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Public interest and private enterpri...

Flores Muniz, Jose Guadalupe.

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Public interest and private enterprize = new developments : theoretical results and numerical algorithms /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Public interest and private enterprize/ by Jose Guadalupe Flores Muniz ... [et al.].
Reminder of title:	new developments : theoretical results and numerical algorithms /
other author:	Flores Muniz, Jose Guadalupe.
Published:	Cham :Springer International Publishing : : 2021.,
Description:	vi, 146 p. :ill., digital ;24 cm.
Contained By:	Springer Nature eBook
Subject:	Equilibrium (Economics) - Mathematical models. -
Online resource:	https://doi.org/10.1007/978-3-030-58349-1
ISBN:	9783030583491

Public interest and private enterprize = new developments : theoretical results and numerical algorithms /
Public interest and private enterprizenew developments : theoretical results and numerical algorithms /[electronic resource] :by Jose Guadalupe Flores Muniz ... [et al.]. - Cham :Springer International Publishing :2021. - vi, 146 p. :ill., digital ;24 cm. - Lecture notes in networks and systems,v.1382367-3370 ;. - Lecture notes in networks and systems ;v.138..

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.

ISBN: 9783030583491

Standard No.: 10.1007/978-3-030-58349-1doiSubjects--Topical Terms:

542989
Equilibrium (Economics)
--Mathematical models.

LC Class. No.: HB145

Dewey Class. No.: 339.5

Public interest and private enterprize = new developments : theoretical results and numerical algorithms /
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490 1 $a Lecture notes in networks and systems, $x 2367-3370 ; $v v.138
520 $a 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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