Perfect Public Offering: A Process to Provide Complete Ownership & Direction of Businesses to the Entire Public
19 Pages Posted: 30 Nov 2017 Last revised: 27 Jul 2018
Date Written: September 8, 2017
This paper introduces a process for nonprofit universities to leverage the complete acquisition of businesses, via follow-on (or secondary) offerings - to legally structure businesses to operate in the best interests of the entire public, while ensuring prior investors reasonable returns. Nonprofit universities are well-positioned to completely own & operate businesses in their region, especially when work- and education-infrastructures are merged to subsidize costs; And when infrastructures are maintained as a byproduct of the education process. The social and economic efficiency and effectiveness of businesses owned and operated by a nonprofit university, induces logic and peer-pressures which encourage global assimilation; The mechanism relies on an iterated prisoner’s dilemma scenario established amongst global businesses, created by global externalities produced from the localized interactions of an initial group of businesses being acquired by a nonprofit university. The university uses a public enterprise resource planning (ERP) website to localize and showcase the information and activities of its group - to concentrate global understanding, trust, and support to its university and the businesses it acquires, of which are required to pay a subscription service fee and regular donation to the university. The university uses all funds to pay the operation costs of the ERP and to acquire businesses. The result of this process efficiently and effectively produces and allocates goods, services, knowledge, resources, jobs, and opportunities to its surrounding public in a sustainable manner, which resolves socioeconomic issues - which can be networked with other regions; And the process defines and corrects equity valuations by establishing an ultimate investment strategy within equity markets.
Keywords: Publicly Provided Private Goods, Education, Nationalization, Game Theory, Social Physics, Perfect Competition,
JEL Classification: C7, D64, D41, E5, E6, E7, G34, H4, H42, H13
Suggested Citation: Suggested Citation