Activity Analysis of Production and Allocation. Proceedings of a Conference. In Cooperation with Armen Alchian, George B. Dantzig, Nicholas Georgescu-Roegen, Paul A. Samuelson, Albert W. Tucker.

Published by New York: John Wiley & Sons/ London: Chapman & Hall, 1951., 1951

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Seller: Ted Kottler, Bookseller, Redondo Beach, CA, U.S.A.Ted Kottler, Bookseller

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First printing of the First Edition. xiv, 404 pp; figs. Original cloth. Very Good+, without dust jacket. Contributors include Koopmans, Arrow, Dorfman, David Gale, H. W. Kuhn, Morgenstern, Herbert A. Simon, et al. Cowles Commission for Research in Economics, Monograph No. 13. 'In a path-breaking essay, 'Analysis of Production as an Efficient Combination of 'Activities', published in a book which he edited with others, Activity Analysis of Production and Allocation, Koopmans explored the economic implications of activity analysis, illustrating its use in the solution of many traditional problems in transportation economics' (Mark Blaug, Great Economists Since Keynes, p. 120). Tjalling C. Koopmans: Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 1975 (shared with Leonid Vitaliyevich Kantorovich), 'for their contributions to the theory of optimum allocation of resources.' 'Kantorovich's work of 1939 did not become known in the West until the late fifties or early sixties. Meanwhile the transportation model was redeveloped in the West without knowledge of the work on this topic by Kantorovich (1942, reprinted 1958) and Kantorovich and Gavurin (1940, 1949). The Western contributions were made by Hitchcock (1941), Koopmans (memo dated 1942, published 1970; articles of 1949 and 1951 (with Reiter), Dantzig (Ch. XXIII in Koopmans, ed., 1951). The general linear model was rediscovered and developed by George B. Dantzig and others associated with him, under the initial stimulus of the scheduling problems of the United States Air Force. The term 'linear programming' came into use for the mathematical analysis and computational procedures associated with this model. A compact early publication of this work can be found in a volume entitled 'Activity Analysis of Production and Allocation', edited by Koopmans (1951)' (Koopmans in his Nobel Lecture). 'Georgescu-Roegen made his way back to the United States, finally settling at Vanderbilt University finding the time, in the meanwhile, to contribute three seminal chapters to the celebrated Koopmans-edited 1951 Cowles monograph on linear programming and general equilibrium theory. There, we find several contributions including the independent discovery of the Hawkins-Simon conditions, an alternative existence proof for von Neumann's system, the general laws of substitutability for Leontief systems and more. Contributions by Georgescu-Roegen: 'Some Properties of a Generalized Leontief Model'; 'The Aggregate Linear Production Function and Its Applications to von Neumann's Economic Model'; 'Relaxation Phenomena in Linear Dynamic Models'.…

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Bibliographic details

Title
Activity Analysis of Production and Allocation. Proceedings of a Conference. In Cooperation with Armen Alchian, George B. Dantzig, Nicholas Georgescu-Roegen, Paul A. Samuelson, Albert W. Tucker.
Author
KOOPMANS, Tjalling C. (ed.):
Publisher
New York: John Wiley & Sons/ London: Chapman & Hall, 1951.
Publication year
1951
Condition
Very Good
Dust jacket
No Jacket
Binding
Hardcover
Edition
1st Edition
Printing
1st Printing

Ted Kottler, Bookseller

Redondo Beach, CA, U.S.A.

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AbeBooks seller since January 5, 2002

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