A First Course in Optimization Theory

Rangarajan K. Sundaram

ISBN 10: 0521497191 / ISBN 13: 9780521497190

Published by Cambridge University Press, 14, 1996

About this Item

Text in English. 357 pp. Rubbing and some scratching on the covers. Page edges are bit dirty. Some creasing at the bottom of the pages. A First Course in Optimization Theory introduces students to optimization theory and its use in economics and allied disciplines. The first of its three parts examines the existence of solutions to optimization problems in Rn, and how these solutions may be identified. The second part explores how solutions to optimization problems change with changes in the underlying parameters, and the last part provides an extensive description of the fundamental principles of finite- and infinite-horizon dynamic programming. Each chapter contains a number of detailed examples explaining both the theory and its applications for first-year master's and graduate students. "Cookbook" procedures are accompanied by a discussion of when such methods are guaranteed to be successful, and equally importantly, when they could fail. Each result in the main body of the text is also accompanied by a complete proof. preliminary chapter and three appendices are designed to keep the book mathematically self-contained. Rangarajan K. Sundaram is Associate Professor of Finance at the Stern School of Business, New York University. He has also held positions at the University of Rochester, Cornell University, and the California Institute of Technology. An associate editor of the Journal of Economic Theory, he has published his research in that journal and others, such as Econometrica, Journal of Economic Dynamics and Control, Economic Theory, and the Journal of Applied Probability. His research currently focuses on stochastic games and their application.

Seller Inventory # 4432

Bibliographic Details

• Title: A First Course in Optimization Theory
• Publisher: Cambridge University Press, 14
• Publication Date: 1996
• Language: English
• ISBN 10: 0521497191
• ISBN 13: 9780521497190
• Binding: Hardcover
• Condition: Good
• Seller catalogs:
  • Mathematics

About this title

Synopsis

This book introduces students to optimization theory and its use in economics and allied disciplines. The first of its three parts examines the existence of solutions to optimization problems in Rn, and how these solutions may be identified. The second part explores how solutions to optimization problems change with changes in the underlying parameters, and the last part provides an extensive description of the fundamental principles of finite- and infinite-horizon dynamic programming. A preliminary chapter and three appendices are designed to keep the book mathematically self-contained.

From the Back Cover

A First Course in Optimization Theory introduces students to optimization theory and its use in economics and allied disciplines. The first of its three parts examines the existence of solutions to optimization problems in R(superscript n), and how these solutions may be identified. The second part explores how solutions to optimization problems change with changes in the underlying parameters, and the last part provides an extensive description of the fundamental principles of finite- and infinite-horizon dynamic programming. Each chapter contains a number of detailed examples explaining both the theory and its applications for first-year master's and graduate students. "Cookbook" procedures are accompanied by a discussion of when such methods are guaranteed to be successful, and equally importantly, when they could fail. Each result in the main body of the text is also accompanied by a complete proof. A preliminary chapter and three appendices are designed to keep the book mathematically self-contained.