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The More the Better?Characteristics and Efficiency of 401(k) Investment Menus
Defined contribution Investment menus Efficiency Performance Benchmark indexes Mean-variance Diversification
2016/3/18
Few previous studies have explored whether defined contribution retirement saving plans offer sufficiently diversified investment menus, though it is likely that these menus significantly shape worker...
The problem of optimal allocation of property rights di§ers from the classical
economic problem of optimal allocation of goods in an important way: while
property rights may ináuence economic alloca...
The Efficiency of Equity in Organizational Decision Processes
Efficiency of Equity Organizational Decision
2015/7/21
The Efficiency of Equity in Organizational Decision Processes.
First, I would like thank my advisor Prof. Jonathan Machta who did not only
inspire and encourage me to pursue this research, but whose help and insight into
statistical physics also assisted in com...
Effectiveness and Efficiency of Educational Measures: Evaluation Practices, Indicators and Rhetoric
Education Policies Evaluation Effectiveness Efficiency
2013/9/5
In recent years, evaluating the performance of educational organizations has sparked increasing interest and debate. Many expectations ride on the smooth operation of school systems. It is widely beli...
Efficiency in a Search and Matching Economy with a Competitive Informal Sector
search and matching models informality efficiency
2012/10/19
We consider a dual labor market with a frictional formal sector and a competitive informal
sector. We show that the size of the informal sector is generally too large compared to the
optimal allocat...
Effectiveness and Efficiency of Educational Measures: Evaluation Practices, Indicators and Rhetoric
Education Policies Evaluation Effectiveness Efficiency
2013/2/19
In recent years, evaluating the performance of educational organizations has sparked increasing interest and debate. Many expectations ride on the smooth operation of school systems. It is widely beli...
Factors Influencing Work Efficiency in China
Chinese Culture Conflict Handling Compromising Work Efficiency
2013/1/31
The preferred methods of conflict handling are largely sociologically prescribed in China, but those methods could reduce efficiency in the workplace. This study examined factors that could influence ...
Rural Labor Absorption Efficiency in Urban Areas under Different Urbanization Patterns and Industrial Structures: The Case of China
rural labor absorption in urban areas urbanization industry structure DEA
2012/10/18
In this paper, we use Data Envelopment Analysis (DEA) to estimate how well China’s urban areas absorb migrant workers under the interaction of urbanization and industrialization. We applied an output-...
Altruism, Cooperation, and Efficiency: Agricultural Production in Polygynous Households
altruism non-cooperative behavior household bargaining polygyny Africa
2012/10/17
Altruism among family members can, in some cases, inhibit cooperation by increasing the utility that players expect to receive in a non-cooperative equilibrium. To test this, we examine agricultural p...
When, Where and How to Perform Efficiency Estimation
bootstrap nonparametric kernel technical efficiency
2012/10/23
In this paper we compare two flexible estimators of technical efficiency in a cross-sectional setting: the nonparametric kernel SFA estimator of Fan, Li and Weersink (1996) to the nonparametric bias c...
Simultaneous Search and Network Efficiency
efficiency network clearing random bipartite network formation simultaneous search
2012/10/25
When workers send applications to vacancies they create a network. Frictions arise because workers typically do not know where other workers apply to and firms do not know which candidates other firms...
AGGREGATE LITIGATION AND REGULATORY INNOVATION: ANOTHER VIEW OF JUDICIAL EFFICIENCY
aggregate litigation efficiency market for risk hierarchy regulation innovation asbestos
2014/6/24
In this article, we argue that aggregate litigation and the court system can not only restore the protection of victims and the production of deterrence, but also play a pivotal role in stimulating re...
Efficiency in Employee-Owned Enterprises: An Econometric Case Study of Mondragon
employee ownership producer cooperatives labor managed firm productive efficiency Mondragon shared capitalism
2012/10/30
We provide the first econometric study of efficiency for a member of the Mondragon group of worker cooperatives. Eroski is a retail distribution chain and, most unusually, there are two distinct types...
Equity and Efficiency in Multi-Worker Firms: Insights from Experimental Economics
incentives wage setting equity gift exchange reciprocity incomplete contracts organizational economics laboratory experiments
2012/10/30
In this paper, we discuss recent evidence from economic experiments that study the impact of social preferences on workplace behavior. We focus on situations in which a single employer interacts with ...