maximands

identifying the primary maximands is crucial for effective policy design.

economists often assume that profit is the sole maximand of the firm.

conflicting maximands can lead to inefficiency within a large organization.

the study analyzes the choice of maximands in utility functions.

social welfare is frequently the key maximand in public sector reforms.

we must carefully define the maximands before building the mathematical model.

changing the institutional maximands can alter bureaucratic behavior significantly.

shareholder value is considered the dominant maximand in corporate finance.

multiple maximands often exist in complex multi-objective optimization problems.

the committee struggled to rank the various ethical maximands.

selecting appropriate maximands is essential for sustainable resource management.