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Therefore, it is necessary to calculate the consumer surplus maximizing consumption on each tariff segment before one can then choose the segment that generates the higher overall consumer surplus (cf. Hausmann 1985, p. 1256).
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By exploiting large amounts of untapped energy efficiencies, maximizing surpluses and reserves, expanding renewables and improving generation and transmission, we know we can retire the nuclear plant hovering above Manhattan on the Hudson River (something every New Yorker should be telling NRC to do before the public comment period closes).
Whether social surplus is maximized when maximizing G i depends on the values of β, γ and the shadow price of raising public funds.
Therefore, the buyer group maximizing the consumer surplus of its members never incorporates all the customers, since the seller can react by setting a flatter supply function as the size of the group increases.
The modeling and archaeological data suggest selection occurred differentially among social units, with certain segments of society having enhanced fitness in terms of agricultural resources at the expense of others, while maximizing the potential for surplus generation and possible redistribution.
Linking asset and liability strategies to maximize surplus-wealth over time.
Open image in new window Fig. 3 The buyer group size maximizing the per-member consumer surplus as a function of parameter z.
Firstly, we consider the optimal policy designed by a utilitarian government maximizing the expected sum of the consumers' surplus and of the domestic firm's rent.
Customers choose the product that maximizes their surplus, which is defined as the product's utility minus its price.
One benefit of direct processing links may be a surplus of resources that maximize available capacity permitting fast and accurate performance.
The approach is based on a generalized notion of virtual surplus which can be maximized pointwise even when the monotonicity constraint implied by incentive compatibility binds.
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CEO of Professional Science Editing for Scientists @ prosciediting.com