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Introduction

Thomas A. Weber

in Optimal Control Theory with Applications in Economics

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262015738
eISBN:
9780262298483
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262015738.003.0001
Subject:
Mathematics, Probability / Statistics

This chapter first sets out the book’s purpose, which is to introduce continuous-time systems and methods for solving dynamic optimization problems at three different levels: single-person decision ... More


Optimal Control Theory with Applications in Economics

Thomas A. Weber

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262015738
eISBN:
9780262298483
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262015738.001.0001
Subject:
Mathematics, Probability / Statistics

This book bridges optimal control theory and economics, discussing ordinary differential equations (ODEs), optimal control, game theory, and mechanism design in one volume. Technically rigorous and ... More


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