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Quantitative economics has advanced dramatically in the past eighty years and much of this took place in the three decades following World War II. Many contributions were initiated and sponsored by the defense community. For the resolution of major military management and planning problems it was essential to create new quantitative economic models and methodologies. Accomplishments served the military while providing substantive and lasting new directions in economics. This paper is devoted to highlighting these results by describing the research on Input-Output economics, linear programming, game theory, decision theory, probabilistic models, and high-speed computing.

Major Contributions to Quantitative Economics Sponsored by the Defense Community