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Optimal Control Theory and Static Optimization in Economics

Daniel Léonard, Ngo van Long




[PDF.ya26] Optimal Control Theory and Static Optimization in Economics

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 | #1242331 in eBooks |  1992-01-31 |  1992-01-31 | File type: PDF

||5 of 5 people found the following review helpful.| One of the more useful texts|By Yang Wang|Purchased this text for a graduate dynamic optimization in economics course at Rice. It is very well written with excellent examples. Did quite a few problems, they are well designed to illuminate the topics covered. Almost no useful coverage of numerical methods, which is what I most wanted to take away from the course. The emphasis is

Optimal control theory is a technique being used increasingly by academic economists to study problems involving optimal decisions in a multi-period framework. This textbook is designed to make the difficult subject of optimal control theory easily accessible to economists while at the same time maintaining rigour. Economic intuitions are emphasized, and examples and problem sets covering a wide range of applications in economics are provided to assist in the learning pr...

You can specify the type of files you want, for your device.Optimal Control Theory and Static Optimization in Economics   |  Daniel Léonard, Ngo van Long. I have read it a couple of times and even shared with my family members. Really good. Couldnt put it down.

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