The budget-maximizing model is a stream of public choice theory and rational choice analysis in public administration inaugurated by William Niskanen...
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Entropy maximization Maximization (economics) Profit maximization Utility maximization problem Budget-maximizing model Shareholder value, maximization Maximization...
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public choice theory was the budget-maximizing model – the notion that bureaucrats will attempt to maximize their agency's budget and authority. He presented...
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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...
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interest, may act to benefit themselves, for example in the budget-maximizing model of bureaucracy, possibly at the cost of efficiency. Modern public choice...
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in income. For utility maximization there are four basic steps process to derive consumer demand and find the utility maximizing bundle of the consumer...
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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...
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Debreu theorems. Thus instead of maximizing preference, we can equivalently state that the household is maximizing its utility. A consumption plan is...
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that public officials tend to maximize their budgets by the budget-maximizing model. As public officials are budget maximizers, the bureaucrats have no incentive...
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academic preference for maximizing the value of the firm according to NPV, surveys indicate that executives prefer to maximize returns[citation needed]...
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{\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...
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Computer Science, Optimal Computing Budget Allocation (OCBA) is a simulation optimization method designed to maximize the Probability of Correct Selection...
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Public budgeting is a field of public administration and a discipline in the academic study of public administration. Budgeting is characterized by its...
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M1918 Browning automatic rifle (redirect from Colt Model U)
the event of an ambush. After combat experience showed the benefits of maximizing portable automatic firepower in squad-size formations, the US Marine Corps...
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Submodular set function (redirect from Submodular maximization)
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...
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equilibrium of soft budget constraints. Consumer behaviour is a maximization problem. It means making the most of our limited resources to maximize our utility...
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Satisficing (redirect from Satisficing model)
all firms earn the joint-profit maximizing or collusive profit. Some research has suggested that satisficing/maximizing and other decision-making strategies...
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in optimizing the marketing budget by identifying the most and least efficient marketing activities. Once the final model is ready, the results from it...
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Budget-proposal aggregation (BPA) is a problem in social choice theory. A group has to decide on how to distribute its budget among several issues. Each...
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decision making then becomes a problem of maximizing this utility function, subject to constraints (e.g. a budget). This has many advantages. It provides...
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title or subject. Mockbusters are often made with a low budget and quick production to maximize profits. "Mockbuster" is a portmanteau of the words "mock"...
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Low-cost carrier (redirect from Budget airline)
A low-cost carrier (LCC) or low-cost airline, also called a budget, or discount carrier or airline, is an airline that is operated with an emphasis on...
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cash and credit. These are often grouped together under the rubric of maximizing the value of the firm for stockholders. The discipline is then tasked...
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Microeconomics (section Microeconomic models)
as the outcome of a utility-maximizing process, with each individual trying to maximize their own utility under a budget constraint and a given consumption...
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Almost ideal demand system (section Model)
Logarithmic" (PIGLOG) model which allows researchers to treat aggregate consumer behavior as if it were the outcome of a single maximizing consumer. Many studies...
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Multi-armed bandit (redirect from Bandit model)
Gittins, gives an optimal policy for maximizing the expected discounted reward. The multi-armed bandit problem models an agent that simultaneously attempts...
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Fraunhofer Society (section Fraunhofer model)
the size of the society's budget depends largely on its success in maximizing revenue from commissions. This funding model applies not just to the central...
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Utility (redirect from Money-in-the-utility-function models)
of demand Utility maximization problem - a problem faced by consumers in a market: how to maximize their utility given their budget. Utility assessment...
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consumers maximize the desirability of their consumption (as measured by their preferences subject to limitations on their expenditures), by maximizing utility...
45 KB (6,471 words) - 10:54, 15 July 2025