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Mises, Kantorovich and Economic Computation

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  • Cockshott, W. Paul

Abstract

An article that reviews the work of Kantorovich in the light of von Mises claim that rational calculations were impossible without markets. It gives a tutorial introduction to the use of Kantorovich's methods, compares his approach to that of Dantzig. An assesment is given of the extent to which new interior point methods of linear programming strengthen or weaken Kantorovich's claims.

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File URL: http://mpra.ub.uni-muenchen.de/6063/
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 6063.

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Date of creation: 2007
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Handle: RePEc:pra:mprapa:6063

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Keywords: Kantorovich; Linear-programming; von-Mises;

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  1. L. V. Kantorovich, 1960. "Mathematical Methods of Organizing and Planning Production," Management Science, INFORMS, INFORMS, vol. 6(4), pages 366-422, July.
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