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Mises, Kantorovich and Economic Computation

William Cockshott ()

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Kantorovich; Linear-programming; von-Mises (search for similar items in EconPapers)
JEL-codes: B24 B25 C63 P2 (search for similar items in EconPapers)
Date: 2007
New Economics Papers: this item is included in nep-hpe
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