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merger process to evaluate the impact of government-provided incentives on consolidation patterns, and to evaluate the … Nash Bargaining problem. The efficiency of candidate merged entities is determined by a relative-influence function that … measures the degree to which the combination of the involved firms’ levels of efficiency results in cost …
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This paper provides a cross-country efficiency analysis of electricity distribution companies in East European … transition countries (Poland, Czech Republic, Slovakia and Hungary). We compare the relative technical efficiency of East … companies are still inefficiently small. The Czech Republic and Slovakia feature the highest efficiency. …
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