Income, Wealth, and the Maximum Principle / Najlacnejšie knihy
Income, Wealth, and the Maximum Principle

Code: 04635037

Income, Wealth, and the Maximum Principle

by Martin L. Weitzman

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 an ... more

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Book synopsis

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 students to solve any one-dimensional problem routinely. Its unified framework illuminates many famous economic examples and models.

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Book category Books in English Economics, finance, business & management Economics Economic theory & philosophy

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