STATIONARY-STATE SOLUTIONS IN MULTI-PERIOD LINEAR PROGRAMMING PROBLEMS

Multi-period linear programming models are classified initially. The main interest of this paper is in models of cyclical activity. The conditions under which such models lead to stable repetitive optimal solutions are defined. A simple technique is presented by which this stable solution (termed here the "stable core") can be derived without recourse to solving a full extended matrix. Firm-level applications of this model in agriculture are discussed.

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Year of publication:	1967
Authors:	Throsby, C.D.
Published in:	Australian Journal of Agricultural Economics. - Australian Agricultural and Resource Economics Society - AARES. - Vol. 11.1967, 02
Publisher:	Australian Agricultural and Resource Economics Society - AARES
Subject:	Research Methods/ Statistical Methods

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005525579