TITLE:
A Theory of Modern Economic Growth toward Sharing Society
AUTHORS:
Masayuki Matsui
KEYWORDS:
Economic Growth, Lot-Sizing Scheme, Matsui’s Equation, Sharing Economy, Nash’s Equilibrium
JOURNAL NAME:
Theoretical Economics Letters,
Vol.8 No.4,
March
7,
2018
ABSTRACT: Since Industrial Revolution and the division of
labor, the wealth of nations is more and more increasing. Although the smaller
division of labor is better in GDP, but mass production with larger lot
(quantity) is better since Fordism and the division of quantity (lot-size Q, 0Q∞) is
well-known to be worse in manufacturing, for the sake of the larger set-up with
penalty. This paper presents the progressive discipline for the contradiction
on modern economic growth in the lot-sizing scheme. The theory would govern
over from mass-production (larger Q),
mid-lot (EOQ) and disparities (smaller Q),
toward next to sharing equilibrium (0QQ