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Optimal Famine Relief in a Market Economy

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  • Stephen T.R. Coate

Abstract

In a competitive equilibrium model, this paper investigates how a government should intervene in an economy threatened by famine if it's objective is to minimise the loss of life. The government's task is formulated as a nonlinear programming problem and the Kuhn Tucker Theorem is used to characterise an optimal policy.

Suggested Citation

  • Stephen T.R. Coate, 1984. "Optimal Famine Relief in a Market Economy," Working Paper 570, Economics Department, Queen's University.
    • Handle: RePEc:qed:wpaper:570
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