Dynamic optimization: The calculus of variations and optimal control in economics and management (Dynamic economics)
Language: English
Published by North Holland, 1981
- Hardcover
- Used
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- Title
- Dynamic optimization: The calculus of variations and optimal control in economics and management (Dynamic economics)
- Author
- Morton I. Kamien
- Publisher
- North Holland
- Publication year
- 1981
- Condition
- As New
- Binding
- hardcover
- Language
- English
- ISBN 10
- 0444004246
- ISBN 13
- 9780444004246
The second edition of Dynamic Optimization provides expert coverage on:- methods of calculus of variations - optimal control - continuous dynamic programming - stochastic optimal control -differential games. The authors also include appendices on static optimization and on differential games.
Now in its new updated and expanded edition, Dynamic Optimization is, more than ever, the optimum choice for graduate and advanced undergraduate courses in economics, mathematical methods in economics and dynamic optimization, management science, mathematics and engineering.
New features of Dynamic Optimization will show students:advances in how to do comparative dynamics; how to optimally switch from one state equation to another during the planning period; how to take into account the history of the system governing an optimization problem through the use of an integral state equation; and how to apply differential games to problems in economics and management sciences.
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