Linear Programming and Economic Analysis

Description

Designed primarily for economists and those interested in management economics who are not necessarily accomplished mathematicians, this text offers a clear, concise exposition of the relationship of linear programming to standard economic analysis. The research and writing were supported by The RAND Corporation in the late 1950s. Linear programming has been one of the most important postwar developments in economic theory, but until publication of the present volume, no text offered a comprehensive treatment of the many facets of the relationship of linear programming to traditional economic theory. This book was the first to provide a wide-ranging survey of such important aspects of the topic as the interrelations between the celebrated von Neumann theory of games and linear programming, and the relationship between game theory and the traditional economic theories of duopoly and bilateral monopoly. Modern economists will especially appreciate the treatment of the connection between linear programming and modern welfare economics and the insights that linear programming gives into the determinateness of Walrasian equilibrium. The book also offers an excellent introduction to the important Leontief theory of input-output as well as extensive treatment of the problems of dynamic linear programming. Successfully used for three decades in graduate economics courses, this book stresses practical problems and specifies important concrete applications.

Get the book

Amazon.com

Search the book

eBay.com

Search the book

Other editions

• 

  Linear Programming and Economic Analysis

  • 2012-10-10
  • 525 pages
  • Ebook
  • Courier Corporation

Similar books

• 

  Mathematical Optimization and Economic Analysis

  By Mikulás Luptácik

  Through a systematic approach, this book demonstrates the usefulness of these mathematical tools in quantitative and qualitative economic analysis.

• 

  Optimisation in Economic Analysis

  By Gordon Mills

  The variety of programming approaches that have been advocated stem from differences in the design of the ... Throughout the calculation, a record is kept of the best feasible solution so far found, and of the value m of the maximand ...

• 

  Mathematical Programming for Economic Analysis in Agriculture

  By P. B. R. Hazell, Roger D. Norton

  Mathematical Programming for Economic Analysis in Agriculture

• 

  Economic Analysis and Operations Research: Optimization Techniques in Quantitative Economic Models

  By Karl A. Fox, Jatikumar Sengupta

  Economic policy and operations research; Methods of linear programming: extension and applications; Nonlinear and dynamic programming; Sensitivity analysis in programming; Probabilistic programming methods; Models of firm behavior and other applications;...

• 

  Mathematical Economics

  By Kelvin Lancaster

  Part I covers optimizing theory; Parts II and III survey static and dynamic economic models; and Part IV contains the mathematical reviews, which range fromn linear algebra to point-to-set mappings.

• 

  Dynamic Programming of Economic Decisions

  By Martin F. Bach

  In economics and operations research its impact may someday rival that of linear programming. The importance of this field is made apparent through a growing number of publications. Foremost among these is the pioneering work of Bellman.

• 

  The Theory of Linear Economic Models

  By David Gale

  Reprint of the edition of 1960. Gale (math, economics, operations research, U. of Cal. Berkeley) provides a complete and systematic treatment of the topic. Annotation copyrighted by Book News, Inc., Portland, OR

• 

  Mathematical Methods of Game and Economic Theory

  By Jean-Pierre Aubin

  Mathematical economics and game theory approached with the fundamental mathematical toolbox of nonlinear functional analysis are the central themes of this text.

• 

  Pricing and Equilibrium: An Introduction to Static and Dynamic Analysis

  By Erich Schneider

  An Introduction to Static and Dynamic Analysis Erich Schneider. H. von Stackelberg : Grundlagen einer reinen Kostentheorie ... R. Dorfman , P. A. Samuelson and R. M. Solow : Linear Programming and Economic Analysis , New York , 1958 .

• 

  Economic Foundations of Symmetric Programming

  By Quirino Paris

  The search for symmetry is part of the fundamental scientific paradigm in mathematics and physics. Can this be valid also for economics? This book represents an attempt to explore this possibility.