FISCAL POLICY, MATHEMATICAL PROGRAMMING AND TWO-PERSON ZERO-SUM GAME THEORY.

Abstract

Various techniques of mathematical programming are applied to a simple fiscal policy problem. First the problem is stated as a linear program. Then the decomposition principle is applied to a decentralized version of the fiscal policy problem. The equivalence of a linear programming formulation of the problem and the formulation as a two-person zero-sum game is shown. Finally, the rate of change of the value of the game is investigated. The linear program is cast into dynamic programming formulation in an appendix. Eventually the coefficients of the constraints are assumed to be stochastic. (Author)

Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1968
Accession Number
AD0671777

Entities

People

  • Heinz A. Schleicher

Organizations

  • Princeton University

Tags

DTIC Thesaurus Topics

  • Computer Programming
  • Dynamic Programming
  • Game Theory
  • Linear Programming
  • Mathematical Programming
  • Zero-Sum Games

Fields of Study

  • Mathematics

Readers

  • Calculus or Mathematical Analysis
  • Game Theory.