Advanced Search
MyIDEAS: Login

Utility Complex

Contents:

Author Info

  • Gopinath VadirajaRao Bangalore

    (No affiliation)

Registered author(s):

    Abstract

    The branch of science (or Economics) that deals with nature, properties, laws and classification of wealth is yet to be named. This branch of science is a mirror image of chemistry. The utility ( I call utility as all that a human being needs) is similar to water. The utility complex of every economic entity, be it an individual or a family or a society or state or nation consists of two components- A) WANTS that consist of goods and services and B)MEANS that consist of money and money related forms of wealth. Every economic entity tries to attain equilibrium between wants and means. If wants are more than means, due to application of Law of Conservation, costlier wants are replaced by cheaper wants or some wants are transfered from Current Wants category to furure Wants category. Wants and Means are forms of wealth and hence cannot be created or destroyed but can be changed to other forms. This leads us to classification of wealth.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://128.118.178.162/eps/get/papers/0506/0506001.pdf
    Download Restriction: no

    File URL: http://128.118.178.162/eps/get/papers/0506/0506001.doc.gz
    Download Restriction: no

    File URL: http://128.118.178.162/eps/get/papers/0506/0506001.ps.gz
    Download Restriction: no

    Bibliographic Info

    Paper provided by EconWPA in its series General Economics and Teaching with number 0506001.

    as in new window
    Length:
    Date of creation: 03 Jun 2005
    Date of revision:
    Handle: RePEc:wpa:wuwpgt:0506001

    Note: Type of Document - doc; pages: . Utility is form of of wealth. The utility consists of two components- Wants and Means. Wants and Means are forms of wealth.
    Contact details of provider:
    Web page: http://128.118.178.162

    Related research

    Keywords: Law of Conservation; Wants and Means;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpgt:0506001. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.