DYNAMIC OPTIMIZATION: The Calculus of Variations and Optimal Control in Economics and Management

Kamien, Morton I & Schwartz, Nancy L.

ISBN 10: 0444004246 / ISBN 13: 9780444004246

Published by North-Holland, New York, 1983

About this Item

331 pages in excellent condition. Previous owner's name on ffep. Brown shiny boards with blue titles. Light wear on corners, head/tail of spine. VG+.

Seller Inventory # 210567

Bibliographic Details

• Title: DYNAMIC OPTIMIZATION: The Calculus of Variations and Optimal Control in Economics and Management
• Publisher: North-Holland, New York
• Publication Date: 1983
• ISBN 10: 0444004246
• ISBN 13: 9780444004246
• Binding: Hardcover
• Condition: VG+
• Book Type: Book
• Seller catalogs:
  • Economics

About this title

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.

Review

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