Abstract
<p class="MsoNormal" style="margin-top: 12pt; text-align: justify;"><span lang="EN-US" style="font-family: arial, helvetica, sans-serif;">The claim that &ldquo;there is no third way&rdquo; besides the economic models of capitalism and communism has faced a challenge from a new and growing body of research into a &ldquo;third way&rdquo; economic paradigm known as democratic planning. In this paper, we explore one of these democratic planning models&ndash;Robin Hahnel and Michael Albert&rsquo;s model of a participatory economy, focusing in particular on its allocation mechanism&ndash;a non-market, non-command-planning procedure known as &ldquo;participatory planning.&rdquo; This procedure has recently been implemented in computer programs to explore its feasibility, the encouraging results of which have been published elsewhere and which we summarize here. But I present here for the first time the detailed algorithms and related pseudocode powering all of these computer programs for others to consider, examine, and build as their own programs. I also describe future directions for this avenue of research.</span></p>
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