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Lignite price negotiation between opencast mine and power plant as a two-stage, two-person, cooperative, non-zero sum game

Jurdziak, Leszek - 2006

Based on the simple model of the deposit the methodology of finding the optimal solution for bilateral monopoly (BM) of lignite mine and power plant is shown taking into account pit optimisation. It is proposed to treat lignite price negotiation as a kind of game. In the first stage...

Persistent link: https://www.econbiz.de/10015217436

Schemat arbitrażowy Nasha, a podział zysków w bilateralnym monopolu kopalni węgla brunatnego i elektrowni. Cześć druga – zastosowania w negocjacjach strategicznych i taktycznych

Jurdziak, Leszek - 2006

The application of Nash bargaining solution to profit division in negotiation between opencast lignite mine and power plant has been discussed. Different proposals of status quo point usage and ways of its determination for profit sharing both in strategic and tactical/operational negotiation...

Persistent link: https://www.econbiz.de/10015234028

Multifactor productivity growth enhancers across industries and countries: Firm-level evidence

Nakatani, Ryota - 2024

Multifactor productivity (MFP) growth is an imperative economic engine. MFP dynamism across five advanced and seven … global financial crisis. The greater the productivity effect of intangible assets is, the higher a country’s per …

Persistent link: https://www.econbiz.de/10015213279

Technical efficiency and inefficiency: Reassurance of standard SFA models and a misspecification problem

Kumbhakar, Subal C.; Peresetsky, Anatoly; Shchetynin, … - 2020

This paper formally proves that if inefficiency ($u$) is modelled through the variance of $u$ which is a function of $z$ then marginal effects of $z$ on technical inefficiency ($TI$) and technical efficiency ($TE$) have opposite signs. This is true in the typical setup with normally distributed...

Persistent link: https://www.econbiz.de/10015218342

Natural selection: A review of studies on firms’ exit and efficiency

Uchida, Hirofumi - 2020

In this study, we review the studies on the relation between firms’ efficiency or profitability and their exit. Although we take it for granted that inefficient or unprofitable firms are more likely to exit, which we call the natural selection hypothesis, some theories predict that it is not...

Persistent link: https://www.econbiz.de/10015223864

Collateral, Reallocation, and Aggregate Productivity: Evidence from the U.S. Housing Boom

Doerr, Sebastian - 2018

This paper shows that rising real estate prices reduce industry productivity, because they lead to a reallocation of … labor towards inefficient firms. This has significant negative consequences for aggregate industry productivity. I find that … industries with stronger growth in real estate value see a significant reduction in total factor productivity growth. A 10 …

Persistent link: https://www.econbiz.de/10015234899

Being numerous does not yield efficiency - Productivity and entry-exit determinants in European business services

Kox, Henk L.M.; Van Leeuwen, George; Van der Wiel, Henry - 2011

The paper investigates whether the poor productivity performance of the European business services industry is related … productivity frontier and so obtain the distance of firms to the productivity frontier, using detailed industry-level panel data … distance with the productivity frontier. We find that that most scale advantages are exhausted after reaching a size of 20 …

Persistent link: https://www.econbiz.de/10015234900

Barriers to entry : abolishing the barriers to understanding

Keppler, Jan Horst - 2009

The concept of a barrier to entry has been discussed least since Bain (1956) with important contributions by Spence (1977), Dixit (1980) or Milgrom and Roberts (1982). The more recent discussion is synthesized in the contributions to a dedicated session at the 2004 AEA meeting. Yet, a “barrier...

Persistent link: https://www.econbiz.de/10015235639

Employee characteristics, absorptive capacity and innovation

Rho, Yeirae; Fabrizi, Simona; Lippert, Steffen - 2021

We investigate the determinants of firm absorptive capacity, with a particular focus on the effect of employee characteristics, and study how it affects a firm’s ability to generate new knowledge. Using administrative and national survey data on individuals and businesses, we first estimate...

Persistent link: https://www.econbiz.de/10015236020

Cost efficiency and economies of diversification of biogas-fuelled cogeneration plants in Austria: a nonparametric approach

Eder, Andreas - 2017

This paper investigates the existence and the degree of economies of diversification for small-scaled, renewable-fuelled cogeneration systems using 2014 cross-sectional data from 67 Austrian biogas plants. In addition, cost efficiency of those biogas plants is estimated with a non-parametric...

Persistent link: https://www.econbiz.de/10015256811