G. V. Kolesnik, S. D. Voloshchuk, A. I. Ponomarenko, “Mathematical modeling of the impact of the structure of property rights on the functioning of socially-significant economic objects”, Vestnik TVGU. Ser. Prikl. Matem. [Herald of Tver State University. Ser. Appl. Math.], 2008, Issue 8,Pages <nobr>77

Methods of Optimization and Decision-Making

Mathematical modeling of the impact of the structure of property rights on the functioning of socially-significant economic objects

G. V. Kolesnik^a, S. D. Voloshchuk^b, A. I. Ponomarenko^b

^a Tver State University
^b Center for Defense Problems of the Academy of Military Sciences

Abstract: This paper considers a model of the socially-significant economic object which activity is accompanied with certain externalities in the economy. The influence of the property rights allocation on the regime of the functioning of such object is studied. The optimal property rights allocations are determined.

Keywords: social significance, externality, property rights, welfare, Pareto-efficiency.

UDC: 519.865.7:330.46

Received: 20.11.2007
Revised: 12.02.2008