Linear Programming and Economic Analysis (Dover Books on Computer Science)

Book Details

• Publisher: [Publisher Name, if provided]

• Author: Robert Dorfman

• Language: English

• ISBN: 9780486654911

• Pages: 544

• Cover: Paperback

• Dimensions: 8.4 x 5.5 x 1.1 inches

About The Book

Linear Programming and Economic Analysis by Robert Dorfman provides a comprehensive, clear, and concise introduction to the relationship between linear programming and traditional economic theory. Designed primarily for economists and those interested in management economics, the book makes complex mathematical concepts accessible to readers who may not be seasoned mathematicians.

First published with the support of The RAND Corporation in the late 1950s, this book stands as a pioneering work in its field, offering one of the first comprehensive treatments of the connections between linear programming and standard economic analysis. Dorfman explores important topics such as the interplay between the von Neumann theory of games and linear programming, and the application of game theory to economic theories like duopoly and bilateral monopoly.

This text also addresses the integration of linear programming with modern welfare economics, shedding light on the role it plays in the determinacy of Walrasian equilibrium. An excellent introduction to the Leontief theory of input-output analysis is also provided, along with an extensive exploration of dynamic linear programming problems.

Used successfully in graduate economics courses for over three decades, this book emphasizes practical problems and concrete applications, making it an invaluable resource for students and professionals in economics, business, and management.