HC Deb 23 June 1976 vol 913 c549W
Dr. Bray

asked the Chancellor of the Exchequer if he will anouce the membership and terms of reference of the Committee on Policy Optimisation.

Mr. Robert Sheldon

The terms of reference of this committee, wich will be chaired by Professor R. J. Ball, Principal of the London Business School, areTo consider the present state of development of optimal control techniques as applied to macro-economic policy. To make recommendations concerning the feasibility and value of applying these techniques within Her Majesty's Treasury. The membership of the committee will be:

  • Mr. J. A. Bispham, Economic Intelligence Department, Bank of England.
  • Professor G. M. Jenkins, visiting Professor of Statistics, London Business School.
  • Dr. D. A. Livesey, Lecturer in Economics, Cambridge University.
  • Professor J. A. Mirrlees, Professor of Economics, Oxford University.
  • Mr. M. V. Posner, Deputy Chief Economic Adviser, H.M. Treasury.
  • Professor J. D. Sargan, Professor of Econometrics, London School of Economics.
  • Mr. G. D. N. Worswick, Director, National Institute of Economic and Social Research.