On the Notion of Admissible Programmes

Jayabrata Bhattacharjee Kornai in his pioneering attempt in 1965 (available in English in 1967) on multi-level planning techniques, raised the question of "politically admissible" planning programmes. Though he did not carry his analysis to any length, Kornai threw up some extremely suggestive pointers on the dichotomy between "feasible" plans and "admissible plans" which have been explored further in this paper.