Linear Programming and Economic Analysis

TL;DR: In this article, it is shown that an appropriately defined stock of capital -including the initial endowment of resources -is being maintained intact, and that consumption can be interpreted as the interest on that patrimony.

TL;DR: In this article, the authors present a formulation of the problem of net national product, and prove the main proposition of the formulation, and present an application of the proposed solution to the problem.

TL;DR: In this paper, the authors present an overview of DEA models for productivity, efficiency, and data envelopment analysis, including non-radial models and Pareto-Koopmans measures of technical efficiency.

TL;DR: An overview of the recent results on economic model predictive control (EMPC) is presented and discussed addressing both closed-loop stability and performance for nonlinear systems as discussed by the authors, where a chemical process example is used to provide a demonstration of a few of the various approaches.