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) : Peterson,Elmor L.

Report Date : DEC 1968

Pagination or Media Count : 48

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 :   (*ECONOMICS, *LINEAR PROGRAMMING), MANAGEMENT PLANNING AND CONTROL, STOCHASTIC PROCESSES, PERTURBATION THEORY, CONVEX SETS, THEOREMS

Subject Categories : Economics and Cost Analysis
      Statistics and Probability

Distribution Statement : APPROVED FOR PUBLIC RELEASE