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Cost decompositions and the efficient subset [PDF]
Omega, 2016 This paper develops two cost decompositions based on the multiplicative Russell and additive slack-based (in)efficiency measurement frameworks. While the multiplicative cost decomposition is a straightforward extension of the standard cost decomposition, the decomposition we develop in this paper incorporates slacks directly so that efficiency is ...
Rolf Färe +3 more
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The cost of efficiency in energy metabolism [PDF]
Proceedings of the National Academy of Sciences, 2013 In a universe being dragged into disorder by the second law of thermodynamics, living cells must expend energy to maintain their complex organization. In addition to providing a carbon source for biosynthesis, the classical Embden–Meyerhof–Parnas (EMP) and Entner-Doudoroff (ED) pathways help to satisfy this energetic demand by generating ATP during ...
Arion I, Stettner, Daniel, Segrè
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Dairy Farm Cost Efficiency [PDF]
Journal of Dairy Science, 2006 A stochastic cost equation was estimated for US dairy farms using national data from the production year 2000 to determine how farmers might reduce their cost of production. Cost of producing a unit of milk was estimated into separate frontier (efficient) and inefficiency components, with both components estimated as a function of management and ...
L W, Tauer, A K, Mishra
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Estimation of cost efficiency without cost data
Journal of Productivity Analysis, 2015 One of the advantages of conduct parameter games is that they enable estimation of market power without total cost data. In line with this, we develop a conduct parameter based model to estimate the firm specific “marginal cost efficiency” and conduct without using total cost data.
Levent Kutlu, Ran Wang
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Costs of Implementation: Bargaining Costs versus Allocative Efficiency [PDF]
SSRN Electronic Journal, 2008 A mechanism with low direct cost of use may be preferred to alternatives implementing more efficient allocations. We show this experimentally by giving pairs of subjects the option to agree on a single average price for a sequence of trades - in effect pooling several small bargains into a larger one.
Maciejovsky, Boris, Wernerfelt, Birger
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Low-cost efficient Interactive Whiteboard [PDF]
2012 IEEE International Conference on Consumer Electronics (ICCE), 2012 In this paper we present a low-cost efficient Interactive Whiteboard that, by fusing depth and video information provided by a low-cost depth camera, is able to detect and track user movements.
Camplani, Massimo +2 more
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On the Optimal Efficiency of Cost-Algebraic A*
Proceedings of the AAAI Conference on Artificial Intelligence, 2019 Edelkamp et al. (2005) proved that A*, given an admissible heuristic, is guaranteed to return an optimal solution in any cost algebra, not just in the traditional shortest path setting. In this paper, we investigate cost-algebraic A*’s optimal efficiency: in the cost-algebraic setting, under what conditions is A* guaranteed to expand the fewest ...
Robert C. Holte, Sandra Zilles
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Cost efficiency of banks in Croatia [PDF]
Croatian Review of Economic, Business and Social Statistics, 2015 Abstract Foreign and larger banks in Croatia are generally considered to be more cost efficient compared with domestic and smaller banks. However, those views are often based on data from financial statements that can be misleading due to simultaneous consolidation process on the market and the existence of economies of scale.
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The efficiency cost of increased progressivity [PDF]
, 1994 Introduction In considering the optimal degree of income-tax progressivity, economists and policymakers have long been concerned with the effect of taxation on labor supply. The disincentive effect of taxation on labor supply played a central role in discussions regarding the desirability of introducing a negative income-tax system in the 1970s, and ...
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(In)Efficiency and Reasonable Cost Models
Electronic Notes in Theoretical Computer Science, 2018 Abstract This divulgative paper is about time cost models for the λ-calculus. To allow the definition of standard complexity classes such as P or EXP directly in the λ-calculus, a cost models has to be reasonable, that is, polynomially related to the one of Turing machines.
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