- We will send in 10–14 business days.
/images/books/4071195/9780674025769.jpg)
- Author: Martin L Weitzman
- Publisher: Harvard University Press
- ISBN-10: 0674025768
- ISBN-13: 9780674025769
- Format: 15 x 22.5 x 2.3 cm, softcover
- Language: English
- SAVE -10% with code: EXTRA
Reviews
Description
This compact and original exposition of optimal control theory and applications is designed for graduate and advanced undergraduate students in economics. It presents a new elementary yet rigorous proof of the maximum principle and a new way of applying the principle that will enable students to solve any one-dimensional problem routinely. Its unified framework illuminates many famous economic examples and models.
This work also emphasizes the connection between optimal control theory and the classical themes of capital theory. It offers a fresh approach to fundamental questions such as: What is income? How should it be measured? What is its relation to wealth? The book will be valuable to students who want to formulate and solve dynamic allocation problems. It will also be of interest to any economist who wants to understand results of the latest research on the relationship between comprehensive income accounting and wealth or welfare.EXTRA 10 % discount with code: EXTRA
The promotion ends in 20d.14:50:53
The discount code is valid when purchasing from 10 €. Discounts do not stack.
- Author: Martin L Weitzman
- Publisher: Harvard University Press
- ISBN-10: 0674025768
- ISBN-13: 9780674025769
- Format: 15 x 22.5 x 2.3 cm, softcover
- Language: English English
This compact and original exposition of optimal control theory and applications is designed for graduate and advanced undergraduate students in economics. It presents a new elementary yet rigorous proof of the maximum principle and a new way of applying the principle that will enable students to solve any one-dimensional problem routinely. Its unified framework illuminates many famous economic examples and models.
This work also emphasizes the connection between optimal control theory and the classical themes of capital theory. It offers a fresh approach to fundamental questions such as: What is income? How should it be measured? What is its relation to wealth? The book will be valuable to students who want to formulate and solve dynamic allocation problems. It will also be of interest to any economist who wants to understand results of the latest research on the relationship between comprehensive income accounting and wealth or welfare.
Reviews