In a recent article in Management Science, F. P. Adler [Adler, F. P. 1960. Relationships between organization size and efficiency. Management Sci. 7 (1, October) 80-84.] developed a simple model to analyze the implications of a growing research organization and the resulting increase of internal...

The order of discussion is as follows. In Section 2 the basic ideas (which are already "classical") are briefly restated and the problem is formulated. In Section 3 some proposals are made for the weights of the linear combination of individual preference functions. Section 4 illustrates the...

The procedure of "adaptive" or "exponential" forecasting is based on weighted averages of two sources of evidence; one is the latest evidence (the most recent observation), the other the value computed one period before. As such, it is an easy, quick and cheap method; very little information is...

The article describes a procedure to maximize a strictly concave quadratic function subject to linear constraints in the form of inequalities. First the unconstrained maximum is considered; when certain constraints are violated, maximization takes place subject to each of these in equational...

In a recent article L. G. Telser [Telser, L. G. 1963. Least-squares estimates of transition probabilities. Measurement in Economics: Studies in Mathematical Economics and Econometrics in Memory of Yehuda Grunfeld, Chapter 11, Stanford University Press, Stanford, California.] considered the...