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Discretionary or Formalized Planning

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Problems in Economic Development

Part of the book series: International Economic Association Series ((IEA))

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Abstract

In formalized programming a distinction is made when pro-gramme is being set up between the arbitrary and automatic parts. The arbitrary part is localized at the beginning of the process of resolution and consists of the choice of a model and the discussion of assumptions. The automatic part comprises the rest of the process, i.e. data processing with a view to calculating the unknowns.

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E. A. G. Robinson

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© 1965 International Economic Association

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Massé, P. (1965). Discretionary or Formalized Planning. In: Robinson, E.A.G. (eds) Problems in Economic Development. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-15223-0_24

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