THE ECONOMICS OF PRODUCTIVE CONSUMPTION AND POSITIONAL INVESTING

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F25%3A%230001314" target="_blank" >RIV/04274644:_____/25:#0001314 - isvavai.cz</a>

Result on the web

<a href="https://www.scientific-publications.net/get/1000072/1766090315191149.pdf" target="_blank" >https://www.scientific-publications.net/get/1000072/1766090315191149.pdf</a>

DOI - Digital Object Identifier

—

Result language

angličtina

Original language name

THE ECONOMICS OF PRODUCTIVE CONSUMPTION AND POSITIONAL INVESTING

Original language description

This paper brings together the results of research in the field of economics of productive consumption and positional investing. It is based on a model of supply and demand of investment funds and investment opportunities. It extends the existing results by the aspect of generating future investment opportunities (not only of the investor himself but also of other players) in the realization of the current investment opportunities. This article defines the equilibrium of this model as the maximum of future income from the realization of investment opportunities whereas this does not depend on whose investment funds are used to realize the investment opportunities and to whom additional investment opportunities are generated. This is a substantial extension of equilibrium, conceived as the utilization of investment opportunities according to their rate of return, irrespective of who owns the investment funds. The paper contains a methodology for building the relevant models and for the calculation of the equilibrium. This enables to distinguish between prisoner's dilemma situations and situations in which players have the highest payoffs if they cooperate (KK). Based on this, KK situations can be identified at different stages of history, at present, or for which conditions exist for the future. Consequently, the causes that have led or may lead to the change of a situation from KK to NN can be revealed, which has important practical applications.

Czech name

—

Czech description

—

Type

J_ost - Miscellaneous article in a specialist periodical

CEP classification

—

OECD FORD branch

50200 - Economics and Business

Project

—

Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2025

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Economy & Business

ISSN

1314-7242

e-ISSN

—

Volume of the periodical

19

Issue of the periodical within the volume

1

Country of publishing house

BG - BULGARIA

Number of pages

17

Pages from-to

1-17

UT code for WoS article

—

EID of the result in the Scopus database

—