Abstract
In this paper a new class of goal programming models are employed to define economies of scale and scope first with reference to distribution models and then with reference to more general linear and nonlinear goal programming models. Applications to interregional production, regulation and exchange are provided and in every case these models yield “competitive” results as special cases. But in their general form the models and associated results correspond to appropriately regulated market conditions with regulation being determined inter alia by means of appropriate supply and/or demand goal oriented taxes and subsidies.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.