Temporal patterns of technical efficiency: results from competing models

Article Abstract:

A comparison is made of the different approaches used in the approximation of production efficiency such as deterministic, stochastic, parametric and non-parametric. The models are used to evaluate the time-varying technical efficiency of 15 Colombian cement firms from the period of 1968 to 1988. Results indicate the time structure of efficiency to differ significantly across the models.

Production Management, Productivity Improvement, Research, Models, Industrial efficiency, Economic efficiency, Colombia, Cement industry, Technological innovations, Industrial productivity, Labor productivity, Stochastic processes

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Strategic incentives of divestitures of competing conglomerates

Article Abstract:

Details about an alternative theory of divestiture that relies on product-line complementarities and product market competition are provided. It is stated that monopoly prices and profits can be achieved by a non-co-operative pricing game, if the firms are able to coordinate their divestiture strategies.

Evaluation, International competition (Commerce), International competition (Economics), Market capitalization, Japanese competition

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Games with strategic complementarities: New applications to industrial organization

Article Abstract:

An introduction to the analysis of games with strategic complementarities and their application to the industrial organization is presented.

United States, Monotonic functions

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