Income, wealth, and the maximum principle /
Annotation This compact and original exposition of optimal control theory and applications is designed for graduate and advanced undergraduate students in economics. It presents a new elementary yet rigorous proof of the maximum principle and a new way of applying the principle that will enable stud...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Cambridge, Mass. :
Harvard University Press,
2003.
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Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- pt. I. Introduction to the Maximum Principle
- 1. The Calculus of Variations and the Stationary Rate of Return on Capital
- 2. The Prototype-Economic Control Problem
- 3. The Maximum Principle in One Dimension
- 4. Applications of the Maximum Principle in One Dimension
- pt. II. Comprehensive Accounting and the Maximum Principle
- 5. Optimal Multisector Growth and Dynamic Competitive Equilibrium
- 6. The Pure Theory of Perfectly Complete National Income Accounting
- 7. The Stochastic Wealth and Income Version of the Maximum Principle.