There are many theoretical models that explain non-profit behavior, from physician's cooperative at one extreme to identity with consumer cooperatives at the other.
The simulation, through using the model estimates, derives an interesting implication that monopolist's profit maximizing behavior could raise the product quality above an optimal level from the economic cost benefit viewpoint.
To estimate the impact of financial incentives, to reduce deforestation and assuming profit maximizing behavior, we calculate differences in net present value of different land uses using a spatially explicit integrated biophysical and socio-economic land use model.
When carbon market prices, transferred through a financial mechanism, balance out differences between the net present value of agricultural land and forest-related income, it is assumed, consistent with profit maximising behavior, that deforestation is avoided.
It could be inferred from these results that mathematically gifted adolescents are more sensitive to the magnitude of the gain, and that this is represented as profit-maximizing behavior.
The Heckman's sample selection model is based on the farmer's utility or profit-maximizing behavior, and the assumption is that a farmer uses a new technology only when the perceived utility or profit from using the new technology is significantly greater than the traditional or the old method.
But it requires clients to press harder for alternative fee arrangements, courts to back away from policies that embed the billable hour, law firm leaders to stop rewarding excessive associate hours and senior partners to consider the deleterious consequences of their myopic focus on short-term profit-maximizing behavior.
Furthermore, utility- and profit-maximizing behavior as well as dynamics play no role [20].
We analyze the hub network configuration under cost minimization and profit maximization behaviors.
Similar to the process of "resonance" referred to above, the system is guided by the profit-seeking behavior of elements.
The use of crop switching as adaptation measure is hindered by the fact that production decisions by farmers may not be motivated by yield- or profit-optimizing behavior.
