Value Balance and General Equilibrium Model
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 als...
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| Format: | Article |
| Language: | English |
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EconJournals
2017-06-01
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| Series: | International Journal of Economics and Financial Issues |
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| Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/32035/354515?publisher=http-www-cag-edu-tr-ilhan-ozturk |