Accession Number : AD0433689


Title :   DECENTRALIZED MANAGEMENT OF INTERACTING PROCESSES: A TECHNIQUE OF NONLINEAR PROGRAMMING,


Corporate Author : CASE INST OF TECH CLEVELAND OHIO


Personal Author(s) : Lasdon,Leon ; Sengupta,S


Report Date : Jan 1944


Pagination or Media Count : 47


Abstract : The existence and structure of the scheme is considered; convergence of the price-adjustment rule used by the central agency is discussed. The result, applicable to intereacting processes, promises on a computational basis, significant advantages. Conceptually, it greatly extends the applicability of some basic economic concepts, and indicates the possibility of a merger of pricing theory and equlilbrium of allocation with modern control theory. (Author)


Descriptors :   *COMPUTER PROGRAMMING , *OPERATIONS RESEARCH , NONLINEAR SYSTEMS , OPTIMIZATION , MANAGEMENT ENGINEERING , ECONOMICS , CONTROL , SCHEDULING , MATHEMATICAL MODELS , DECISION MAKING , MATRICES(MATHEMATICS) , DIFFERENCE EQUATIONS , PARTIAL DIFFERENTIAL EQUATIONS


Distribution Statement : APPROVED FOR PUBLIC RELEASE