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Control Systems and Mathematical Methods in Economics - Essays in Honor of Vladimir M. Veliov (Paperback, 1st ed. 2018)
Loot Price: R3,517
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Control Systems and Mathematical Methods in Economics - Essays in Honor of Vladimir M. Veliov (Paperback, 1st ed. 2018)
Series: Lecture Notes in Economics and Mathematical Systems, 687
Expected to ship within 10 - 15 working days
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Since the days of Lev Pontryagin and his associates, the discipline
of Optimal Control has enjoyed a tremendous upswing - not only in
terms of its mathematical foundations, but also with regard to
numerous fields of application, which have given rise to highly
active research areas. Few scholars, however, have been able to
make contributions to both the mathematical developments and the
(socio-)economic applications; Vladimir Veliov is one of them. In
the course of his scientific career, he has contributed highly
influential research on mathematical aspects of Optimal Control
Theory, as well as applications in Economics and Operations
Research. One of the hallmarks of his research is its impressive
breadth. This volume, published on the occasion of his 65th
birthday, accurately reflects that diversity. The mathematical
aspects covered include stability theory for difference inclusions,
metric regularity, generalized duality theory, the Bolza problem
from a functional analytic perspective, and fractional calculus. In
turn, the book explores various applications of control theory,
such as population dynamics, population economics, epidemiology,
optimal growth theory, resource and energy economics, environmental
management, and climate change. Further topics include optimal
liquidity, dynamics of the firm, and wealth inequality.
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