Income, Wealth, and the Maximum Principle

Author : Martin L. Weitzman

Paperback

Published : Saturday 1 September 2007

ISBN : 9780674025769

Price : €39.72

Description

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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