Results 11 to 20 of about 391,958 (290)
Traders' values and information typically consist of both private and common-value elements. In such environments, full allocative efficiency is impossible when the private rate of information substitution differs from the social rate (Jehiel and Moldovanu, 2001).
Goeree, Jacob K, Zhang, Jingjing
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Inefficient redistribution and inefficient redistributive politics [PDF]
This paper examines the effect of inefficient redistribution in Myerson’s (American Political Science Review 87:856–869, 1993) model of redistributive politics. Regardless of the absolute levels of the efficiency of political parties’ transfers to different voter segments, parties have incentive to (stochastically) shift resources away from voter ...
Kovenock, Dan, Roberson, Brian
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Interaction Effects of Bank Risk, Capitalization and Inefficiency in Iran’s Banking System [PDF]
The main purpose of this paper is to investigate the interaction effects of risk, capitalization and inefficiency in Iran's banking system. For this purpose, combined data of commercial and private banks of Iran in years (1999-2012), were collected and ...
Reza Yousefi Hajiabad +2 more
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Peran penyuluhan pajak terhadap inefisiensi pemungutan pajak di Indonesia
One of the strategies of collecting taxes in Indonesian territory is through tax education as an effort to increase taxpayer awareness. PERMAN-RB No. 49 and PERMAN-RB No.
Nova Sari Dewi, Benedictus Raksaka Mahi
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Contemporary approaches to measuring competitiveness – the case of EU member states [PDF]
Competitiveness represents a concept that has occupied a great deal of the economic theorists’ attention for decades. Due to its complexity and different perceptions, it has not been uniquely defined yet and neither has its measurement system been ...
Alemka Šegota +2 more
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Rationalizing Forecast Inefficiency [PDF]
AbstractWe show analysts’ own earnings forecasts predict error in their own forecasts of earnings at other horizons, which we argue provides a measure of the extent to which analysts inefficiently use information. We construct our measure by exploiting two sources of variation in analysts’ incentives: (i) more recent forecasts have greater salience at ...
Charles G. Ham +2 more
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Lowland farming system inefficiency in Benin (West Africa): [PDF]
This paper uses a directional distance function and a single truncated bootstrap approach to investigate inefficiency of lowland farming systems in the Benin Republic.
Oude Lansink, A.G.J.M., Singbo, A.G.
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Measuring inefficiency of MSEs in the food processing sector
The food processing sector is a sector that consistently contributes to gross domestic product (GDP) for the non-Oil and Gas industry and also a sector that can deal with various economic shocks.
Fitrah Sari Islami +4 more
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Inefficient Investment Waves [PDF]
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Zhiguo, He, Kondor, Peter
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Art is often used as an investment vehicle. Given the importance of market efficiency in finance, we use a large auction-based index to test whether the art market is weakly efficient. Evidence reveals that returns on artworks exhibit high positive auto-correlation. We attribute this result to price truncation resulting from unobservable reserve prices
David, Geraldine +2 more
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