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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This book deals with the effect of public and semi-public companies on economy. 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.

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ToC will be updated upon the receipt of manuscript

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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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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Produktdetaljer

ISBN
9783030583484
Publisert
2020-10-01
Utgiver
Springer Nature Switzerland AG; Springer Nature Switzerland AG
Høyde
235 mm
Bredde
155 mm
Aldersnivå
Research, P, UP, 06, 05
Språk
Product language
Engelsk
Format
Product format
Heftet