Title |
CONIC ECONOMICS |
| Int J Econ Bus Model Vol:8 Iss:1 (2021-01-30) : 278-281 |
Authors |
A.K. SAHU |
Published on |
30 Jan 2021 Pages : 278-281 Article Id : BIA0005719 Views : 236 Downloads : 296 |
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Abstract |
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Open Access | Review Article
The current world situation of Covid-19 pandemic has highlighted the need for a model of economics which can address the issues of growing economic inequality, and location specific behaviour and actions of economic entity during normal and emergency times. The present paper is focused towards establishing Conic Economics model as a prospective candidate model. The three stages model of point location oriented economics measure includes location, economic entity and timing as primary stage, behaviour as second stage and the last stage is having infrastructure, presence of government, social and cultural beliefs etc. as economic decision supporting stage. The resulting measure is called as user based Conic Scoreā¢. The score for multiple point location can be obtained and compared
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