Joint Profit Maximization, Negotiation, and the Determinacy of Price in Bilateral Monopoly

1993 ◽  
Vol 24 (3) ◽  
pp. 260 ◽  
Author(s):  
Dale B. Truett ◽  
Lila J. Truett
Keyword(s):  
Profit Maximization ◽  
Bilateral Monopoly

Joint Profit Maximization, Negotiation, and the Determinacy of Price in Bilateral Monopoly

1993 ◽  
Vol 24 (3) ◽  
pp. 260-270 ◽  
Author(s):  
Dale B. Truett ◽  
Lila J. Truett
Keyword(s):  
Profit Maximization ◽  
Bilateral Monopoly

scholarly journals Social Responsibility in a Bilateral Monopoly with Downstream Convex Technology

2020 ◽  
Vol 20 (4) ◽  
pp. 761-776
Author(s):  
Luciano Fanti ◽  
Domenico Buccella
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Profit Maximization ◽  
Bilateral Monopoly ◽  
Social Concerns ◽  
Standard Linear ◽  
Corporate Social ◽  
Empirical Implications

Abstract This paper shows that, in a bilateral monopoly with consumer-friendly social concerns, only the downstream firm is always incentivized to adopt corporate social responsibility (CSR) if it has decreasing returns to the input, leading to a Pareto-superior outcome in equilibrium. This occurrence differs from a standard linear bilateral monopoly in which, if the upstream (downstream) firm commits itself to CSR before the downstream (upstream) does, then both firms improve profits, while they do not deviate from pure profit-maximization if CSR levels are simultaneously chosen. Straightforward policy and empirical implications are offered, and this paper argues that the presence of CSR-type firms crucially depends on technology.

A Linear Programming Model for Product Mix Profit Maximization in A Small Medium Enterprise Company

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
S Mohd Baki ◽  
Jack Kie Cheng
Keyword(s):  
Linear Programming ◽  
Production Planning ◽  
Business Performance ◽  
Programming Model ◽  
Profit Maximization ◽  
Optimal Level ◽  
Linear Programming Model ◽  
Product Mix ◽  
Small Medium Enterprises ◽  
Medium Enterprises

Production planning is often challenging for small medium enterprises (SMEs) company. Most of the SMEs are having difficulty in determining the optimal level of the production output which can affect their business performance. Product mix optimization is one of the main key for production planning. Many company have used linear programming model in determining the optimal combination of various products that need to be produced in order to maximize profit. Thus, this study aims for profit maximization of a SME company in Malaysia by using linear programming model. The purposes of this study are to identify the current process in the production line and to formulate a linear programming model that would suggest a viable product mix to ensure optimum profitability for the company. ABC Sdn Bhd is selected as a case study company for product mix profit maximization study. Some conclusive observations have been drawn and recommendations have been suggested. This study will provide the company and other companies, particularly in Malaysia, an exposure of linear programming method in making decisions to determine the maximum profit for different product mix.

Corporate Social Responsibility in Hospitals: Need for Transparent CSR Initiatives for Internal and External Stakeholders

Think India ◽  
2014 ◽  
Vol 17 (1) ◽  
pp. 1-7
Author(s):  
Vedantam Leela
Keyword(s):  
Social Responsibility ◽  
Profit Maximization ◽  
Healthcare Sector ◽  
Medical Procedures ◽  
Healthcare Industry ◽  
External Stakeholders ◽  
Good For ◽  
Social Environmental ◽  
Corporate Social ◽  
Strategic Balance

Social Responsibility initiatives are the indispensible strategies for governance and this applies equally well in the field of Corporate framework also. In the recent times, the corporate houses other than healthcare industry, evidently demonstrated that strategic balance among social, environmental, and commercial goals can be accomplished. Corporate hospitals contemporary functioning rests on the anarchic assumptions that healthcare industry functions on the notion that what is good for patients or society cannot be good for business. At a time when patients are overexposed to medical procedures and medical treatment is within the reach of affordability of only those who are well insured, there arises a question,is it not essential for corporate hospitals to adopt CSR initiatives. An important corollary question, that also needs to be examined, is whether and for what reasons CSR initiatives must be nurtured by Corporate Hospitals. Drawing up from the existing research studies on CSR in corporate hospitals in Indian scenario i.e., corporate hospitals and healthcare sector, this paper (i) undertakes a thorough examination of the CSR initiatives needs a thorough examination, (ii) examines the implications of modelling of CSR in corporate hospitals so as to create a right balance between their social and economic objectives, (iii) to this extent, the paper hypothesizes that (a) employee costs of corporate hospitals may positively increase due to CSR initiatives, (b) profit maximization i.e. positive increases due to CSR initiatives, and (c) the degree of workforce efficiency positively increases sales turnover due to CSR initiatives.

Why Short Term Profit Maximization by a Business Does Not Always Work

2012 ◽  
Author(s):  
Anthony J. Fejfar
Keyword(s):  
Profit Maximization ◽  
Short Term

A Further Note on the Problem of Bilateral Monopoly

1940 ◽  
Vol 48 (2) ◽  
pp. 238-243 ◽  
Author(s):  
A. M. Henderson
Keyword(s):  
Bilateral Monopoly

The Bilateral Monopoly Theory of Public Goods: A Critique

1973 ◽  
Vol 81 (5) ◽  
pp. 1226-1235 ◽  
Author(s):  
E. G. West
Keyword(s):  
Public Goods ◽  
Bilateral Monopoly

Constraint aware profit maximization scheduling of tasks in heterogeneous datacenters

Computing ◽  
2020 ◽  
Vol 102 (10) ◽  
pp. 2229-2255
Author(s):  
Chinmaya Kumar Swain ◽  
Bhawana Gupta ◽  
Aryabartta Sahu
Keyword(s):  
Profit Maximization
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