explicitly derived from utility and profit maximization. Therefore, spillover effects are taken into account whenever a quantity …

to profit maximization is met by arguing that (1) the outsourcing of production in Japan is, by itself, insufficient to … warrant a claim of profit maximization; (2) behavior that turns out to maximize profits may not actually be motivated by … profit maximization; and (3) the Coffey-Tomlinson argument applies to too small a portion of the Japanese economy to draw …

This paper argues that profit maximization of mainstream economics though unrealistic serves a useful function in price … maximized, how, and to what end are the real issue to be investigated in a case. Profit maximization from an Islamic perspective … with the bath water. The paper shows profit maximization as conducive to social well-being. under an Islamic dispensation …

Lack of information about technology and prices often hampers the empirical assessment of the validity of the profit … maximization hypothesis. We show that the non-parametric Data Envelopment Analysis (DEA) methodology comprises natural tools for …