Pregled bibliografske jedinice broj: 1153364
Optimal Taxation of a Monopoly with Cobb-Douglas Production Function for Two Inputs as a Bilevel Programming Problem
Optimal Taxation of a Monopoly with Cobb-Douglas Production Function for Two Inputs as a Bilevel Programming Problem // Proceedings of the 16th International Symposium on Operational Research in Slovenia / S. Drobne, L. Zadnik Stirn, M. Kljajić Borštar, J. Povh and J. Žerovnik (ur.).
Ljubljana: Slovensko društvo informatika, 2021. str. 584-589 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), ostalo)
CROSBI ID: 1153364 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Optimal Taxation of a Monopoly with Cobb-Douglas
Production Function for Two Inputs as a Bilevel
Programming Problem
Autori
Lukač, Zrinka
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), ostalo
Izvornik
Proceedings of the 16th International Symposium on Operational Research in Slovenia
/ S. Drobne, L. Zadnik Stirn, M. Kljajić Borštar, J. Povh and J. Žerovnik - Ljubljana : Slovensko društvo informatika, 2021, 584-589
ISBN
978-961-6165-57-0
Skup
16th International Symposium on Operations Research in Slovenia (SOR '21)
Mjesto i datum
Bled, Slovenija, 22.09.2021. - 24.09.2021
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
optimal tax revenue, profit maximizing monopolist, Cobb-Douglas production function, two inputs, bilevel programming
Sažetak
The paper formulates the problem of optimal tax policy for profit maximizing monopolist as a bilevel programming problem. The output of the monopolist is described by the Cobb-Douglas production function of two inputs – labour and capital. Tax is modelled as an amount per unit product. Government is the leader and determines tax amount with the objective of maximizing its tax revenue. Monopolist is the follower who, given the leader’s tax decision, decides about input levels and thus output quantity with the objective of maximizing the profit.
Izvorni jezik
Engleski
Znanstvena područja
Matematika, Ekonomija, Interdisciplinarne društvene znanosti
