Results 251 to 260 of about 2,482,463 (303)
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2005
Abstract Traditional ideas of justice and morality in the law now face a radical challenge from economists and economically trained lawyers. Every good law school faculty now includes at least one scholar trained in a field called “law & economics” (L&E, for short).1 A novel form of interdisciplinary research has become a ...
George P Fletcher, Steve Sheppard
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Abstract Traditional ideas of justice and morality in the law now face a radical challenge from economists and economically trained lawyers. Every good law school faculty now includes at least one scholar trained in a field called “law & economics” (L&E, for short).1 A novel form of interdisciplinary research has become a ...
George P Fletcher, Steve Sheppard
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Economic Efficiency in Cooperatives
The Journal of Law and Economics, 1987HE cooperative form of business organization has deep historical roots in the economy. The cooperative dairy association movement began in New York in the mid-1800s as a response to the monopsony power of privately held milk-processing plants.1 It was perceived that a producer cooperative had the ability to produce processed cheese from its members ...
Porter, Philip K., Scully, Gerald W.
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Cogeneration: Efficiencies and Economics
Cogeneration & Distributed Generation Journal, 2002ABSTRACT The magnitude of cogeneration plant efficiency cannot, by itself, prove the plant's feasibility. The most reliable way to determine the feasibility of a cogeneration plant is to compare its performance versus a conventional scheme of generating electric power by a utility and obtaining thermal energy (steam, hot water) from a boiler.
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On measuring economic efficiency
Journal of Applied Econometrics, 1990AbstractThis paper considers a system consisting of a production frontier and factor share equations to measure firm‐specific technical efficiency and input‐specific allocative efficiency simulataneously. In estimating the system as a whole, the joint distribution of all errors in the equations is used.
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Efficient Economic Growth [PDF]
, 1992 The book studies growth paths in an overlapping generations model with land and exhaustible resources as factors of production. It is shown that land rules out inefficient growth paths.
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Trade Unions and Economic Efficiency
The Economic Journal, 1983In this paper, I shall investigate a role for trade unions in increasing economic efficiency. This role is enabling an improvement in the allocation of riskbearing between a firm and its employees. The essential idea is straightforward. If employers and employees are both risk averse, the optimal wage contract will not leave one party bearing all the ...
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TECHNOLOGY AND RELATIVE ECONOMIC EFFICIENCY
Oxford Economic Papers, 1978A comparative analysis of farms that have been double-cropped for one year and those that have been double-cropped for two or more years provides information on the effect of farm experience on allocational and technical efficiency. Using basic input and output data from six groupings of farmers, which were arranged in pairs under the categories of ...
Barnum, Howard N, Squire, Lyn
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Abstract “Law and economics” builds on economic ideas from Vilfredo Pareto, Nicholas Kaldor, Arthur Pigou, Ronald Coase, Christine Jolls, and others to criticize common-law rules and traditional notions of justice. A century of this conversation led to agreement on three points: Society is better off with “efficient” laws, reflecting ...
George P. Fletcher +2 more
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George P. Fletcher +2 more
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Mergers, accountants, and economic efficiency
ECONOMIA E POLITICA INDUSTRIALE, 2013This paper explores some consequences for economic efficiency of creative accounting practices by merging companies. It assumes semi-strong information efficiency in the markets for capital and for corporate control; and/or the use of executive contracts relating pay to accounting profit.
Geoff Meeks, Jaqueline Gay Meeks
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Calculating Economic Efficiency
2018The chapter begins with a discussion of ratios, which are essential for management activities, as they make planning, implementation and supervision easier. There are three types of ratio: classification figures, relationship figures and indexes. Not everything can be captured in numbers, which is where different kinds of performance indicators play a ...
Peter Eichhorn, Ian Towers
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