Novozhilov, Viktor Valentinovich (1892–1970)
Novozhilov was born in Khar’kov, and died in Leningrad. He was instrumental, along with the mathematician Leonid Vital’evich Kantorovich, in reviving a mathematical approach to economic theory in the USSR after Stalin’s death, and in laying a basis for a modern theory of value and allocation.
KeywordsCapital intensity Depreciation Inversely related expenditures Kantorovich, L. V. Labour theory of value Nemchinov, V. S. Novozhilov, V. V. Opportunity cost Resource allocation Value theory
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