The Econometric SocietyEdited by: Guido W. Imbens • Print ISSN: 0012-9682 • Online ISSN: 1468-0262
Econometrica: Oct, 1969, Volume 37, Issue 4
https://doi.org/0012-9682(196910)37:4<600:TEOAOE>2.0.CO;2-H
p. 600-610
T. Krishna Kumar
In this paper the general mathematical structure of most long term economic policy problems is indicated. For such a general policy problem the existence of optimal policy is established under certain conditions. In the proof of the existence theorem presented in this paper, compactness of the set of feasible policies is established using Helly's selection principle.
November 16, 2023
I am delighted to welcome a new member to the Quantitative Economics editorial board. Effective July 1, 2024, Chao Fu (University of Wisconsin-Madison) will become a Co-Editor. Chao is a distinguished scholar with broad expertise in applied economics. Her knowledge and insight will be of great value to the journal.
