Dynamic optimization: The calculus of variations and optimal control in economics and management (Dynamic economics)

Kamien, Morton I.; Schwartz, Nancy Lou

ISBN 10: 0444004246 / ISBN 13: 9780444004246

Verlag: North Holland, 1981

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Item in very good condition! Textbooks may not include supplemental items i.e. CDs, access codes etc. Bestandsnummer des Verkäufers 00087283864

Bibliografische Details

Titel: Dynamic optimization: The calculus of ...

Verlag: North Holland

Erscheinungsdatum: 1981

Einband: Hardcover

Zustand: Very Good

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Inhaltsangabe:

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.