Public Interest and Private Enterprize: New Developments - Theoretical Results and Numerical Algorithms (Paperback, 1st ed. 2021)

This book deals with the effect of public and semi-public companies on economy. In traditional economic models, several private companies - interested in maximizing their profit - interact (e.g., compete) with each other. Such models help to avoid wild oscillation in production and prices (typical for uncontrolled competition), and to come up with a stable equilibrium solution. The problems become very complex if we take into account the presence of public and semi-public companies - that are interested in public good as well as in the profit. The book contains theoretical results and numerical techniques for computing resulting equilibria. As a case study, it considers the problem of selecting optimal tolls for the public roads - tolls that best balance the public good and the need to recover the cost of building the roads. It is recommended to specialists in economics as well as to students interested in learning the corresponding economic models.

General

Imprint:	Springer Nature Switzerland AG
Country of origin:	Switzerland
Series:	Lecture Notes in Networks and Systems, 138
Release date:	October 2020
First published:	2021
Authors:	Jose Guadalupe Flores Muniz • Nataliya Kalashnykova • Viacheslav V. Kalashnikov • Vladik Kreinovich
Dimensions:	235 x 155mm (L x W)
Format:	Paperback
Pages:	146
Edition:	1st ed. 2021
ISBN-13:	978-3-03-058348-4
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy
LSN:	3-03-058348-1
Barcode:	9783030583484

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