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A new linear programming algorithm — better or worse than the Simplex Method?

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A well-known parable from crime stories: Once the balance of the Bank of England was off by three pence. Trying to find the mistake, one of the greatest embezzlements in history was discovered. The attempt to correct the bad behavior of the Simplex Method for a very few artificially constructed examples may have led to a major breakthrough in combinatorial optimization.

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Lovász, L. A new linear programming algorithm — better or worse than the Simplex Method?. The Mathematical Intelligencer 2, 141–146 (1980). https://doi.org/10.1007/BF03023055

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