Sentence examples for a budget constraint from inspiring English sources

Constraint (7) is a budget constraint.

Adding a budget constraint does not bind the solution.

Compared to existing budgeting models, this paper explicitly considers a budget constraint.

In some markets bidders want to maximize value subject to a budget constraint rather than payoff.

As to GDP, it is interpreted as a budget constraint and an indicator of individual productivity.

In other words, consumer's utility is subjected to a budget constraint.

Consequently, households not only face a budget constraint but also a knowledge constraint (Mokyr 2002).

The objective of the household is to maximize its expected utility subject to a budget constraint.

When faced with a hard budget constraint, there is an incentive to shift costs by proposing service expansions for which other programme budgets would foot the bill or attempt to identify savings in other programmes with the aim of relaxing the budget constraint.

We study the problem to maximise the net economic benefit of an investment plan by selecting from a portfolio of candidate projects within a given budget constraint.

In the model, a firm makes its capacity decision under a financial budget constraint at the beginning of the planning horizon which embraces n market periods.