Fuel efficiency

5 years). This is not the Pareto efficient outcome, in which both parties have the highest payoff possible and one can only achieve higher payoff by hurting the other. In the Prisoners’ Dilemma the Nash equilibrium does not equal with the Pareto efficiency. An Oligopolistic market: The definition of an oligopoly is the market condition in which the production of identical or similar products is done by a small number of big firms. Oligopolies can be categorized in to two types: homogenous

Formerly discovered, efficiency and profitability are positively correlated. Hence, when the profitability of banks ameliorates their efficiency improve along. In contrast to Shaffnit et al. (1997), the impact of profitability and efficiency on each other is trivial (Akmal and Saleem, 2008). Initially, once we come across the study of banking efficiency, what usually pops into the heads is; why the efficiency of banks matters to managers, regulators, shareholders, and consumers. The reply to the

increasing quantity of immunisation and bringing market equilibrium to the higher price of P2, so that the external benefit has been internalized. D2 represents benefit that is equal to external benefit plus private cost which is D1, achieving economic efficiency. Facing the lower immunisation rate and interpreting the economic theory, Australia government has issued reforms to Australia’s childhood immunisation arrangements which include immunisation allowance of $726 per child Family Tax Benefit, aiming

Gary Miller ECON 584 Seminar Paper: Theory Section 12-14-16 Introduction Many extensive studies have been conducted on the behavior of stock prices, which has provided a numerous number of theories that propose how prices will change given certain circumstances. The most fundamental theory on the behavior of the stock market was published in 1970 by Eugene F. Fama in his research, titled Efficient Capital Markets: A Review of Theory and Empirical Work. The theory he proposed is referred to as the

System and Economic Development Goals This section examines the efficiency by which the Egyptian financial system allocates and directs savings to achieve economic development goals. 4.1Efficiency of Utilizing Savings As mentioned before, carrying-out investments is the cornerstone of any economic development process. While savings are the main resources in the process of carrying-out investments, then it is useful to measure the efficiency of utilizing savings (the ability of savings to carry-out investments)

1. Introduction Efficient market hypothesis had been a topic of significant interest to the academicians, practitioners and the corporate executives for a long period. Under Eugene Fama’s(1965) survey, it is reflected that there is a turning point of the modern finance by efficient market hypothesis. However, there had been a shift in the focus to the theory of behavioral finance (Shiller, 2003) recently. Behavioral finance is the financial structure which supplements various parts of finance (Gallagher

out the job, in terms of techniques, systems and procedures and on the relationship that should exist between the job-holder and his superiors, subordinates and colleagues. Job design originated in the early 1900s, Frederick Taylor believed that efficiency could be improved by carefully designing work to increase productivity. He supported structuring jobs for simplification and standardization. ‘Simplification’ means breaking down the job into smaller tasks and then having each worker perform a small

A Copula-Based EDA For a Class of Continuous Multiobjective Problems 1 Introduction An optimisation problem consist of trying to find the optimal solution in a set of good solution, finding this optimal solution has a relation with the specific area of research problem, this kind of problem which have two or more objective function to reach are called multiobjective problem, those objectives are usually contradictory each others, the optimisation of this problems enter in Decision making of a huge

To measure efficiency performance of greenhouse tomato farms in Kosovo, this study used a non-parametric data envelopment analysis (DEA). Production efficiency with input-oriented DEA is analyzed under constant returns to scale (CRS) with the CCR model and variable returns to scale (VRS) with the BCC model. The sample size consists of 94 greenhouse farms surveyed in all regions of Kosovo. Greenhouse tomato farms under VRS had an efficiency range of 0.5<= E <1 for a total of 35 farms, and 59 farms

Switching to Switchgrass Henry Ford, in 1925, dubbed biofuels “the fuel of the future”. Today, Mr. Ford’s prediction is coming true because biofuels are proving to be one of the most promising sources of alternative energy. Biofuels are popular because they only release the CO2 that was collected during photosynthesis. They solve many of the problems that fossil fuels present: greenhouse gases, emissions, resource depletion, and foreign oil dependency. On the other hand, biofuel production has drawbacks