Optimizing the finance of collective consumption using evolutionary computation
Diana Andrana Filip ♦ Rodica Ioana Lung ♦ Simona G. Serbu ♦ VoichiČ›a Adriana Cleciu
Full PDF
creative_2008_17_1_088_097On the market of collective goods, the state is a provider of services and the individuals are considered to be the beneficiaries. The correct resizing of public expenses for financing indivisi- ble collective consumption is necessary mostly due to the unproductive character of these costs. The optimization of the public goods supply must take into account the individuals preferences for pure collective goods that are expressed as a collective preferences function. This function, together with the constraints resulting from budgetary equilibrium forms a maximization problem that can be solved using evolutionary algorithms.