SOME ECONOMIC ASPECTS OF FISSIONABLE MATERIAL,
Abstract
The determination of an optimum program for the production, allocation, and use of fissionable material involves a number of economic suboptimizations, once important political and military decision have been made. The economic optimization involves other suboptimizations in turn, one for the AEC, another for the DOD, and conceivably for individual Services and campaigns. Linear programming provides a means of handling a number of these small optimizations and the institution of shadow prices permits a decentralized method of solution. Despite the secrecy that surrounds it, fissionable material is preeminently an economic good, and economists with the necessary clearances should be capable of an important contribution to national defense. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 25, 1953
- Accession Number
- AD0604287
Entities
People
- Stephen Enke
Organizations
- RAND Corporation