Mathematical theory for a multilateral trade clearing agency |
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Authors: | Håvard Alstadheim |
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Institution: | 1. University of Oslo, Norway
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Abstract: | In connection with the article by Professor Ragnar Frisch in this issue of Economics of Planning, we will here present a mathematical formulation of multilateral clearing. The formulation is to a large extent built upon a presentation given by Professor Frisch in Norwegian.1 But we will also utilize experiences gained from experimentation with some numerical examples.2 |
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