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Optimal Control Theory Applications by Sethi Suresh (15 results)
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US$ 91.55
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Condition: New. This is a Brand-new US Edition. This Item may be shipped from US or any other country as we have multiple locations worldwide.
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Optimal Control Theory: Applications to Management Science and Economics (Springer Texts in Business and Economics)
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Optimal Control Theory : Applications to Management Science and Economics
Seller: GreatBookPricesUK, Woodford Green, United Kingdom
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Optimal Control Theory : Applications to Management Science and Economics
Seller: GreatBookPricesUK, Woodford Green, United Kingdom
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US$ 94.55
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Condition: Brand New. New. US edition. Expediting shipping for all USA and Europe orders excluding PO Box. Excellent Customer Service.
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Condition: New. 4th ed. 2021 edition NO-PA16APR2015-KAP.
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Optimal Control Theory : Applications to Management Science and Economics
Published by Springer International Publishing, 2022
ISBN 10: 3030917444 ISBN 13: 9783030917449
Language: English
US$ 172.59
Convert currencyUS$ 36.70 shipping from Germany to U.S.A.Quantity: 1 available
Add to basketBuch. Condition: Neu. Druck auf Anfrage Neuware - Printed after ordering - This new 4th edition offers an introduction to optimal control theory and its diverse applications in management science and economics. It introduces students to the concept of the maximum principle in continuous (as well as discrete) time by combining dynamic programming and Kuhn-Tucker theory. While some mathematical background is needed, the emphasis of the book is not on mathematical rigor, but on modeling realistic situations encountered in business and economics. It applies optimal control theory to the functional areas of management including finance, production and marketing, as well as the economics of growth and of natural resources. In addition, it features material on stochastic Nash and Stackelberg differential games and an adverse selection model in the principal-agent framework.Exercises are included in each chapter, while the answers to selected exercises help deepen readers' understanding of the material covered. Also included are appendices of supplementary material on the solution of differential equations, the calculus of variations and its ties to the maximum principle, and special topics including the Kalman filter, certainty equivalence, singular control, a global saddle point theorem, Sethi-Skiba points, and distributed parameter systems.Optimal control methods are used to determine optimal ways to control a dynamic system. The theoretical work in this field serves as the foundation for the book, in which the author applies it to business management problems developed from his own research and classroom instruction. The new edition has been refined and updated, making it a valuable resource for graduate courses on applied optimal control theory, but also for financial and industrial engineers, economists, and operational researchers interested in applying dynamic optimization in their fields.
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Add to baskethardcover. Condition: New. New. book.
