A CONTINUOUS MODEL OF TRANSPORTATION,

Abstract

Interlocal commodity flows are considered in terms of vector fields. Efficient transportation then gives rise to a problem in the calculus of variations; the flow functions solving this problem contain price distribution functions as parameters. With net production functions dependent on prices, the model describes the flow and prices in a competitive regional market economy. (Author)

Document Details

Document Type
Technical Report
Publication Date
Mar 25, 1952
Accession Number
AD0604079

Entities

People

  • Martin Beckmann

Organizations

  • RAND Corporation

Tags

DTIC Thesaurus Topics

  • Calculus
  • Calculus Of Variations
  • Commerce
  • Commodities
  • Distribution Functions
  • Economic Systems
  • Market Economy
  • Markets
  • Mathematics
  • Transportation

Readers

  • Economics
  • Statistical inference.