||5 of 5 people found the following review helpful.| One of the more useful texts|By Yang Wang|Purchased this text for a graduate dynamic optimization in economics course at Rice. It is very well written with excellent examples. Did quite a few problems, they are well designed to illuminate the topics covered. Almost no useful coverage of numerical methods, which is what I most wanted to take away from the course. The emphasis i
Optimal control theory is a technique being used increasingly by academic economists to study problems involving optimal decisions in a multi-period framework. This textbook is designed to make the difficult subject of optimal control theory easily accessible to economists while at the same time maintaining rigour. Economic intuitions are emphasized, and examples and problem sets covering a wide range of applications in economics are provided to assist in the learning p...
[PDF.wk16] Optimal Control Theory and Static Optimization in Economics Rating: 3.61 (563 Votes)
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You easily download any file type for your device.Optimal Control Theory and Static Optimization in Economics | Daniel Léonard, Ngo van Long. I really enjoyed this book and have already told so many people about it!
