The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Kantorovich, Leonid Vitalievich (1912–1986)

  • V. Makarov
Reference work entry


Kantorovich made valuable contributions to the theory of welfare and was the founder of the theory of optimal planning of socialist economics. As a professional mathematician, he also made a valuable contribution to a number of sections of modern mathematics. He is regarded (together with G. Dantzig) as the founder of linear programming, the mathematical discipline which has many applications in economics.


Economic dynamics Innovation Kantorovich, L. V. Linear programming Mathematics Optimal planning Optimization approach to economics Socialism 

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • V. Makarov
    • 1
  1. 1.