Journal of Economic Dynamics & Control PDF Download
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Author:
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 1158
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Author:
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 1158
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Author: K. L. Judd
Publisher:
ISBN:
Category :
Languages : en
Pages : 350
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Author: Michael Ralph Caputo
Publisher: Cambridge University Press
ISBN: 9780521603683
Category : Business & Economics
Languages : en
Pages : 596
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Book Description
Foundations of Dynamic Economic Analysis presents a modern and thorough exposition of the fundamental mathematical formalism used to study optimal control theory, i.e., continuous time dynamic economic processes, and to interpret dynamic economic behavior. The style of presentation, with its continual emphasis on the economic interpretation of mathematics and models, distinguishes it from several other excellent texts on the subject. This approach is aided dramatically by introducing the dynamic envelope theorem and the method of comparative dynamics early in the exposition. Accordingly, motivated and economically revealing proofs of the transversality conditions come about by use of the dynamic envelope theorem. Furthermore, such sequencing of the material naturally leads to the development of the primal-dual method of comparative dynamics and dynamic duality theory, two modern approaches used to tease out the empirical content of optimal control models. The stylistic approach ultimately draws attention to the empirical richness of optimal control theory, a feature missing in virtually all other textbooks of this type.
Author: Peter N. Ireland
Publisher:
ISBN:
Category :
Languages : en
Pages : 250
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Author: Volker Wieland
Publisher:
ISBN:
Category :
Languages : en
Pages : 394
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Author: Vadim Iosifovich Arkin
Publisher: London : Academic Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
This book is devoted to a specific problem in the general theory of automatic control -- sequential control under conditions of incomplete information. The main results concern the case in which at each moment of (continuous) time only a finite number of controls are admissible and the results of control action are represented by realizations of random variables whose distributions at a given control correspond to one of several alternative hypotheses. The analysis is conducted in a Bayesian framework.
Author: Volker Wieland
Publisher:
ISBN:
Category :
Languages : en
Pages : 392
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Author: Volker Wieland
Publisher:
ISBN:
Category :
Languages : en
Pages : 394
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Author: Herbert Dawid
Publisher: Springer Nature
ISBN: 3030529703
Category : Business & Economics
Languages : en
Pages : 244
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Book Description
This book analyses decision-making in dynamic economic environments. By applying a wide range of methodological approaches, combining both analytical and computational methods, the contributors examine various aspects of optimal firm behaviour and relevant policy areas. Topics covered include optimal control, dynamic games, economic decision-making, and applications in finance and economics, as well as policy implications in areas such as pollution regulation. This book is dedicated to Christophe Deissenberg, a well-known and distinguished scholar of economic dynamics and computational economics. It appeals to academics in the areas of optimal control, dynamic games and computational economics as well as to decision-makers working in policy domains such as environmental policy.
Author: Berç Rustem
Publisher:
ISBN:
Category :
Languages : en
Pages :
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