Economics Dictionary of ArgumentsHome
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| Planning: Planning is the process of setting goals and developing a course of action to achieve those goals. It involves identifying the resources needed, developing a timeline, and assigning tasks. See also Strategies, Thinking, Imagination._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Jan Tinbergen on Planning - Dictionary of Arguments
Rawls I 420 Planning/Time/Tinbergen/Rawls: Problem: because a plan involves a sequence of actions, the earlier and later activities influence each other. (See J. Tinbergen, "Optimum Savings and Utility Maximation over Time", Econometrica, vol. 28 1960). The plan as a whole has a superordinate leitmotif,... I 421 ...therefore there is no separate utility function for each time period. Not only must effects between periods of time be taken into account, but considerable upward and downward fluctuations are also likely to have to be avoided. >Utility. Rawls: we also need a principle that takes into account raised - or at least not lowered - expectations. >Principles/Rawls._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
EconTinb I Jan Tinbergen Production, Income, and Welfare: The Search for an Optimal Social Order London 1985 Rawl I J. Rawls A Theory of Justice: Original Edition Oxford 2005 |
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