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Presents a critical analysis of Hayek in the light of modern computability and economic computability theory.
Persistent link: https://www.econbiz.de/10015245394
An article that reviews the work of Kantorovich in the light of von Mises claim that rational calculations were impossible without markets. It gives a tutorial introduction to the use of Kantorovich's methods, compares his approach to that of Dantzig. An assesment is given of the extent to which...
Persistent link: https://www.econbiz.de/10015245401