Market Mechanisms and Maximization, III: Dynamics and Linear Programming.

SAMUELSON, Paul A.

$500.00

Item Number: 88162

Santa Monica, California: The Rand Corporation, 1949.

Rare original research memorandum written  by Paul A. Samuelson providing a simple introduction to the dynamic problems of maximizing as investigated by von Neumann and Dantzig. Octavo, 23 pages typescript on original Project Rand Research Memorandum letterhead. Assigned to Lt. R. S. Weinberg, USAF. In near fine condition.

Created in 1948 by the Douglas Aircraft Company, the RAND (Research ANd Development) Corporation provides research and analysis to the United States Armed Forces through interdisciplinary and quantitative problem solving using applied science and operations research. Contributing economist Paul A. Samuelson was the first American to win the Nobel Memorial Prize in Economic Sciences for doing "... more than any other contemporary economist to raise the level of scientific analysis in economic theory".