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366 Result(s)
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Article
A common value auction model with endogenous entry and information acquisition
Much of the auction literature assumes both a fixed number of bidders and a fixed information setting. This sidesteps the important and often costly decisions a potential bidder must make prior to an auction: ...
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Strategic Leaders in the U.S. Brewing Industry: A Longitudinal Analysis of Outliers
For over 15 years now, both strategy research and industrial organization (IO) economics research have been working on the development of a theory of strategic groups. Hunt (1972), Newman (1973, 1978), and Por...
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Article
The change in productivity of Chinese state enterprises, 1983–1987
This study estimates the change in productivity of Chinese state enterprises during 1983–1987 using a panel data set of 403 firms. A new approach to productivity measurement is used. Under this approach, the p...
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Measuring the productive efficiency of a group of firms
While the conventional Farrell-Färe approach to efficiency measurement can identify the most inefficient firms, it fails to consider the efficiency of a group of firms thoroughly. This paper introduces efficie...
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Article
Gender and race as factors in health care utilization
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Chance Constrained Programming Formulations for Stochastic Characterizations of Efficiency and Dominance in DEA
Pareto-Koopmans efficiency in Data Envelopment Analysis (DEA) is extended to stochastic inputs and outputs via probabilistic input-output vector comparisons in a given empirical production (possibility) set. I...
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How complex are networks playing repeated games?
This paper examines implications of complexity cost in implementing repeated game strategies through networks with finitely many classifiers. A network consists of individual classifiers that summarize the hi...
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Analysis of Intertemporal Efficiency Trends Using Rank Statistics With an Application Evaluating the Macro Economic Performance of OECD Nations
This paper presents two applications of rank statistics to evaluate efficiency performance trends using productive efficiency measures derived through various Data Envelopment Analysis (DEA) models. The paper ...
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Hierarchies and information-processing organizations
This paper analyzes organizational structures that minimize information processing costs for a specific organizational task. Organizations consist of agents of limited ability connected in a network. These ag...
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The elasticity of demand for oil and world market prices
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A general-equilibrium re-appraisal of the Stolper-Samuelson theorem
This paper conducts a general-equilibrium analysis of the Heckscher-Ohlin model in which product price is endogenized. It applies both marginal and infra-marginal comparative-static analyses to examine the co-...
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Article
Labor Productivity in the Efficiency-Wage Model: A Consideration of the Firm's Death Rate
It is inappropriate to equate the "representative firm" with the typical firm, particularly for economies which consist of small enterprises where a large number of jobs are created or disappear as establishme...
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How Accurate are Demographic Projections Used in Forecasting Pension Expenditure?
This paper concerns the nature and role of uncertainty in long-range planning (50 to 75 year horizons) for systems such as public retirement programmes. The majority of such systems are evaluated on the basis ...
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Article
Stochastic DEA Models With Different Types of Input-Output Disturbances
This paper presents stochasticmodels in data envelopment analysis (DEA) for the possibilityof variations in inputs and outputs. Efficiency measure of adecision making unit (DMU) is defined via joint probabilis...
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Sensitivity and Stability Analysis in DEA: Some Recent Developments
This papersurveys recently developed analytical methods for studying thesensitivity of DEA results to variations in the data. The focusis on the stability of classification of DMUs (Decision MakingUnits) into ...
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Article
Gray marketing and unfair competition
With the European Court of Justice's (ECJ) relaxation of the definitions of cartels, price controls, and market manipulation in July 1998, the Court effectively banned the import of gray goods into the EU. Thi...
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Article
Technical Efficiency and Location Choice of Small and Medium-Sized Enterprises
We establish a theoretical model to explain the relationship between the regional technical efficiencies and production location choice. A higher regional technical efficiency level attracts foreign direct inv...
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A General Equilibrium Model with Impersonal Networking Decisions and Bundling Sales
The purpose of this chapter is to investigate the function of a particular type of bundling sales in exploiting the network effect of the division of labour, and in promoting increases in productivity. First w...
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Article
A Dynamic Decision Model of SMEs' FDI
Many scholars generally believe that small and medium-sized enterprises (SMEs) in comparison to large firms are at a disadvantage in foreign direct investment (FDI). However, new evidence suggests that SMEs al...
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Article
Industry-Specific Human Capital, Occupation and Firm Size: Evidence from Taiwan
This paper investigates the importance of various types of human capital and highlights the role played by industry tenure in determining wages in Taiwan. It also aims to offer possible explanations as to why ...