Handbook on Optimal Growth 1 : Discrete Time

Rose-Anne Dana

ISBN 10: 3642068863 / ISBN 13: 9783642068867

Published by Springer Berlin Heidelberg, 2010

About this Item

Druck auf Anfrage Neuware - Printed after ordering - The problem of efficient or optimal allocation of resources is a fundamental concern of economic analysis. This book provides surveys of significant results of the theory of optimal growth, as well as the techniques of dynamic optimization theory on which they are based. Armed with the results and methods of this theory, a researcher will be in an advantageous position to apply these versatile methods of analysis to new issues in the area of dynamic economics.

Seller Inventory # 9783642068867

Bibliographic Details

• Title: Handbook on Optimal Growth 1 : Discrete Time
• Publisher: Springer Berlin Heidelberg
• Publication Date: 2010
• Language: English
• ISBN 10: 3642068863
• ISBN 13: 9783642068867
• Binding: Taschenbuch
• Condition: Neu

About this title

Synopsis

This book provides surveys of significant results of the theory of optimal growth, as well as the techniques of dynamic optimization theory on which they are based. With the results and methods of this theory researchers can apply these versatile methods of analysis in the area of dynamic economics.

From the Back Cover

The problem of efficient or optimal allocation of resources is a fundamental concern of economic analysis. The theory of optimal economic growth can be viewed as an aspect of this central theme, which emphasizes in general the issues arising in the allocation of resources over an infinite time horizon, and in particular the consumption-investment decision process in models in which there is no natural "terminal date". This broad scope of "optimal growth theory" is one which has evolved over time, as economists have discovered new interpretations of its central results, as well as new applications of its basic methods.

The Handbook on Optimal Growth provides surveys of significant results of the theory of optimal growth, as well as the techniques of dynamic optimization theory on which they are based. Armed with the results and methods of this theory, a researcher will be in an advantageous position to apply these versatile methods of analysis to new issues in the area of dynamic economics.