Biomedical subjects
Publications and source records attributed to R E Gomory.
We discuss linear Ricardo models with a range of parameters. We show that the exact boundary of the region of equilibria of these models is obtained by solving a simple integer programming problem. We show that there is also an exact correspondence between many of the equilibria resulting from families of linear models and the multiple equilibria of economies of scale models.
We show that linear Ricardo models with varying parameters have many of the properties usually associated with models having economies of scale.
A model of international trade that resembles the classical Ricardo model but differs from it in admitting economies of scale in production is described.
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