Sentence examples for welfare constraints from inspiring English sources

Moreover, welfare constraints of load are implemented to maintain customers' satisfaction.

All these models use superior and more delicate mechanisms involving monetary aspects, inventory issues, business expectation, borrowing constraints, welfare gains and multi-country consumption correlations.

We show the optimality of such a voting procedure by arguing that it is first best, that is, it maximizes welfare when equilibrium constraints are ignored, and by showing that individual incentives and social welfare are sufficiently aligned to make a first best procedure incentive compatible.

This leads to a larger fundamental problem first formulated by Nobel laureate Paul Samuelson [39], who observed that every society acts as if it is attempting to maximize a (known or unknown) social welfare function subject to constraints.a The welfare function is so named because it incorporates the goals of all economic subunits.

19 Admittedly, they are independent of endowments, as illustrated in Fig. 2 i. 20 In fact, if agents live with certitude until the last year and time preference equals the interest rate, pension systems are welfare deteriorating (absent liquidity constraints) and reforms to the retirement age may at best eliminate inefficiency.

Whereas several studies investigate how economic trends, social policies, institutional constraints and welfare regimes influence fertility tempo and quantum, other contributions focus on the influence of values, attitudes and culture in reproductive behavior.

It is defined as the stationary state that a social planner would select to maximize welfare under the feasibility constraint.

Then, to maximize the social welfare satisfying the coverage constraint for the infinite horizonal continuous sensing, we design incentive schemes based on heterogeneous-belief values for joint social states and realtime throughput.

"Our findings confirm that the site is well managed with staff at all levels committed to the provision of appropriate standards of welfare and care, within the constraints of the scientific requirements of the research".

First, in addition to individuals on unemployment insurance, individuals on welfare also face several time constraints.

This is especially true in the presence of highly non-convex budget constraints induced by welfare benefits and complex tax structures.