Sentence examples for optimum welfare from inspiring English sources

We show that the mechanism's performance improves with the number of agents that can coordinate their bids, and reaches half of the optimum welfare at strong equilibrium.

"Given that we will continue to need to use dogs in research for the foreseeable future, we believe it is in everyone's interests that those dogs are bred in the UK and housed in buildings that are designed for their optimum welfare".

Feeding the animals and ensuring their optimum welfare is the next biggest cost - A$187,000 a year.

Subsequently, we derive worst-case bounds on the approximation of the optimum social welfare achieved in (strong) equilibrium by the mechanism.

Reducing the rate of multiple ovulation by genetic selection would facilitate progress towards developing a growth profile for optimum animal welfare.

In order to examine whether this is a welfare optimum, consider the welfare function for the case of price and quality discrimination.

We define the static welfare optimum of the economy and examine how it can be reached.

The social planner chooses the level of migrants that leads his country to the post-migration static welfare optimum.

Since both post-migration economies converge to a market steady-state equilibrium, we now investigate by which migration policy the social planner can guide the economy towards a first-best static welfare optimum.

If Ū - ( 1 + c ) - 1 ∕ 2 ≥ 0, all patients are served if f is set to zero. endnote i) Under this condition, the global welfare optimum W* = W p = 0 is therefore attained by setting f = 0.□.

He uses the level of migration m i as an instrument to guide the economy toward the static welfare optimum, taking into account the macroeconomic equilibrium constraint of his country.