Regarding the increase in needs of human societies to agricultural products, increasing water use efficiency can lead to persistent use of limited water resources. Therefore, in this study using Data Envelopment Analysis (DEA), technical, allocative, managerial and economic efficiency and also Optimal level of inputs is surveyed in order to achieve maximum Efficiency in Marvdasht city in 20...

The study aimed to analyze the effect of application production inputs on rice farming and allocative efficiency. was conducted in Bantaeng Regency. primary data employed were collected from 36 farmers who owned 82 fields total. FPCD Model AE Analysis applied for analysis. model showed that there five variables (land area, seeds, ZA fertilizer, NPK labor) had positive significant effects produc...

The dynamics of customer relationship are being reshaped by price-setting processes such as online auctions. This paper Ž . analyzes price setting process in business-to-consumer B2C online auctions. Typically, these auctions involve multiple identical units and utilize a variant of the traditional English-auction mechanism. We describe an online laboratory w experiment that compares the effici...

We study the effect of latency arbitrage on allocative efficiency and liquidity in fragmented financial markets. We employ a simple model of latency arbitrage in which a single security is traded on two exchanges, with price quotes available to regular traders only after some delay. An infinitely fast arbitrageur reaps profits when the two markets diverge due to this latency in cross-market com...

Potential bidders respond to a seller’s choice of auction mechanism for a common-value or affiliated-values asset by endogenous decisions whether to incur a participation cost (and observe a private signal), or forego competing. Privately informed participants decide whether to incur a bid-preparation cost and pay an entry fee, or cease competing. The resulting revenue identity for any auction ...