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Lineares Programmieren und neoklassische Theorie

Martin J. Beckmann
Weltwirtschaftliches Archiv
Bd. 84 (1960), pp. 39-52
Published by: Springer
Stable URL: http://www.jstor.org/stable/40306598
Page Count: 14
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Lineares Programmieren und neoklassische Theorie
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Abstract

Linear Programming and Neo-Classical Theory. — What, if anything, has been the contribution of Linear Programming to Economic Theory? Starting from the observation that there is no crucial test which would prove either the Neo-Classical Theory or Linear Programming right and the alternative approach wrong, this paper examines in turn the following questions: Has Linear Programming succeeded in simplifying the foundations of the theory of production ? Has it served to amplify or render more precise certain general principles of economics ? Has it extended the scope of economic analysis through the inclusion of problems not solvable by other means ? In each case the answer is found to be affirmative. In particular it is shown how isotimes and the Law of Diminishing Returns may be derived from process data, the starting point of Linear Programming. However, the neo-classical approach is not invalidated by Linear Programming. There is need for a more general theory of production which would include both approaches as special cases.

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