{"title":"否定市场需求和市场供给","authors":"Hak Choi","doi":"10.2139/SSRN.3203158","DOIUrl":null,"url":null,"abstract":"This paper disproves the concepts of market demand and market supply. It discovers two suspicions that such concepts may be wrong: they deliver uncertain equilibrium or infinite price, and their elasticity preservation creates an identity crisis. In contrast, this paper works out how incessant arbitrage by laissez faire people generates market price, to render market demand or market supply unnecessary. Market demand or supply, if any, represents autocracy, suppresses individuality, and hence should not belong to Economics.","PeriodicalId":260073,"journal":{"name":"Mathematics eJournal","volume":"65 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2018-06-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Disproving Market Demand and Market Supply\",\"authors\":\"Hak Choi\",\"doi\":\"10.2139/SSRN.3203158\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper disproves the concepts of market demand and market supply. It discovers two suspicions that such concepts may be wrong: they deliver uncertain equilibrium or infinite price, and their elasticity preservation creates an identity crisis. In contrast, this paper works out how incessant arbitrage by laissez faire people generates market price, to render market demand or market supply unnecessary. Market demand or supply, if any, represents autocracy, suppresses individuality, and hence should not belong to Economics.\",\"PeriodicalId\":260073,\"journal\":{\"name\":\"Mathematics eJournal\",\"volume\":\"65 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2018-06-26\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Mathematics eJournal\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/SSRN.3203158\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Mathematics eJournal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/SSRN.3203158","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
This paper disproves the concepts of market demand and market supply. It discovers two suspicions that such concepts may be wrong: they deliver uncertain equilibrium or infinite price, and their elasticity preservation creates an identity crisis. In contrast, this paper works out how incessant arbitrage by laissez faire people generates market price, to render market demand or market supply unnecessary. Market demand or supply, if any, represents autocracy, suppresses individuality, and hence should not belong to Economics.
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