations Research and Econometrics (CORE), … - 2007

motivating people to support the rebellion in South Mexico. At this geographical level, we also find an increase in income per …

Persistent link: https://www.econbiz.de/10005043385

Hawks and doves in segmented markets: A formal approach to competitive aggressiveness

D’ASPREMONT, Claude; DOS SANTOS FERREIRA, Rodolphe; … - Center for Operations Research and Econometrics (CORE), … - 2012

Competitive aggressiveness is analyzed in a simple spatial competition model, where each one of two firms supplies two … controlled by each firm through its manager hiring decision, in a preliminary stage of a delegation game. When competition is … effect on profitability of more intense competition. …

Persistent link: https://www.econbiz.de/10010927732

Regulation of an open access essential facility

GAUTIER, Axel; MITRA, Manipushpak - Center for Operations Research and Econometrics (CORE), … - 2003

consumers. The regulator designs a mechanism that guarantees financing of the essential input and adequate competition in the …

Persistent link: https://www.econbiz.de/10005008615

Efficiency of competition in insurance markets with adverse selection

DE FEO, Giuseppe; HINDRIKS, Jean - Center for Operations Research and Econometrics (CORE), … - 2005

There is a general presumption that competition is a good thing. In this paper we show that competition in the … competition if and only if competition leads to market unravelling. When there are a continuum of types the efficiency of … competition is less trivial. In effect monopoly is shown to provide better insurance but at the cost of driving out some agents …

Persistent link: https://www.econbiz.de/10005008696

On efficiency, concentration and welfare

BOCCARD, Nicolas - Center for Operations Research and Econometrics (CORE), … - 2009

The welfare impact of a merger involves the market power offense and the efficiency defense. Salant et al. (1983) show that mergers among symmetric firms are unprofitable except for monopolization. We characterize the limit to this merger paradox in a simple linear Cournot oligopoly with...

Persistent link: https://www.econbiz.de/10008494368

Strategic Complements and Substitutes in Bilateral Oligopolies.

Bloch, F.; Ferrer, H. - Center for Operations Research and Econometrics (CORE), … - 1998

This note analyzes the effect of product complementarity in a bilateral oligopoly. We show that offers of traders on the two sides of the market are strategic complements (substitutes) if and only if the two goods are substitutes (complements). The outcome of the bilateral oligopoly game...

Persistent link: https://www.econbiz.de/10005779403

STACKELBERG LEADERSHIP AS A NATURAL SOLUTION UNDER COST UNCERTAINTY.

ALBAEK, S. - Center for Operations Research and Econometrics (CORE), … - 1989

Persistent link: https://www.econbiz.de/10005779406

LOCATION.

GABSZEWICZ, J.J.; THISSE, J-F. - Center for Operations Research and Econometrics (CORE), … - 1989

Persistent link: https://www.econbiz.de/10005779418