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Optimal Control Theory with Economic Applications, Volume 24 (Hardcover) Loot Price: R1,455
Discovery Miles 14 550
You Save: R622 (30%)
Optimal Control Theory with Economic Applications, Volume 24 (Hardcover): A. Seierstad, K. Sydsaeter

Optimal Control Theory with Economic Applications, Volume 24 (Hardcover)

A. Seierstad, K. Sydsaeter

Series: Advanced Textbooks in Economics

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Was R2,077 Loot Price R1,455 Discovery Miles 14 550 | Repayment Terms: R136 pm x 12* You Save R622 (30%)

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This book serves not only as an introduction, but also as an advanced text and reference source in the field of deterministic optimal control systems governed by ordinary differential equations. It also includes an introduction to the classical calculus of variations.
An important feature of the book is the inclusion of a large number of examples, in which the theory is applied to a wide variety of economics problems. The presentation of simple models helps illuminate pertinent qualitative and analytic points, useful when confronted with a more complex reality. These models cover: economic growth in both open and closed economies, exploitation of (non-) renewable resources, pollution control, behaviour of firms, and differential games. A great emphasis on precision pervades the book, setting it apart from the bulk of literature in this area. The rigorous techniques presented should help the reader avoid errors which often recur in the application of control theory within economics.

General

Imprint: North-Holland
Country of origin: United States
Series: Advanced Textbooks in Economics
Release date: February 1987
First published: 1987
Authors: A. Seierstad • K. Sydsaeter
Dimensions: 234 x 156 x 24mm (L x W x T)
Format: Hardcover
Pages: 472
ISBN-13: 978-0-444-87923-3
Categories: Books > Computing & IT > General theory of computing > Systems analysis & design
Books > Business & Economics > Economics > Econometrics > General
Books > Academic & Education > Professional & Technical > Econometrics
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LSN: 0-444-87923-4
Barcode: 9780444879233

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