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reduced uncertainty about the common value positively affect revenues and efficiency. The public release of information about … the common value also raises efficiency, although less than predicted. …
Persistent link: https://www.econbiz.de/10011303292
The main objective of this study is the identification of the explanatory factors on the differences in efficiency in … occurred in the 1999 - 2012 period. Moreover, a preliminary analysis is carried out to study levels and evolution of efficiency … and productivity. The results show that the average technical efficiency for this retail sector in the period under study …
Persistent link: https://www.econbiz.de/10011306075
This paper characterizes efficient labor-market allocations in a labor selection model. The model's crucial aspect is cross-sectional heterogeneity for new job contacts, which leads to an endogenous selection threshold for new hires. With cross-sectional dispersion calibrated to microeconomic...
Persistent link: https://www.econbiz.de/10011306109
demand preference relation, and there are more agents than objects, then no rule satisfies efficiency, strategy …
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determination of an optimal rights structure results. It is further shown that an efficiency analysis based on a "naive" cost …
Persistent link: https://www.econbiz.de/10011309548
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