Re: [OPE] value-form theory redux

From: Ian Wright <wrighti@acm.org>
Date: Sun Mar 15 2009 - 23:40:00 EDT

Hi Paul

> In converting his paper and pencil method to be performed by an intelligent mathematician into Pascal
> code I realised just how in his system the resolving multipliers were used. One sees that they really
> were very like prices but did not require any exchange nor any 'subjective preferences' they arose directly
> from the technical constraints on production.

I thought Kantorvich's "resolving multipliers" were identically the
Langrangian multipliers or "shadow prices" that we get in modern
formulations of optimization problems found in economics textbooks. Am
I wrong about this?

-Ian.
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Received on Sun Mar 15 23:43:30 2009

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