Comment on E. Dierker and B. Grodal, "Modelling Policy Issues in a World of Imperfect Competition."

Article Abstract:

Egbert Dierker and Birgit Grodal have made an illustrious work on the subject of general equilibrium theory. The paper is aimed primarily at providing a systematic analysis on various management and stakeholder issues that prevail under imperfect competition. Both authors have rendered a detailed account on the impact of profit and wealth surplus to firms that operate under such conditions. However, Dierker and Grodal failed to provide a comprehensive correlation between economic models and corporate decision-making functions.

Economics, Research and Development in the Social Sciences and Humanities, Research, Analysis, Evaluation, Economic research, Equilibrium (Economics), Monopolistic competition

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Adjusting Green NNP to measure sustainability

Article Abstract:

The net national product (NNP) can be adjusted and used for decreasing natural and environmental resources given a constant interest rate without exogenous technological progress. In a case that allows exogenous technological progress, NNP has been attained that adjusts Green NNP for anticipated capital gains and interest rate effects to develop a method that reveals sustainability.

Net National Product, Models, Economic aspects, Scandinavia, National income

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