scholarly journals On a Competitive Selection Problem

2021 ◽  
Author(s):  
Fabien Gensbittel ◽  
Dana Pizarro ◽  
Jerome Renault
2004 ◽  
Vol 09 (01) ◽  
Author(s):  
Teresa León ◽  
Vicente Liern ◽  
Paulina Marco ◽  
Enriqueta Vercher ◽  
José Vicente Segura

2017 ◽  
Vol 93 (4) ◽  
pp. 101-125 ◽  
Author(s):  
Inga Bethmann ◽  
Martin Jacob ◽  
Maximilian A. Müller

ABSTRACT Tax regimes treat losses and profits asymmetrically when profits are immediately taxed, but losses are not immediately refunded. We find that treating losses less asymmetrically by granting refunds less restrictively increases loss firms' investment: A third of the refund is invested and the rest is held as cash or returned to shareholders. However, the investment response is driven primarily by firms prone to engage in risky overinvestment. Consistent with the risk of misallocation, we find a delayed exit of low-productivity loss firms receiving less restrictive refunds, indicating potential distortion of the competitive selection of firms. This distortion also negatively affects aggregate output and productivity. Our results suggest that stimulating loss firms' investment with refunds unconditional on their future prospects comes at the risk of misallocation. JEL Classifications: G31; H21; H25.


2021 ◽  
pp. 1-18
Author(s):  
Mahima Poonia ◽  
Rakesh Kumar Bajaj

In the present work, the adjacency matrix, the energy and the Laplacian energy for a picture fuzzy graph/directed graph have been introduced along with their lower and the upper bounds. Further, in the selection problem of decision making, a methodology for the ranking of the available alternatives has been presented by utilizing the picture fuzzy graph and its energy/Laplacian energy. For the shake of demonstrating the implementation of the introduced methodology, the task of site selection for the hydropower plant has been carried out as an application. The originality of the introduced approach, comparative remarks, advantageous features and limitations have also been studied in contrast with intuitionistic fuzzy and Pythagorean fuzzy information.


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