My model of how to approximate the optimum solution—specifically, break it up into tiny pieces and keep track of price-analogues by means of a real number valued function of the industrial output being managed—looks an awful lot like a free market with really weird labels for everything. It goes up to and includes closing sub-units that detract from overall optimization (read: unprofitable firms).
My model of how to approximate the optimum solution—specifically, break it up into tiny pieces and keep track of price-analogues by means of a real number valued function of the industrial output being managed—looks an awful lot like a free market with really weird labels for everything. It goes up to and includes closing sub-units that detract from overall optimization (read: unprofitable firms).