9783540535638 - Optimal Firm Behaviour in the Context of Technological Progress and a Business Cycle: 352 (Lecture Notes in Economics and Mathematical Systems, 352) de Hilten, Onno... (11 resultados)

Softcover. Condición: Gut. 229 p. Good. Ex-library with usual markings. Clean pages. Sprache: Englisch Gewicht in Gramm: 430.

Springer, Berlin, 1991. XII, 229 S., 24 cm, kartonierter Einband---- gutes Exemplar / good condition / Lecture Notes in Economics and Mathematical Systems, Band 352 / Text englisch - 352 Gramm.

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Paperback. Condición: Brand New. 1991 edition. 248 pages. 9.53x6.69x0.56 inches. In Stock.

Taschenbuch. Condición: Neu. Druck auf Anfrage Neuware - Printed after ordering - This thesis is a theoretical study of the optimal dynamic policies of a, to some extent, slowly adjusting firm that faces an exogeneously given technological progress and an exogeneously given business cycle. It belongs to the area of mathematical economics. It is intended to appeal to mathematical economists in the first place, economists in the second place and mathematicians in the third place. It entails an attempt to stretch the limits of the application of deterministic dynamic optimisation to economics, in particular to firm behaviour. A well-known Dutch economist (and trained mathematician) recently stated in 1 a local university newspaper that mathematical economists give economics a bad reputation, since they formulate their problems from a mathematical point of view and they are only interested in technical, mathematical problems. At the same time, however, 'profound as economists may be, when it comes to extending or modifying the existing theory to make it applicable to a certain economic problem, an understanding of optimal control theory (which is the mathematical theory used in this thesis, ovh) based solely on heuristic arguments will often turn out to be inadequate' (SydS.

Taschenbuch. Condición: Neu. Optimal Firm Behaviour in the Context of Technological Progress and a Business Cycle | Onno Van Hilten | Taschenbuch | Lecture Notes in Economics and Mathematical Systems | xii | Englisch | 1991 | Springer | EAN 9783540535638 | Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg, juergen[dot]hartmann[at]springer[dot]com | Anbieter: preigu.

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Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This thesis is a theoretical study of the optimal dynamic policies of a, to some extent, slowly adjusting firm that faces an exogeneously given technological progress and an exogeneously given business cycle. It belongs to the area of mathematical economics. It is intended to appeal to mathematical economists in the first place, economists in the second place and mathematicians in the third place. It entails an attempt to stretch the limits of the application of deterministic dynamic optimisation to economics, in particular to firm behaviour. A well-known Dutch economist (and trained mathematician) recently stated in 1 a local university newspaper that mathematical economists give economics a bad reputation, since they formulate their problems from a mathematical point of view and they are only interested in technical, mathematical problems. At the same time, however, 'profound as economists may be, when it comes to extending or modifying the existing theory to make it applicable to a certain economic problem, an understanding of optimal control theory (which is the mathematical theory used in this thesis, ovh) based solely on heuristic arguments will often turn out to be inadequate' (SydS 248 pp. Englisch.

Condición: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. This thesis is a theoretical study of the optimal dynamic policies of a, to some extent, slowly adjusting firm that faces an exogeneously given technological progress and an exogeneously given business cycle. It belongs to the area of mathematical economics.

Taschenbuch. Condición: Neu. This item is printed on demand - Print on Demand Titel. Neuware -This book applies Optimal Control Theory to dynamic firm behaviour. In a deterministic context, the optimal investment and financing policy of a firm which is confronted with technological progress or with a fluctuating demand is studied. A new version of the Maximum Principle is derived in order to handle vintage models. Special attention is given to the shadow price interpretations and the (de-)merits of optimisation models of firm behaviour.Springer-Verlag KG, Sachsenplatz 4-6, 1201 Wien 248 pp. Englisch.