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Dynamic Optimization: The Calculus of Variations and Optimal Control in Economics and Management
Contributor(s): Kamien, Morton I. (Author), Schwartz, Nancy L. (Author)
ISBN: 048648856X     ISBN-13: 9780486488561
Publisher: Dover Publications
OUR PRICE:   $22.46  
Product Type: Paperback - Other Formats
Published: November 2012
Qty:
Temporarily out of stock - Will ship within 2 to 5 weeks
Additional Information
BISAC Categories:
- Mathematics | Optimization
- Mathematics | Applied
Dewey: 519.6
LCCN: 2012013820
Series: Dover Books on Mathematics
Physical Information: 0.8" H x 5.9" W x 8.9" (1.05 lbs) 400 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
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.