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This paper demonstrates how linear programming can be used to derive optimal values of the parameters in formulas allocating state aid to public schools in New York. Although disparities in expenditures and tax rates among districts are not easily reduced by formula modifications, the model...
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Application of optimal control theory to applied resource problems has been limited by the difficulty of numerical solutions. Typically, terminal values for the length of the production period, price, or production have been assumed rather than optimized. The use of an objective functional with...
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This paper reviews the establishment and funding of the W. I. Myers Professorship of Agricultural Finance and the activities and accomplishments of early chair holders. Because considerable time has passed since the formation of the Chair, this record will undoubtedly be incomplete in unknown...
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