Accession Number:
AD0687458
Title:
AN ECONOMIC INTERPRETATION OF DUALITY IN LINEAR PROGRAMMING.
Descriptive Note:
Technical summary rept.,
Corporate Author:
WISCONSIN UNIV MADISON MATHEMATICS RESEARCH CENTER
Personal Author(s):
Report Date:
1968-12-01
Pagination or Media Count:
48.0
Abstract:
The paper develops new duality relations in linear programming, which give new economic interpretations to the dual problem. These duality relations are part of a new closed-form solution to an economically interesting class of linear programming problems. A generalization of these results to geometric programming is announced, and potential extensions to integer programming as well as potential applications to stochastic programming are indicated. Author
Descriptors:
Subject Categories:
- Economics and Cost Analysis
- Statistics and Probability