The Social Welfare Under Stochastic Demand.
Abstract
The report develops two kinds of models, the first is to maximize the expected social welfare, the second is to maximize the expected monopoly profit; both models involve random demand.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1975
- Accession Number
- ADA016381
Entities
People
- Nguyen Minh Cang
Organizations
- Naval Postgraduate School