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Non-allocational objectives

Chapter
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Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 188)

Abstract

The previous chapters of this book have dealt with optimal allocation. This chapter, however, will regard alternative objective functions of public enterprises and compare them with the results of maximizing consumer surplus. The interplay between allocative and distributive effects of public enterprises’ policies that follow such objectives will be the most interesting part of this chapter1).

Keywords

Consumer Surplus Base Period Public Enterprise Price Structure Revenue Maximization 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 1981

Authors and Affiliations

  1. 1.Institut für Gesellschafts- und WirtschaftswissenschaftenUniversität BonnBonnGermany

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