Handbook of Optimal Growth, v. 1 - The Discrete Time Horizon (Hardcover)

The problem of efficient or optimal allocation of resources is a fundamental concern of economic analysis. The theory of optimal economic growth can be viewed as an aspect of this central theme, which emphasizes in general the issues arising in the allocation of resources over an infinite time horizon, and in particular the consumption-investment decision process in models in which there is no natural "terminal date". This broad scope of "optimal growth theory" is one which has evolved over time, as economists have discovered new interpretations of its central results, as well as new applications of its basic methods. The "Handbook on Optimal Growth" provides surveys of significant results of the theory of optimal growth, as well as the techniques of dynamic optimization theory on which they are based. Armed with the results and methods of this theory, a researcher will be in an advantageous position to apply these versatile methods of analysis to new issues in the area of dynamic economics.

General

Imprint:	Springer-Verlag New York
Country of origin:	United States
Release date:	2006
First published:	2006
Editors:	Cuong Le Van • Rose-Anne Dana • Tapan Mitra • Kazuo Nishimura
Format:	Hardcover
Pages:	450
ISBN-13:	978-1-4020-3634-7
Categories:	Books > Business & Economics > Economics > General Books > Science & Mathematics > Mathematics > Optimization > Linear programming Promotions
LSN:	1-4020-3634-5
Barcode:	9781402036347

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