Dynamic Optimization: The Calculus of Variations and Optimal Control in Economics and Management - Hardcover

Kamien, Morton I.; Schwartz, Nancy L.

 
9780444004246: Dynamic Optimization: The Calculus of Variations and Optimal Control in Economics and Management

Synopsis

An excellent financial research tool, this classic focuses on the methods of solving continuous time problems. The two-part treatment covers closely related approaches to the calculus of variations and optimal control. In the two decades since its initial publication, the text has defined dynamic optimization for courses in economics and management science.Simply, clearly, and succinctly written chapters introduce new developments, expound upon underlying theories, and cite examples. Exercises extend the development of theories, provide working examples, and indicate further uses of the methods. Geared toward management science and economics PhD students in dynamic optimization courses as well as economics professionals, this volume requires a familiarity with microeconomics and nonlinear programming. Extensive appendices provide introductions to calculus optimization and differential equations.

"synopsis" may belong to another edition of this title.

Review

....an excellent first introduction to the field of dynamic optimization.
Optima

"About this title" may belong to another edition of this title.

Other Popular Editions of the Same Title

9780444016096: Dynamic Optimization: The Calculus of Variations and Optimal Control in Economics and Management (Volume 31) (Advanced Textbooks in Economics, Volume 31)

Featured Edition

ISBN 10:  0444016090 ISBN 13:  9780444016096
Publisher: Elsevier Science, 1991
Hardcover