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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.
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