3.2.2 Step 2: The ‘Benefit-of-the-Doubt’ approach Outline To compute the CI pertaining to the ‘Youth on the Move’ learning mobility flagship initiative, we resort to a non-parametric technique entrenched in DEA. Although the definition of relative efficiency dates back to the concept intro...
firms can offer robo-advisory services that give clients real-time investment advice tailored to their financial goals and risk preferences. This will enhance customer satisfaction, promote efficiency, and drive down costs.
Ineffective skill matching and resource allocation in a chaotic industrial structure may be the reason that the development of AI can only promote limited growth in high-skilled employment. A more rational and orderly industrial structure, indicating a higher degree of specialisation, skill matching ...
Large retail chains like Flamboyance are very likely to benefit from purchasing economies. Big firms that buy large amounts of stock can get cheaper rates. Shoe and clothes manufacturers will offer discounts to firms that buy stock in bulk. This is similar to consumers buyi...
Specialisation drives divergence, with masonry remaining vital for certain types of construction. Dissemination of knowledge across firms and supply chains can narrow the knowledge gap, reducing costs and enabling transformative policy outcomes. Ex ante policy evaluation may support the identification of ...
Removing gatekeeper constraints gives more room for specialisation and collaboration to drive innovation. Investor money can flow into promising startups unfettered by incumbent obstruction. Consumers will gain access to specialist services from new entrants who can expand by fair norms. The DMA aims ...
Given the high degree of specialisation of universities, the literature suggests that we can expect the average commuting distance to be greater [34, 60]. For both cases, however, the reduction in the commuting distance appeared conducive to the ob- served increases in walking, bicycling and ...
sharing in this domain. Finally, we use our theoretical findings to suggest how obstacles to information sharing may be avoided in port resilience planning; and how this might benefit researchers and practitioners working in this area. Access through your organization...
On another level, as alluded to earlier, ‘on the ground’ companies operate and benefit from the circulation of commodified information feeding self-informing feedback loops. These often start in the behavioural monitoring of consumers – such as tracking searches and transactions - and the ...
In economics, one can say that an incentive is a benefit, reward, or cost that motivates economic action [27]. The most common incentive for participants is physical motivation, such as an economic incentive. In consideration of product platforms in competitive markets, a lot of participants ...