Munich Personal RePEc Archive

Mises, Kantorovich and Economic Computation

Cockshott, W. Paul (2007): Mises, Kantorovich and Economic Computation.


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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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