A LINEAR PROGRAMMING SOLUTION TO SOME MARKET ALLOCATION PROBLEMS

Certain market allocation problems involving linear average net revenue functions can be solved by linear programming. The technique can be applied to an objective function derived from linear marginal net revenue functions, the objective being to force each marginal net revenue as near to zero as possible given the constraint set. If a particular problem is suited to a linear programming solution, researchers may prefer to use this technique rather than more sophisticated optimization methods.


Issue Date:
1975-04
Publication Type:
Journal Article
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/22550
PURL Identifier:
http://purl.umn.edu/22550
Published in:
Australian Journal of Agricultural Economics, 19, 1
Page range:
12-22
Total Pages:
11




 Record created 2017-04-01, last modified 2019-08-26

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