Titel: Dynamic optimization : the calculus of variations and optimal control in economics and management. (Dynamic economics : theory and applications ; vol. 4). Ex-Library.
Verlag: North-Holland, New York & Oxford
Erscheinungsjahr: 1981
Sprache: Englisch
ISBN-10: 0444004246
ISBN-13: 9780444004246
Einband: Hardcover
Zustand: Good
Zustand des Schutzumschlags: No dust jacket

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An excellent financial research tool, this classic focuses on the methods of solving continuous time problems. The two-part treatment covers closely related approaches to the calculus of variations and optimal control. In the two decades since its initial publication, the text has defined dynamic optimization for courses in economics and management science.Simply, clearly, and succinctly written chapters introduce new developments, expound upon underlying theories, and cite examples. Exercises extend the development of theories, provide working examples, and indicate further uses of the methods. Geared toward management science and economics PhD students in dynamic optimization courses as well as economics professionals, this volume requires a familiarity with microeconomics and nonlinear programming. Extensive appendices provide introductions to calculus optimization and differential equations.

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