Foundations of Dynamic Economic Analysis : Optimal Control Theory and Applications

Caputo, Michael R.

ISBN 10: 0521842727 ISBN 13: 9780521842723

Editorial: Cambridge University Press, 2005

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Foundations of Dynamic Economic Analysis presents an introductory but thorough exposition of optimal control theory. It is aimed at first-year and second-year PhD students in economics, agricultural and resource economics, operations research, management science, and applied mathematics.

Acerca del autor: Michael R. Caputo is Professor of Economics in the College of Business Administration, University of Central Florida, in Orlando. He was awarded his PhD in economics from the University of Washington, where he received the Henry C. Beuchel memorial award for distinguished undergraduate teaching by the Department of Economics in 1986. Professor Caputo then taught in the Department of Agriculture and Resource Economics at the University of California, Davis from 1987 to 2003. In 1998 he was inducted into the volume 'Who's Who Among America's Teachers'. Professor Caputo's research has appeared in numerous peer-reviewed journals, including the Review of Economic Studies, the Journal of Economic Theory, International Economic Review, Review of Economics and Statistics, the Journal of Economic Dynamics and Control, the Journal of Mathematical Economics, the Journal of Optimization Theory and Applications, the Journal of Economics, and the American Journal of Agricultural Economics.

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T�tulo: Foundations of Dynamic Economic Analysis : ...
Editorial: Cambridge University Press
A�o de publicaci�n: 2005
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Foundations of Dynamic Economic Analysis: Optimal Control Theory and Applications

Caputo, Michael R.

Publicado por Cambridge University Press, 2005

ISBN 10: 0521842727 ISBN 13: 9780521842723

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Foundations of Dynamic Economic Analysis: Optimal Control Theory and Applications

Michael R. Caputo

Publicado por Cambridge Univ Pr, 2005

ISBN 10: 0521842727 ISBN 13: 9780521842723

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Foundations of Dynamic Economic Analysis: Optimal Control Theory and Applications

Michael R. Caputo

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ISBN 10: 0521842727 ISBN 13: 9780521842723

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Foundations of Dynamic Economic Analysis

Caputo, Michael R.

Publicado por Cambridge University Press, 2015

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Gebunden. Condici�n: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Foundations of Dynamic Economic Analysis presents an introductory but thorough exposition of optimal control theory. It is aimed at first-year and second-year PhD students in economics, agricultural and resource economics, operations research, management sc. N� de ref. del art�culo: 446950026

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Foundations of Dynamic Economic Analysis (Hardcover)

Michael R. Caputo

Publicado por Cambridge University Press, Cambridge, 2005

ISBN 10: 0521842727 ISBN 13: 9780521842723

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Hardcover. Condici�n: new. Hardcover. Foundations of Dynamic Economic Analysis presents a modern and thorough exposition of the fundamental mathematical formalism used to study optimal control theory, i.e., continuous time dynamic economic processes, and to interpret dynamic economic behavior. 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. This approach is aided dramatically by introducing the dynamic envelope theorem and the method of comparative dynamics early in the exposition. Accordingly, motivated and economically revealing proofs of the transversality conditions come about by use of the dynamic envelope theorem. Furthermore, such sequencing of the material naturally leads to the development of the primal-dual method of comparative dynamics and dynamic duality theory, two modern approaches used to tease out the empirical content of optimal control models. The stylistic approach ultimately draws attention to the empirical richness of optimal control theory, a feature missing in virtually all other textbooks of this type. Foundations of Dynamic Economic Analysis presents an introductory but thorough exposition of optimal control theory. It is aimed at first-year and second-year PhD students in economics, agricultural and resource economics, operations research, management science, and applied mathematics. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. N� de ref. del art�culo: 9780521842723

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Foundations of Dynamic Economic Analysis: Optimal Control Theory and Applications

Caputo, Michael R.

Publicado por Cambridge University Press, 2005

ISBN 10: 0521842727 ISBN 13: 9780521842723

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Foundations of Dynamic Economic Analysis: Optimal Control Theory and Applications

Caputo, Michael R.

Publicado por Cambridge University Press, 2005

ISBN 10: 0521842727 ISBN 13: 9780521842723

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Foundations of Dynamic Economic Analysis (Hardcover)

Michael R. Caputo

Publicado por Cambridge University Press, Cambridge, 2005

ISBN 10: 0521842727 ISBN 13: 9780521842723

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Hardcover. Condici�n: new. Hardcover. Foundations of Dynamic Economic Analysis presents a modern and thorough exposition of the fundamental mathematical formalism used to study optimal control theory, i.e., continuous time dynamic economic processes, and to interpret dynamic economic behavior. 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. This approach is aided dramatically by introducing the dynamic envelope theorem and the method of comparative dynamics early in the exposition. Accordingly, motivated and economically revealing proofs of the transversality conditions come about by use of the dynamic envelope theorem. Furthermore, such sequencing of the material naturally leads to the development of the primal-dual method of comparative dynamics and dynamic duality theory, two modern approaches used to tease out the empirical content of optimal control models. The stylistic approach ultimately draws attention to the empirical richness of optimal control theory, a feature missing in virtually all other textbooks of this type. Foundations of Dynamic Economic Analysis presents an introductory but thorough exposition of optimal control theory. It is aimed at first-year and second-year PhD students in economics, agricultural and resource economics, operations research, management science, and applied mathematics. This item is printed on demand. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. N� de ref. del art�culo: 9780521842723

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