Public Interest and Private Enterprize: New Developments
Theoretical Results and Numerical Algorithms
Authors: Flores Muñiz, J.G., Kalashnykova, N., Kalashnikov, V.V., Kreinovich, V.
Free Preview- Presents new developments on public interest and private enterprise
- Studies an oligopoly market within the theoretical framework of mathematical models
- Includes theoretical results and numerical algorithms
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- About this book
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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.
- Table of contents (5 chapters)
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Introduction
Pages 1-11
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Consistent Conjectural Variations Equilibrium in a Semi-mixed Duopoly
Pages 13-27
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Consistent Conjectural Variations Coincide with the Nash Solution in the Meta-Model
Pages 29-40
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Bilevel Tolls Optimization Problem with Quadratic Costs
Pages 41-72
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Conclusions and Future Research
Pages 73-75
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Table of contents (5 chapters)
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Bibliographic Information
- Bibliographic Information
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- Book Title
- Public Interest and Private Enterprize: New Developments
- Book Subtitle
- Theoretical Results and Numerical Algorithms
- Authors
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- José Guadalupe Flores Muñiz
- Nataliya Kalashnykova
- Viacheslav V. Kalashnikov
- Vladik Kreinovich
- Series Title
- Lecture Notes in Networks and Systems
- Series Volume
- 138
- Copyright
- 2021
- Publisher
- Springer International Publishing
- Copyright Holder
- The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG
- eBook ISBN
- 978-3-030-58349-1
- DOI
- 10.1007/978-3-030-58349-1
- Softcover ISBN
- 978-3-030-58348-4
- Series ISSN
- 2367-3370
- Edition Number
- 1
- Number of Pages
- VI, 146
- Number of Illustrations
- 10 b/w illustrations
- Topics
