Lange–Lerner model

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:alsoKnownAs gptkb:Lange_model
gptkbp:assumes public ownership of means of production
gptkbp:contrastsWith central planning
gptkbp:describes how a socialist economy can achieve efficient allocation of resources
gptkbp:developedBy 1930s
gptkbp:field economics
gptkbp:focusesOn market socialism
https://www.w3.org/2000/01/rdf-schema#label Lange–Lerner model
gptkbp:influenced theory of market socialism
gptkbp:influencedBy neoclassical economics
gptkbp:namedAfter gptkb:Abba_Lerner
gptkb:Oskar_Lange
gptkbp:proposedBy use of market mechanisms in socialism
gptkbp:publishedIn gptkb:Economic_Journal
gptkbp:relatedTo Léon Walras's general equilibrium theory
gptkbp:uses trial and error pricing
gptkbp:bfsParent gptkb:Lange_Model
gptkbp:bfsLayer 7