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In our framework, the efficiency in groups is embodied by the cooperation between firms, for which either allocative or technical efficiency may be improved.
The concept of efficiency in groups postulates that a coalition of firms has to record a smaller distance toward the aggregate technology frontier compared ...
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Abstract: The concept of efficiency in groups postulates that a coalition of firms has to record a smaller distance toward the aggregate technology frontier ...
The concept of efficiency in groups postulates that a coalition of firms has to record a smaller distance toward the aggregate technology frontier compared ...
The additive aggregation scheme of input/output vectors is generalized according to an aggregator and is shown to be compatible with nonjoint semilattice ...
Apr 19, 2024 · Efficient firm groups: Allocative efficiency in cooperative games · Dates et versions · Identifiants · Citer · Exporter · Collections · Altmetric ...
In the case of alpha-returns to scale, the firms have incentive to merge (improvement of technical efficiency) when there are both directional complementarity ...
Jul 24, 2016 · Allocational efficiency represents an optimal distribution of goods and services to consumers in an economy, as well as an optimal distribution ...
PDF | This study extends the understanding of game theory on cooperative utility and efficiency. The paper investigated the literature of Rubinstein.