Dynamic Optimization and Mathematical Economics

Pan-Tai Liu

ISBN 10: 1468435744 ISBN 13: 9781468435740

Edit� par Springer, 2012

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As an outgrowth of the advancement in modern control theory during the past 20 years, dynamic modeling and analysis of economic systems has become an important subject in the study of economic theory. Recent developments in dynamic utility, economic planning, and profit optimiza- tion, for example, have been greatly influenced by results in optimal control, stabilization, estimation, optimization under conflicts, multi- criteria optimization, control of large-scale systems, etc. The great success that has been achieved so far in utilizing modern control theory in economic systems should be attributed to the effort of control theorists as well as economists. Collaboration between the two groups of researchers has proven to be most successful in many instances; nevertheless, the gap between them has existed for some time. Whereas a control theorist frequently sets up a mathematically feasible model to obtain results that permit economic interpretations, an economist is concerned more with the fidelity of the model in representing a real- world problem, and results that are obtained (through possibly less mathematical analysis) are due largely to economic insight. The papers appearing in this volume are divided into three parts. In Part I there are five papers on the application of control theory to economic planning. Part II contains five papers on exploration, exploita- tion, and pricing of extractive natural resources. Finally, in Part III, some recent advances in large-scale systems and decentralized control appear.

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Titre : Dynamic Optimization and Mathematical ...
�diteur : Springer
Date d'�dition : 2012
Reliure : Taschenbuch
Etat : Neu

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Dynamic Optimization and Mathematical Economics (eng)

Liu, Pan-Tai

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ISBN 10 : 1468435744 ISBN 13 : 9781468435740

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Dynamic Optimization and Mathematical Economics

Liu, Pan-Tai

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Etat : New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. As an outgrowth of the advancement in modern control theory during the past 20 years, dynamic modeling and analysis of economic systems has become an important subject in the study of economic theory. Recent developments in dynamic utility, economic plannin. N� de r�f. du vendeur 4203594

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Dynamic Optimization and Mathematical Economics

Pan-Tai Liu

Edit� par Springer, Springer Jun 2012, 2012

ISBN 10 : 1468435744 ISBN 13 : 9781468435740

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Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -As an outgrowth of the advancement in modern control theory during the past 20 years, dynamic modeling and analysis of economic systems has become an important subject in the study of economic theory. Recent developments in dynamic utility, economic planning, and profit optimiza tion, for example, have been greatly influenced by results in optimal control, stabilization, estimation, optimization under conflicts, multi criteria optimization, control of large-scale systems, etc. The great success that has been achieved so far in utilizing modern control theory in economic systems should be attributed to the effort of control theorists as well as economists. Collaboration between the two groups of researchers has proven to be most successful in many instances; nevertheless, the gap between them has existed for some time. Whereas a control theorist frequently sets up a mathematically feasible model to obtain results that permit economic interpretations, an economist is concerned more with the fidelity of the model in representing a real world problem, and results that are obtained (through possibly less mathematical analysis) are due largely to economic insight. The papers appearing in this volume are divided into three parts. In Part I there are five papers on the application of control theory to economic planning. Part II contains five papers on exploration, exploita tion, and pricing of extractive natural resources. Finally, in Part III, some recent advances in large-scale systems and decentralized control appear. 280 pp. Englisch. N� de r�f. du vendeur 9781468435740

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Dynamic Optimization and Mathematical Economics

Pan-Tai Liu

Edit� par Springer, Copernicus Jun 2012, 2012

ISBN 10 : 1468435744 ISBN 13 : 9781468435740

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Taschenbuch. Etat : Neu. This item is printed on demand - Print on Demand Titel. Neuware -As an outgrowth of the advancement in modern control theory during the past 20 years, dynamic modeling and analysis of economic systems has become an important subject in the study of economic theory. Recent developments in dynamic utility, economic planning, and profit optimiza tion, for example, have been greatly influenced by results in optimal control, stabilization, estimation, optimization under conflicts, multi criteria optimization, control of large-scale systems, etc. The great success that has been achieved so far in utilizing modern control theory in economic systems should be attributed to the effort of control theorists as well as economists. Collaboration between the two groups of researchers has proven to be most successful in many instances; nevertheless, the gap between them has existed for some time. Whereas a control theorist frequently sets up a mathematically feasible model to obtain results that permit economic interpretations, an economist is concerned more with the fidelity of the model in representing a real world problem, and results that are obtained (through possibly less mathematical analysis) are due largely to economic insight. The papers appearing in this volume are divided into three parts. In Part I there are five papers on the application of control theory to economic planning. Part II contains five papers on exploration, exploita tion, and pricing of extractive natural resources. Finally, in Part III, some recent advances in large-scale systems and decentralized control appear.Springer-Verlag KG, Sachsenplatz 4-6, 1201 Wien 280 pp. Englisch. N� de r�f. du vendeur 9781468435740

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Dynamic Optimization and Mathematical Economics (Mathematical Concepts and Methods in Science and Engineering)

Pan-Tai Liu

Edit� par Springer 1980-03-01, 1980

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Dynamic Optimization and Mathematical Economics

Pan-Tai Liu

Edit� par Springer US, 2012

ISBN 10 : 1468435744 ISBN 13 : 9781468435740

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Vendeur : AHA-BUCH GmbH, Einbeck, Allemagne

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Taschenbuch. Etat : Neu. Druck auf Anfrage Neuware - Printed after ordering - As an outgrowth of the advancement in modern control theory during the past 20 years, dynamic modeling and analysis of economic systems has become an important subject in the study of economic theory. Recent developments in dynamic utility, economic planning, and profit optimiza tion, for example, have been greatly influenced by results in optimal control, stabilization, estimation, optimization under conflicts, multi criteria optimization, control of large-scale systems, etc. The great success that has been achieved so far in utilizing modern control theory in economic systems should be attributed to the effort of control theorists as well as economists. Collaboration between the two groups of researchers has proven to be most successful in many instances; nevertheless, the gap between them has existed for some time. Whereas a control theorist frequently sets up a mathematically feasible model to obtain results that permit economic interpretations, an economist is concerned more with the fidelity of the model in representing a real world problem, and results that are obtained (through possibly less mathematical analysis) are due largely to economic insight. The papers appearing in this volume are divided into three parts. In Part I there are five papers on the application of control theory to economic planning. Part II contains five papers on exploration, exploita tion, and pricing of extractive natural resources. Finally, in Part III, some recent advances in large-scale systems and decentralized control appear. N� de r�f. du vendeur 9781468435740

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