Tjalling C. Koopmans was awarded the 1975 Nobel Prize for his work
on the theory of optimal utilization of resources. This collection
represents Koopmans' work over the past 15 years on such topics as
the representation of preference orderings, the computation of an
optimal stationary capital stock, the comparison of economic
systems, optimal growth theory, and models of energy and other
exhaustible resources. Contents: Note on a Social System Composed
of Hierarchies with Overlapping Personnel; Maximizing Stationary
Utility in a Constant Technology; On the Description and Comparison
of Economic Systems; Representation of Preference Orderings with
Independent Components of Consumption; Representation of Preference
Orderings over Time; Some Observations on 'Optimal' Economic Growth
and Exhaustible Resources; On the Definition and Computation of a
Capital Stock Invariant under Optimization; Is the Theory of
Competitive Equilibrium With It? Proof for a Case where Discounting
Advances the Doomsday; Concepts of Optimality and Their Uses;
Examples of Production Relations Based on Microdata; Economics
Among the Sciences; Alternative Futures With or Without Constraints
on the Energy Technology Mix; The Transition from Exhaustible to
Renewable or Inexhaustible Resources; Additively Decomposed
Quasiconvex Functions. Tjalling C. Koopmans was Alfred Cowles
Professor Emeritus in Economics, Yale University.
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