Chargement en cours…

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...

Description complète

Détails bibliographiques
Cote:Libro Electrónico
Auteur principal: Weitzman, Martin L., 1942-
Format: Électronique eBook
Langue:Inglés
Publié: Cambridge, Mass. : Harvard University Press, 2003.
Sujets:
Accès en ligne:Texto completo
Table des matières:
  • 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.