Examples of 'socially optimal' in a sentence
Meaning of "socially optimal"
Socially optimal: Describes a situation or outcome that is considered the best for society as a whole, taking into account collective welfare and benefits
How to use "socially optimal" in a sentence
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socially optimal
Around the socially optimal outcome.
The relentless pursuit of greed and acquisition leads to socially optimal outcomes.
Thus the roles of arbitrageurs are socially optimal when there are no financial constraints.
The result is investment by the regulated firm below the socially optimal level.
For market mechanisms to deliver a socially optimal allocation of resources various conditions need to hold.
She will as a consequence invest in the second language less than is socially optimal.
Studying these factors may result in more socially optimal provision of these services.
In contrast, under the destination principle, the equilibrium is socially optimal.
Sometimes labour markets do not provide the socially optimal number of workers in a specific occupation.
Therefore, the bank takes more risk than is socially optimal.
First, privately and socially optimal bioethanol production levels were examined.
Game theorists consider this a socially optimal solution.
As a result, the socially optimal production level would be lower than that observed.
The resulting level of resource use is higher than the socially optimal level.
As a result, the socially optimal production level would be greater than that observed.
See also
Diseconomies of scale Economies of scale Free entry Socially optimal firm size.
Pure competition produces a socially optimal allocation of resources in the long run because,.
Hence, the scale of his activity exceeds the socially optimal amount.
Hence, the socially optimal quantity is greater than the quantity determined by the private market.
As a result, the amount of pollution is way beyond the socially optimal level.
Socially optimal modal distribution requires appropriate transport pricing policies across borders, networks and modes.
Therefore, producers make use of these resources at a rate that is not socially optimal.
We would like to take a socially optimal action profile a ∗ { \ displaystyle a.
In economic terms, these agents are producing less than their socially optimal output.
A socially optimal resource allocation can be achieved only, if all costs are internalised OECD 1995.
As a result, the arbitrageurs ' decisions involve externalities and may not be socially optimal.
Ex-ante, the central bank chooses the socially optimal level of inflation.
Notice that this distribution is not, actually, socially optimal.
After seeing these forecasts, the policymaker chooses the socially optimal inflation rate.
In general, however, lobbying distorts conservation from the socially optimal.
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Designing optimal financial and trade regimes
Triple continuous weatherstrip for optimal insulation
Such as optimal loading of pallets and trucks
