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Planning without Prices

  • G. M. Heal
Chapter

Abstract

Discussions of decentralized planning procedures are not new in the economic literature: they date back to Lange [6], who seems to have found inspiration in the even earlier writings of Walras [13]. However, it is during the last decade that a number of the most important contributions have been made, by Arrow, Hurwicz and Uzawa [2], Arrow and Hurwicz [1] and Malinvaud [8]. Excellent though this work is, it leaves room for extension of the subject in a number of ways

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References

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    Arrow, K. J. and Hurwicz, L. “Decentralisation and Computation in Resource Allocation” in Pfouts, R. W. (Editor) Essays in Economics and Econometrics (University of North Carolina Press, 1960).Google Scholar
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    Heal, G. M. Planning without Prices, Ph.D. Thesis, Cambridge University.Google Scholar
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    Malinvaud, E. “Decentralised Procedures for Planning” in Malinvaud, E. and Bacharach, M. O. L. (Editors) Activity Analysis in the Theory of Growth and Planning (I.E.A./Macmillan, 1967).Google Scholar
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Copyright information

© Economic Study Society 1973

Authors and Affiliations

  • G. M. Heal
    • 1
  1. 1.Christ’s CollegeCambridgeUK

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