Value Balance and General Equilibrium Model

Truong Hong Trinh

Makale detayları

Value Balance and General Equilibrium Model

Yazarlar:

Truong Hong Trinh

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2017 Vol.7 Issue 2, pp.485-491

Belge Tipi:

Makale

Yayın Tarihi:

5/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000811891

Sıklık:

İki Aylık

eISSN:

2146-4138

Özet:

 

This paper proposes a utility function with the incorporation of value and price, and develops a basic general equilibrium model with two conditions of market clearance and value balance. A joint value model is developed to conduct a value balance between firm profit and customer utility that is also a condition for market equilibrium. The simulation experiments are carried out to conduct the value balance between firm profit and customer utility, and the general equilibrium of the economy with economic policies. The study provides key evidence on the value balance between firm profit and customer utility that creates a new paradigm for further researches on partial equilibrium and general equilibrium.

Makale detayları

Value Balance and General Equilibrium Model

Yazarlar: Truong Hong Trinh

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Economics and Financial Issues 2017 Vol.7 Issue 2, pp.485-491

Belge Tipi: Makale

Yayın Tarihi: 5/2017

Belge Dili: Türkçe

Document ID (Org No.): 2000811891

Sıklık: İki Aylık

eISSN: 2146-4138

Sayı

Yazarlar:

Truong Hong Trinh

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2017 Vol.7 Issue 2, pp.485-491

Belge Tipi:

Makale

Yayın Tarihi:

5/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000811891

Sıklık:

İki Aylık

eISSN:

2146-4138