Government budget balance forces the endogenous use of distortionary tax instruments when an exogenous reform is implemented. The aggregate efficiency of such reforms is based on comparisons of simple summary measures of the Marginal Cost of Funds of the various tariff or quota changes with the Marginal Cost of Funds of the alternative taxes, or of the Marginal Benefit of Government supplied go...

We study a T -period contracting problem where performance evaluations are subjective and private. We find that the principal should punish the agent if he performs poorly in the future even when the evaluations were good in the past, and, at the same time, the agent should be given opportunities to make up for poor performance in the past by performing better in the future. Thus, optimal incen...

the present study is an attempt toward evaluating the performance of portfolios and asset selectionusing cross-efficiency evaluation. cross-efficiency evaluation is an effective way of ranking decisionmaking units (dmus) in data envelopment analysis (dea). conventional dea models assume nonnegativevalues for inputs and outputs. however, we know that unlike return and skewness, varianceis the on...

one of the effective methods for improving the efficiency of an organization is benchmarking against successful organizations. not only benchmarking could be a technique for identifying problems but also it greatly helps managers in relations of the design of processes. among strategic and infrastructure industries in each country, the electricity industry is one of the most important and criti...

background nowadays, productivity and efficiency are considered a culture and a perspective in both life and work environments. this is the starting point of human development. objectives the aim of the present study was to investigate the performance of hospitals affiliated to mashhad university of medical sciences using the pabon lasso model. methods the present study was a descriptive-analyt...

cross efficiency is a method with the idea of peer evaluation instead of self-evaluation, and is used for evaluation and ranking decision making units (dmus) in data envelopment analysis (dea). unlike most existing dea ranking models which can only rank a subset of dmus, for example non-efficient or extreme efficient dmus, cross efficiency can rank all dmus, even non-extreme ones. however, sinc...

Cross efficiency evaluation was developed as an extension of DEA. But the traditional DEA models usually have alternative optimal solutions and, as a result, cross efficiency scores may not be unique. It is recommended that without changing the DEA efficiency scores, the secondary goal should be introduced for optimization of the inputs/outputs weights.  Several reports evaluated the perfo...

for the evaluation of efficiency of induction motors installed in the field. The new instantaneous phasor method originated by the author is applied John S. Hsu Senior Member Oak Ridge National Laboratory Post Office Box 2009, MS 8038 Oak Ridge, Tennessee 3783 1-8038 Phone: (423) 24 1-5045 Email: hsuj s @ ornl.gov Fax: (423) 241-6124