Major Contributions to Quantitative Economics Sponsored by the Defense Community
In: Statistics, Politics, and Policy, Band 3, Heft 1
ISSN: 2151-7509
Quantitative economics has advanced dramatically in the past eighty
years and much of this took place in the three decades following World War
II. Many contributions were initiated and sponsored by the defense
community. For the resolution of major military management and planning
problems it was essential to create new quantitative economic models and
methodologies. Accomplishments served the military while providing
substantive and lasting new directions in economics. This paper is devoted
to highlighting these results by describing the research on Input-Output
economics, linear programming, game theory, decision theory, probabilistic
models, and high-speed computing.