Daniel Leonard, Ngo Van Long, Daniel L. Onard

Optimal Control Theory and Static Optimization in Economics

• Gebundenes Buch

Produktbeschreibung

This textbook is designed to make the difficult subject of optimal control theory accessible to economists while maintaining rigour.

Produktdetails

• Verlag: Cambridge University Press
• Seitenzahl: 368
• Erscheinungstermin: 10. März 2009
• Englisch
• Abmessung: 235mm x 157mm x 26mm
• Gewicht: 747g
• ISBN-13: 9780521331586
• ISBN-10: 0521331587
• Artikelnr.: 26248890

Inhaltsangabe

1. Static optimization
2. Ordinary differential equations
3. Introduction to dynamic optimization
4. The Maximum principle
5. Connections with the calculus of variations and dynamic programming
6. The constrained control problem
7. Endpoint constraints and transversality conditions
8. Discontinuities in the optimal controls
9. Infinity horizon problems
10. Three special topics.