Word: kantorovich
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When the award to Sakharov was announced in October, the Soviet press dismissed the Nobel Prize as "a cold war weapon" and denounced the five-member Nobel committee for "political speculating." Still, the Kremlin last week dispatched Economist Leonid Kantorovich to collect his own Nobel Prize in Stockholm (where all but the peace awards are distributed), and sent five former Russian winners as well...
ECONOMICS: Tjalling Koopmans, 65, and Leonid Kantorovich...
Koopmans, a Dutch-born American at Yale University, and Kantorovich, of Moscow's Institute for Management of the People's Economy, were honored for developing "linear programming" or "activity analysis," techniques that are part of the computerization of the "dismal science." They enable capitalists and commissars alike to make the most efficient use of workers, machines and raw materials, and to determine how fast production should grow...
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