Optimal Famine Relief in a Market Economy
Stephen T.R. Coate
Working Paper from Economics Department, Queen's University
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.
Pages: 30 pages
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:qed:wpaper:570
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