Dynamic Programming in Economics is an outgrowth of a course
intended for students in the first year PhD program and for
researchers in Macroeconomics Dynamics. It can be used by students
and researchers in Mathematics as well as in Economics. The purpose
of Dynamic Programming in Economics is twofold: (a) to provide a
rigorous, but not too complicated, treatment of optimal growth
models in infinite discrete time horizon, (b) to train the reader
to the use of optimal growth models and hence to help him to go
further in his research. We are convinced that there is a place for
a book which stays somewhere between the "minimum tool kit" and
specialized monographs leading to the frontiers of research on
optimal growth.
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