Optimization in economic theory
- 2
- New York Oxford University Press 2009
- vi,188 p. 21 cm; Pbk
Introduction -- Lagrange's method -- Extensions and generalizations -- Shadow prices -- Maximum value functions -- Convex sets and their separation -- Concave programming -- Second-order conditions -- Uncertainty -- Time: the maximum principle -- Dynamic programming.
This book provides a broad study of optimization methods. It builds on the base of simple economic theory, elementary linear algebra and calculus, and reinforces each new mathematical idea by relating it to its economic application.