Sentence examples for maximum social surplus from inspiring English sources

Thus, the maximum social surplus for each type- θ can be written as S fb = S (θ,q fb.

So, q θ fb V ̂ q θ ≥ 0. This proposition suggest that the solution q fb of the maximum social surplus is implementable.

From a social surplus perspective, our results have shown that the social surplus under incomplete information is close to the maximum social surplus under complete information.

Maximum social media cut-through, without using a single stamp.

Consumer surplus, also called social surplus and consumer's surplus, in economics, the difference between the price a consumer pays for an item and the price he would be willing to pay rather than do without it.

The core of CBA technique is the social surplus, sum of users' surplus, producers' surplus, and, if the case, non-users' and Government surplus.

In the equilibrium mechanism, the informed principal appropriates all expected social surplus, with each type of her getting all expected social surplus conditional on that type.

Renegotiation entails a redistribution of social surplus, while reorganization takes the form of enhanced creditor monitoring.

Our simulation results indicate that the developed protocol obtains a social surplus close to Pareto efficient.

Any higher fee with t ^ > 0 and s ≤ 0 results in a lower social surplus.

Figure 7 Expected social surplus in the optimal contracts under complete information and incomplete information.