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Browsing by Subject "Rate of profit"

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Browsing by Subject "Rate of profit"

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  • Centre national de la recherche scientifique, Laboratoire d'analyse et de techniques économiques; De Mesnard, Louis (LATEC, 1995-12)
    We study the impact on industrial organization of the switching of objective function, from pure profit to profit rate maximization. The output level of firm is lower at optimum. This lead to a new conception of efficiency. ...
  • Centre national de la recherche scientifique, Laboratoire d'analyse et de techniques économiques; De Mesnard, Louis (LATEC, 1993)
    On the traditional microeconomic theory, firms are supposed to maximise the aggregate pure profit. We study other objective functions which are ratios profit over capital. We explore various combinations, proposing a ...
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