| Abstract: | The purpose of this paper is to understand the behavior of policymakers in a public firm. To accomplish this goal, the objectives of a government-owned firm operating in the Saskatchewan uranium industry are econometrically estimated. The estimates are used to determine the importance policymakers attach to the outcomes resulting from their behavior and to examine how the firm might respond to changes in its economic environment. Empirical results indicate that the public firm is willing to reduce profits in order to increase employment and reserves. |
