- Wilhelm Launhardt
Carl Wilhelm Friedrich Launhardt (
7 April 1832 –14 May 1918 ) was a Germanmathematician andeconomist .Launhardt was born in
Hanover , the capital of theKingdom of Hanover . He studied and taught at Hanover's technical school. Following Hanover's annexation by theKingdom of Prussia , Launhardt served in thePrussian House of Lords .Launhardt is one of the founders of both
mathematical economics andspatial economics (orregional science ). His main work, "Mathematische Begründung der Volkswirtschaftslehre", was published in 1885 (translated into English by John Creedy as "Mathematical Principles Of Economics" in 1993). As an engineer, he contributed to the field of not only engineering, but also of economics and, in particular, to those parts in economics which can be treated fruitfully with mathematics. Launhardt developed his work independently from the French engineers, but based it squarely on the work of the agricultural engineervon Thünen . He made references to the economists Sax,Walras andJevons . His main economic contribution lies in foundinglocation theory but, beyond that, he contributed to the mathematical treatment of economics,labor economics ,monetary economics and technology economics with a special emphasis on railway issues from a locational point of view.In 1885 he succeeded in calculating the optimal rate of duties in the sense of the effects of the
terms of trade .Works
*cite book
title=The Theory of the Trace
author=Wilhelm Launhardt, A. Bewley
year=1900
publisher=Lawrence Asylum Press
isbn=
url=http://books.google.com/books?hl=en&id=KkaXPI_aekoC&dq=The+Theory+of+the+Trace:+Being+a+discussion+of+the+principles+of+location,+&printsec=frontcover&source=web&ots=yRLsFxgrNh&sig=1mkzlrVH8oLYpLDzHQ2xCXOcPUY, 1872
* "Die Bestimmung des Zweckmässigsten Standortes einer Gewerblichen Anlage", "Zeitschrift des Vereines Deutscher Ingenieure", 1882
* [http://www.e-elgar.co.uk/Bookentry_Main.lasso?id=112 "Mathematische Begründung der Volkswirtschaftslehre"] , 1885.
* "Theory of Network Planning", 1888.
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