Encyclopedia > Leonid Kantorovich

Article Content

Leonid Kantorovich

Winner of the 1975 Nobel Prize in Economics, Leonid Vitaliyevich Kantorovich (1912-1986) is famous for his theory and development of techniques for the optimal allocation of resources.

Kantorovich worked for the Soviet government. He was given the task of optimizing production in a plywood industry. He came up with the mathematical technique known as linear programming. He authored several books including The Mathematical Method of Production Planning and Organization and The Best Uses of Economic Resources.

The Nobel Prize, which he shared with Tjalling Koopmans[?], was given "for their contributions to the theory of optimal allocation of resources."

See also

All Wikipedia text is available under the terms of the GNU Free Documentation License

Search Encyclopedia

Search over one million articles, find something about almost anything!