Profit maximization seeks to find new methods to increase net revenue for a business, often without relying on increased demand or changing sales prices – although these are also viable strategies. As ...

Leading AI firms claim to prioritize social welfare. How should firms with a social mandate price and deploy AI? We derive pricing formulas that depart from profit maximization by incorporating ...

Senior thesis completed at Trinity College Hartford Connecticut for the degree of Bachelor of Science in Economics. For years, mainstream economic theory has assumed that the only legitimate purpose ...