Foundations of dynamic economic analysis: optimal control theory and applications

Caputo, Michael R.

Foundations of dynamic economic analysis: optimal control theory and applications - New York Cambridge University Press 2005 - xii,579p 24 cm ; Pbk

Foundations of Dynamic Economic Analysis presents a modern and thorough exposition of the fundamental mathematical formalism used to study continuous time dynamic economic processes and to interpret dynamic economic behavior, namely, optimal control theory. The style of presentation, with its continual emphasis on the economic interpretation of mathematics and models, distinguishes it from several other excellent texts on the subject."

978-0521603684


Economics
Mathematical optimization
Economics--Mathematical models

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