Tsang Shu-ki (1990) is quite right in stating that aggregation under conditions typical of centrally planned economies (CPEs) is problematic and that results obtained to date are by no means definitive. While commending his effort to "identify the key problems that remain unsolved" (p. 1), I would l
β¦ LIBER β¦
Cost and Shortage Trade-Offs in Aggregate Production Planning
β Scribed by Kalyan Singhal; Veena Adlakha
- Book ID
- 109167175
- Publisher
- Decision Sciences Institute, Georgia State University
- Year
- 1989
- Tongue
- English
- Weight
- 574 KB
- Volume
- 20
- Category
- Article
- ISSN
- 0011-7315
No coin nor oath required. For personal study only.
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This note attempts to identify the key methodological problems that remain unsolved in the controversy about the aggregation of slack and shortage in disequilibrium econometric models of centrally planned economies (CPEs). The procedure of 'smoothing by aggregation' implemented by Burkett (1988) is