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Under decentralized regulation, each firm is assigned to a regulator charged with maximizing the welfare generated by that firm.
Maximizing the welfare under the state budget constraint leads to a subsidy of (s=2sqrt {5}d).
This Note analyzes the development and efficacy of social norms in maximizing the welfare of participants in the virtual community of Second Life.
So, in many practical situations, it is not an optimization problem that we should solve when social networks are considered (i.e., applying the best inputs to the smallest set of driver nodes in order to reach the optimal final state), rather it is a problem of finding heuristics for maximizing the welfare.
Regional integration remains the key strategy that will enable African governments to accelerate the transformation of their fragmented small economies, expand their markets, widen the region's economic space, and reap the benefits of economies of scale for production and trade, thereby maximizing the welfare of their nations.
Let us first derive the socially optimal choice of tightness, search, and stock of educated workers by maximizing the welfare function in (21)–(23) with respect to ({theta _{m}^{F}},{theta _{m}^{I}},{theta _{h}^{F}},{theta _{h}^{I}},{sigma _{m}^{I}},{sigma _{h}^{I}}), and (hat {e}).
Similar(52)
In a model such as this the solution will not be the highest possible growth rate but one that will maximize the welfare of consumers.
Understanding the difference between this environment and contemporary poultry-raising environments can help producers design solutions that maximize the welfare of their birds – and reduce problems that are common in the industry.
Under such conditions, the theory goes, we would select rules that maximize the welfare of the worst off, seeking to spare ourselves intolerable outcomes even at the cost of added burdens on the better-off.
A new approach has to begin from the idea that the basic responsibility of government is to maximize the welfare of citizens, not to pursue some abstract concept of the global good.
Each social planner chooses the number of migrants that maximizes the welfare of his own country.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com