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'; Bruno de Finetti and Daniel Bell's support for the base of 'utopia' in economics; the trend from the 'theory of planning …, unresolved debate of the ‘decision theory’ -- 3. The programming approach as collective decision-and-action centered analysis … (and the ‘planning theory’ movement) -- 4. The programming approach and the mainstream economic ‘general theory’ -- 5. The …
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the Theory of Optimum Distribution of Resources. Finally, some comments on the life and work of Professor Dantzig are made …
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neoclassical theory, in 1956 Robert Solow constructed a simple, clean, and smooth-functioning "design" model that served many …
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The Kelly Capital Growth Investment Strategy (KCGIS) is to maximize the expected utility of nal wealth with a logarithmic utility function. This approach dates to Bernoulli's 1738 suggestion of log as the utility function arguing that marginal utility was proportional to the reciprocal of...
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