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Experiments in Hungary with Industry-Wide and Economy-Wide Programming

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Mathematical Optimiation in Economics

Part of the book series: C.I.M.E. Summer Schools ((CIME,volume 38))

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Abstract

The aim of our lecture is to make known some experiments which were and are carried out by Hungarian economists and mathematicians in order to apply the mathematical programming methods to the preparation of economic plans aiming at more favourable proposals, than those based on traditional planning methods.

We do not mention in our lecture other mathematical planning methods, - e.g. the input-output analysis - which are also used in Hungary. We speak only about the application of mathematical programming methods. Furthermore we pass over the wide-spread, intrafirm results in operations research, which apply sometimes programming techniques as well. We deal only with more wide-ranging problems: planning a whole industry, more industries or the economy as a whole.

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References

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Bruno de Finetti (Coordinatore)

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Martos, B., Kornai, J. (2010). Experiments in Hungary with Industry-Wide and Economy-Wide Programming. In: Finetti, B.d. (eds) Mathematical Optimiation in Economics. C.I.M.E. Summer Schools, vol 38. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-11039-9_4

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