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The budget-maximizing model is a stream of public choice theory and rational choice analysis in public administration inaugurated by William Niskanen...

Entropy maximization Maximization (economics) Profit maximization Utility maximization problem Budget-maximizing model Shareholder value, maximization Maximization...

public choice theory was the budget-maximizing model – the notion that bureaucrats will attempt to maximize their agency's budget and authority. He presented...

choice model of bureaucracy and a response to the budget-maximization model. It argues that rational officials will not want to maximize their budgets, but...

academic preference for maximizing the value of the firm according to NPV, surveys indicate that executives prefer to maximize returns[citation needed]...

in income. For utility maximization there are four basic steps process to derive consumer demand and find the utility maximizing bundle of the consumer...

that public officials tend to maximize their budgets by the budget-maximizing model. As public officials are budget maximizers, the bureaucrats have no incentive...

interest, might act to benefit themselves, for example in the budget-maximizing model of bureaucracy, possibly at the cost of efficiency. Modern public choice...

equilibrium of soft budget constraints. Consumer behaviour is a maximization problem. It means making the most of our limited resources to maximize our utility...

{\displaystyle x_{1},x_{2},\dots ,x_{n}} consumed. The model further assumes that the consumer has a budget M {\displaystyle M} which is used to purchase a vector...

Public budgeting is a field of public administration and a discipline in the academic study of public administration. Budgeting is characterized by its...

revenue-maximizing average federal tax rate between 32.67% and 35.21%. A 1981 article published in the Journal of Political Economy presented a model integrating...

Debreu theorems. Thus instead of maximizing preference, we can equivalently state that the household is maximizing its utility. A consumption plan is...

a convex or concave function can also be described as the problem of maximizing or minimizing a submodular function subject to some constraints. The hardness...

in optimizing the marketing budget by identifying the most and least efficient marketing activities. Once the final model is ready, the results from it...

the event of an ambush. After combat experience showed the benefits of maximizing portable automatic firepower in squad-size formations, the US Marine Corps...

preference, would be maximized with respect to the amounts xt consumed in each period, subject to an intertemporal budget constraint. In a model of intertemporal...

rather than maximize value to the firm, in terms of NPV. This preference makes a difference when comparing mutually exclusive projects. Maximizing total value...

pioneered a practice he called yield management, which focused primarily on maximizing revenue through analytics-based inventory control. Under Crandall's leadership...

macroeconomic models out of microeconomic foundations. Households are assumed to maximize utility subject to budget constraints while firms maximize profits...