Optimal Economic Stabilization Policy: Linear Goal-Programming Models.

Abstract

A class of linear goal-programming models for optimal economic stabilization policy is presented and it is shown that it retains and extends the most interesting features of 'quadratic' or 'piecewise quadratic' models, while providing easier computation and more flexibility with respect to number of variables, additional conditions and time horizon choice. The iterative non-linear processes employed heretofore are replaced by single linear programming computations. Further extensions serve to model simultaneous time-horizon and interaction effect determinations and also evaluate the nature of the difficulties in these and related desiderata. (Author)

Document Details

Document Type
Technical Report
Publication Date
Feb 01, 1971
Accession Number
AD0726176

Entities

People

  • Abraham Charnes
  • B. Collomb

Organizations

  • University of Texas at Austin

Tags

DTIC Thesaurus Topics

  • Applied Mathematics
  • Computations
  • Computer Programming
  • Goal Programming
  • Interdisciplinary Science
  • Linear Programming
  • Mathematics
  • Operations Research
  • Resilience
  • Systems Science

Fields of Study

  • Mathematics

Readers

  • Operations Research
  • Systems Analysis and Design