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Income, Wealth, and the Maximum Principle
- Binding:
- Paperback
- Pages:
- 358
- Published:
- August 31, 2007
- Dimensions:
- 146x225x22 mm.
- Weight:
- 462 g.
Delivery:
2-4 weeks
Expected delivery: December 19, 2024
Description of Income, Wealth, and the Maximum Principle
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.
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