|
Kantorovich
was a professor of economics at the University of Leningrad from 1944
to 1960. He became the Director of Mathematical Economic Methods at the
Siberian Division of the Soviet Academy of Science in 1960. He was appointed
as the Laboratory Chie f of the Institute of National Economic Management
in Moscow in 1971. He shared the Nobel Prize in 1975 with
Tjalling Koopman
"for their contribution to the theory of optimum allocation of resources."
"His first major breakthrough came in 1938 when he was consulting to the
Soviet Government's Laboratory of the Plywood Trust. Asked to devise a
technique for distributing raw materials to maximize inputs, Kantorovich
saw that the problem was a mathematic al one: to maximize a linear function
subject ot many contstraints. This technique he developed is now known
as linear programming."
Works by Leonid
Vitalievich Kantorovich:
The Mathematical
Method of Produciton Planning and Organization
The Best Uses of
Economic Resources
|