A game of simultaneous free entry and sequential output choices is analyzed. Firms enter simultaneously in stage 1 by paying a fixed cost, and they choose output levels sequentially in subsequent stages. At the subgame-perfect equilibrium of the game, the production level of a firm is decreasing with the order of the firm in the decision-making. The firm that is the last to choose output produc...

Selfish behavior of nodes of a network such as sensors of a geographically distributed sensor network, each of which owned and operated by a different stakeholder may lead to a game theoretic setting called “selfish routing”. The fact that every node strictly aims at maximizing its own utility can cause degradations of social welfare. An issue of concern would be the quantitative measure of thi...

Supply chain interactions have huge economic importance, yet these interactions are managed inefficiently. One of the major sources of inefficiency in supply-chain management is information asymmetry; i.e., information that is available to one or more organizations in the chain (e.g., manufacturer, retailer) is not available to others. There are several causes of information asymmetry, among th...

This paper attempts to estimate the efficiency of the top 300 Asia Pacific Banks, as ranked by the Asian bankers, through a cross country analysis. We use a non-parametric frontier technique called data envelopment analysis (DEA) to derive technical and scale efficiency measures for these banks in 2006. The sensitivity of DEA efficiency of various input-output variables combination is investiga...

Globalization and digitization of the banking financial market are well known. They trends this decade-defining context efficiency business. Financial innovations introduced by new technologies have provided banks with necessary utilities to seize possibilities tap into competitive advantage gains. In context, study seeks assess overall Azerbaijanian in adopting utilizing innovation providing p...

In this paper we discuss the problem of synchronization in ZooKeeper, a fault-tolerant distributed coordination framework. One of the key features of ZooKeeper is to move away from blocking API such as locks, in order to avoid problems with slow or faulty clients. Instead, it provides an event like synchronization mechanism, allowing clients to be notified upon state change on the server. Howev...

Concerns for fossil fuel price volatility, environmental pollution and energy inefficiency drive the formulation of policies aimed at attaining security. We use a theoretical framework which integrates key elements security into context natural capital theory to investigate causal relationship between Nasdaq clean stock range variables including oil price, gas prices, carbon efficiency. Our aut...

The Medicare prospective payment system (PPS) contains incentives for hospitals to improve efficiency by placing them at financial risk to earn a positive margin on services rendered to Medicare patients. Concerns about the financial viability of small rural hospitals led to the implementation of the Medicare Rural Hospital Flexibility Program (Flex Program) of 1997, which allows facilities des...

Abstract We investigate the impact of five types subsidies granted under European Union Common Agricultural Policy on persistent and transient inefficiency Polish dairy farms. Our research shows that coupled environmental reduce technical inefficiency, while opposite is true for Less Favoured Areas (LFA) other rural subsidies. Simultaneously, environmental, LFA, increase inefficiency. These res...