In dynamic investment planning the time of investment is a
significant issue. By simplifying the mathematical notation, the
author of this book seeks to make control theory a practical tool
that can be applied to the problem of timing. The book, first
published in 1977, begins with an introduction to one important
approach to control theory - dynamic programming. Then some of the
relevant literature that deals with investment decision-making is
reviewed. This is followed by a mathematically formulated planning
model. The computational aspects of the model are discussed and a
complete computer flow chart is given. The second part of the book
gives a thorough application of the theory by means of a detailed
case study - the planning of a steel industry. The case study
illustrates how a fairly abstract dynamic analysis can be
effectively integrated with practical decision-making concerns.
This book is ideal for students of economics and business.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!