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relative efficiency

Algorithmic complexity theory and the relative efficiency of financial markets   Updated

Algorithmic complexity theory and the relative efficiency of financial markets Updated

... absolute efficiency of stock markets has been investigated in a huge number of papers [12], [7], but we could track only three previous attempts similar to ours to deal with their relative ...the ...

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Asymptotic Pitman's Relative Efficiency

Asymptotic Pitman's Relative Efficiency

... asymptotic efficiency of the Kolmogorov-Smirnov test with respect to the Neyman test and lo- cally most powerful rank test; Rothe (1983) obtained a lower bound for the Pitman ef- ficiency of Friedman type tests; ...

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Algorithmic complexity theory and the relative efficiency of financial markets

Algorithmic complexity theory and the relative efficiency of financial markets

... Dow Jones (average LZ = 1.0201), (c) returns of the Shanghai Composite (average LZ index = 1.0032), and (d) returns of the Karachi 100 (average LZ index = 0.9918). Table 1 shows the average LZ index for the other stock ...

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Myasthenia Gravis Impairment IndexResponsiveness, meaningful change, and relative efficiency

Myasthenia Gravis Impairment IndexResponsiveness, meaningful change, and relative efficiency

... Methods: We enrolled 95 patients receiving prednisone, IV immunoglobulin (IVIg), or plasma exchange (PLEX) and 54 controls. Patients were assessed with the MGII and other measures— including the Quantitative Myasthenia ...

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Ranking the stocks listed on Bovespa according to their relative efficiency

Ranking the stocks listed on Bovespa according to their relative efficiency

... the efficiency rate, LZ = 1 was considered as the threshold, with the number of occurrences where the LZ index had reached values above one being considered as the measure of relative ...

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Does relative efficiency matter? An analysis of market uncertainty

Does relative efficiency matter? An analysis of market uncertainty

... whether relative efficiency provides useful information with respect to uncertainty levels (news sensitivity), proxied by stock price ...lower relative efficiency because of the potential for ...

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Measuring Relative Efficiency of Commercial Banks in Bahrain Using Data Envelopment Analysis

Measuring Relative Efficiency of Commercial Banks in Bahrain Using Data Envelopment Analysis

... measuring relative efficiency of seven banks listed on Bahrain Bourse under the commercial banks sub-sector over the period 2008-2012 by employing Data Envelopment Analysis (DEA) as a special linear ...

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The relative efficiency of UEFA Champions League scorers

The relative efficiency of UEFA Champions League scorers

... The relative efficiency of scorers can not be decided unless we use as many relevant inputs and outputs, as possible, and apply various envelopment ...

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Relative efficiency of foreign and domestic Banks

Relative efficiency of foreign and domestic Banks

... about relative efficiency of DBs and FBs, we require a proper measure of ...measure efficiency either by average productivity of labour (or capital) or by a total factor productivity index (a ratio ...

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Relative Efficiency of Small and Medium Scale Agribusiness Enterprises in Imo State, Nigeria

Relative Efficiency of Small and Medium Scale Agribusiness Enterprises in Imo State, Nigeria

... the Relative Efficiency of Small and Medium Scale Agribusiness Enterprises in Imo state, Nigeria using the stochastic translog profit function ...Economic efficiency was analysed using the stochastic ...

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Comparison of Two Sample Tests Using Both Relative Efficiency and Power of Test

Comparison of Two Sample Tests Using Both Relative Efficiency and Power of Test

... using relative efficiency as a measure of the efficiency of test statistic since the relative efficiency values are less than ...both relative efficiency and power of ...

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On the relative efficiency in general network structures

On the relative efficiency in general network structures

... the relative efficiency con- cept as well as its definition in traditional DEA ...the relative efficiency and absolute efficiency scores coincide on each other in traditional DEA model ...

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Evaluating the Relative Efficiency of Iran's Tourism Industry: A Non-Parametric Approach

Evaluating the Relative Efficiency of Iran's Tourism Industry: A Non-Parametric Approach

... managerial efficiency changes in ...in efficiency change due to the difference in sources of customers and management ...managerial efficiency of international tourist hotels is related to the level ...

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Testing the nullity of GARCH coefficients : correction of the standard tests and relative efficiency comparisons

Testing the nullity of GARCH coefficients : correction of the standard tests and relative efficiency comparisons

... allow efficiency comparisons, and shed light on the relative merits of the different ...alternatives. Efficiency comparisons for the ARCH(1) and ARCH(2) models suggest that the different versions of ...

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The relative efficiency of the approximate F-tests frequently encountered in unbalanced designs.

The relative efficiency of the approximate F-tests frequently encountered in unbalanced designs.

... This research has provided an algorithm to compute the distribution function of the approximate F statistic and the power function of the test, i.e., the probability that the approximate[r] ...

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Does relative efficiency matter? An analysis of market uncertainty

Does relative efficiency matter? An analysis of market uncertainty

... Variable Definition: Return: 12months cumulative monthly stock return, ASPV: Stock Price Volatility, Relative_Effi: Technical efficiency score computed using data envelopment analysis , [r] ...

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The relative efficiency of automatic and discretionary regional aid

The relative efficiency of automatic and discretionary regional aid

... However, the analysis raises a number of unanswered questions. The first relates to the high level of non-additionality identified in empirical, typically industrial survey, evaluations. This suggests that the error in ...

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The Relative Efficiency of Automatic and Discretionary Industrial Aid

The Relative Efficiency of Automatic and Discretionary Industrial Aid

... economic efficiency to ensure that the project will confer some net benefit to the UK economy” (Scottish Executive, 2006, ...detailed efficiency test and, if necessary, a fuller cost benefit ...

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Linear combination of estimators in probability proportional to sizes sampling to estimate the population

Linear combination of estimators in probability proportional to sizes sampling to estimate the population

... the efficiency of the estimate of population ...the relative efficiency for alternative biased estimators, an empirical study is conducted by (Agarwal and Kumar, 1998); and (Agarwal et ...

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Aspects of the political economy of environmental voluntary agreements   a meta study

Aspects of the political economy of environmental voluntary agreements a meta study

... In the voluntary agreement process goals R, T are set through negotiations between Government and the IO and then implemented by the IO. Thus the industrial organi- zation representing firms is assumed to have a ...

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