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Paul Samuelson and Financial Economics

Robert C. Merton

in Samuelsonian Economics and the Twenty-First Century

Published in print:
2006
Published Online:
January 2009
ISBN:
9780199298839
eISBN:
9780191711480
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199298839.003.0019
Subject:
Economics and Finance, History of Economic Thought

This chapter's appraisal places models of time and uncertainty in household allocation of resources at the center of the Samuelson Contribution. It assesses Samuelson's contributions to the areas of ... More


Optimal Control Theory

Emanuel Todorov

in Bayesian Brain: Probabilistic Approaches to Neural Coding

Published in print:
2006
Published Online:
August 2013
ISBN:
9780262042383
eISBN:
9780262294188
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262042383.003.0012
Subject:
Neuroscience, Disorders of the Nervous System

Optimal control theory is a mathematical discipline for studying the neural control of movement. This chapter presents a mathematical introduction to optimal control theory and discusses the ... More


Modern Growth Theory

Dipankar Dasgupta

Published in print:
2010
Published Online:
October 2012
ISBN:
9780198069966
eISBN:
9780199080458
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198069966.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

This book is about growth theory, an important subject taught as a part of economic theory. It introduces the literature on growth and inequality and examines Charles Jones’s views on growth ... 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


Strong-field phenomena and optimal control

Carsten A. Ullrich

in Time-Dependent Density-Functional Theory: Concepts and Applications

Published in print:
2011
Published Online:
December 2013
ISBN:
9780199563029
eISBN:
9780191775130
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199563029.003.0016
Subject:
Physics, Condensed Matter Physics / Materials

This chapter focuses on electronic phenomena that occur when atoms and molecules are exposed to strong and short laser pulses. Under these conditions, the external potential cannot be treated as a ... More


Mechanism Design

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/9780262015738.003.0005
Subject:
Mathematics, Probability / Statistics

This chapter reviews the basics of static mechanism design in settings where a principal faces a single agent of uncertain type. The aim of the resulting screening contract is for the principal to ... More


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