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21.
ABSTRACT *** : To utilize public resources efficiently, it is important to take advantage of competition in public procurement auctions to the maximum extent. Joint bidding is a common practice that potentially facilitates competition. By pooling financial and experiential resources, more firms are expected to enter the market, but it will also directly reduce competition if more than one bidder who is solely qualified makes a coalition. In theory joint bidding may or may not be beneficial to auctioneers, depending on the model. The paper empirically examines the impacts of joint bidding on firms' entry as well as bidding behaviour, using data on public road projects in developing countries. It shows that coalitional bids, in particular by local firms, would be competitive, but foreign joint ventures would undermine competition. It is also found that good governance can encourage firms' entry into the tendering and facilitate joint bidding practices. 相似文献
22.
Atsushi Tsuneki 《The Japanese Economic Review》2000,51(4):605-609
This note compares project evaluation rules for large projects by Negishi (1962) and Harris (1978) and points out that the extensions by Harris depend on his implicit weakening of the criterion for potential welfare improvement compared with Negishi's original welfare criterion.
JEL Classification Number: D61. 相似文献
JEL Classification Number: D61. 相似文献
23.
In this paper we study the stability of the Japanese banking system in the prewar period. First, we review the development of the Japanese banking system from the Meiji Restoration until the Second World War. It will be shown that government policy toward the banking industry changed drastically after the 1927 banking panic. Second, we examine the causes of bank closings in 1927. We test whether or not such bank closings were due to their unsound management, which was reflected in the structure of assets and liabilities and bank performance, using a qualitative model. Our empirical results conclude that bank closings occurred more for banks with unsound management and inefficient operations. J. Japan. Int. Econ., December 1993, 7(4), pp. 387–407. School of Political Science and Economics, Waseda University, 6-1 Nishiwaseda 1-chome, Shinjuku-ku, Tokyo 160, Japan; and University of Tokyo, Hongo, Bunkyo-ku, Tokyo, Japan. 相似文献
24.
Atsushi Tsuneki 《Economics Letters》1992,40(4)
This paper proves a general theorem on welfare improving tariff changes that a tariff harmonization towards any arbitrary common target tariff rates among member countries can improve potential world welfare as long as international lump-sum transfers are available. 相似文献
25.
Tomohiko Takeuchi Toshiaki Tachibanaki 《Journal of the Japanese and International Economies》2004,18(4):551-564
This paper investigates the differences between the defined benefit plans (DB) and the defined contribution plans (DC) in the enterprise pension programs in Japan. Attention is paid not only to the effect of labor turnover but also to the difference in various categories of workers, which are classified by gender, education, timing of labor turnover, etc. Also, we take into consideration the effect of interest rates. One important conclusion of this paper is that the DC plan is superior to the DB plan, in contrast to the common belief. J. Japanese Int. Economies 18 (4) (2004) 551–564. 相似文献
26.
Douglas Cumming Grant Fleming Sofia Johan Mai Takeuchi 《Journal of Business Ethics》2010,97(2):173-188
Although trustworthiness has been described as a source of competitive advantage, its value extends to organizational governance
and wealth creation. We identify the importance of the commitment–compliance continuum in the decision to trust and note that
trustworthiness is a subjective perception viewed through each person’s mediating lens. That lens and each person’s interpretation
of the social contract impact one’s commitment to cooperate. We suggest five propositions that integrate trustworthiness,
governance, and wealth creation. 相似文献
27.
The Yonmenkaigi System Method: An Implementation-Oriented Group Decision Support Approach 总被引:1,自引:0,他引:1
Norio Okada Jong-Il Na Liping Fang Atsushi Teratani 《Group Decision and Negotiation》2013,22(1):53-67
The Yonmenkaigi System Method (YSM) is presented as a participatory method to support group decision making. It is composed of four main steps: conducting a SWOT analysis, completing the Yonmenkaigi chart, debating, and presenting the group’s action plan. The YSM is an implementation and collaboration-oriented approach that incorporates the synergistic process of mutual learning, decision making and capacity building. It fosters small and modest breakthrough and/or innovative strategy development. The YSM addresses the issues of resource management and mobilization as well as effective involvement and commitment by participants and provides a strategic communication platform for participants. A case study for developing a disaster reduction action plan, carried out with a local community organization in the City of Kyoto, Japan, is used to demonstrate the characteristics of the YSM. 相似文献
28.
Summary. In this paper we re-examine generic constrained suboptimality of equilibrium allocations with incomplete numeraire asset
markets. We provide a general framework which is capable of resolving some issues left open by the previous literature, and
encompasses many kinds of intervention in partially controlled market economies. In particular, we establish generic constrained
suboptimality, as studied by Geanakoplos and Polemarchakis, even without an upper bound on the number of households. Moreover,
we consider the case where asset markets are left open, and the planner can make lump-sum transfers in a limited number of
goods. We show that such a perfectly anticipated wealth redistribution policy, though consistent with the assumed incomplete
financial structure, is typically effective.
Received: August 14, 1995; revised version: April 11, 1997 相似文献
29.
Atsushi Inoue 《Journal of econometrics》1999,90(2):1853
The conventional testing procedure may mislead one into accepting the null of no cointegration or the null of a cointegrating rank smaller than the true rank when there is a trend-break under the alternative hypothesis. This paper proposes tests for cointegrating rank that have power against the trend-break alternative. The proposed tests are applied to the US money demand function. The results support the Campbell–Perron conjecture: money, income and interest rates are cointegrated around a broken trend. 相似文献
30.
Atsushi Kobayashi 《Australian economic history review》2017,57(1):108-129
Using a newly created trade price index, this paper determines the real growth rate of Singapore's trade during 1831–1913. We find that Singapore's trade grew between 1831 and 1873 at a higher rate than during the later period. An analysis of the terms of trade and purchasing power parity reveals that the growth pattern of Singapore's entrepôt trade changed after 1850 from growth fuelled by transit trade of industrial products to balanced growth between regional imports and exports. This change resulted from the operation of the international monetary system, which enhanced market integration between Britain and Southeast Asia via Singapore. 相似文献