- Tytuł:
- A theoretical framework for determining the appropriate level of subsidy in an economy
- Autorzy:
-
Osagiede, A. A.
Ekhosuehi, V. U. - Powiązania:
- https://bibliotekanauki.pl/articles/406643.pdf
- Data publikacji:
- 2015
- Wydawca:
- Politechnika Wrocławska. Oficyna Wydawnicza Politechniki Wrocławskiej
- Tematy:
-
entropy
Markov process
per capita income
subsidy - Opis:
- A framework has been developed for determining the subsidy that, in the long run, serves to equalize the per capita income shares across income classes. The framework characterizes the income dynamics by the Markov process and uses the principle of maximum entropy for selecting among alternative subsidy schemes. The study provides a means to forecast the per capita income shares at any instant of time and serves as an objective tool to decide on the appropriate level of subsidy.
- Źródło:
-
Operations Research and Decisions; 2015, 25, 2; 19-35
2081-8858
2391-6060 - Pojawia się w:
- Operations Research and Decisions
- Dostawca treści:
- Biblioteka Nauki
Artykuł