DMCA. Copyrighted Work that you can Claim.
Base have 45 000 books.
Search: 


📙 Optimal Control Theory with Applications in Economics by Thomas A. Weber, A.V. Kryazhimskiy — download pdf


This book bridges optimal control theory and economics, discussing ordinary differential equations, optimal control, game theory, and mechanism design in one volume. Technically rigorous and largely self-contained, it provides an introduction to the use of optimal control theory for deterministic continuous-time systems in economics. The theory of ordinary differential equations (ODEs) is the backbone of the theory developed in the book, and chapter 2 offers a detailed review of basic concepts in the theory of ODEs, including the solution of systems of linear ODEs, state-space analysis, potential functions, and stability analysis. Following this, the book covers the main results of optimal control theory, in particular necessary and sufficient optimality conditions; game theory, with an emphasis on differential games; and the application of control-theoretic concepts to the design of economic mechanisms. Appendixes provide a mathematical review and full solutions to all end-of-chapter problems. The material is presented at three levels: single-person decision making; games, in which a group of decision makers interact strategically; and mechanism design, which is concerned with a designer's creation of an environment in which players interact to maximize the designer's objective. The book focuses on applications; the problems are an integral part of the text. It is intended for use as a textbook or reference for graduate students, teachers, and researchers interested in applications of control theory beyond its classical use in economic growth. The book will also appeal to readers interested in a modeling approach to certain practical problems involving dynamic continuous-time models.



About book:

About file:

  • File size: 4 968 868
  • Format: pdf


Security code:
Download button

Similar books results


A primer on the calculus of variations and optimal control theory
A primer on the calculus of variations and optimal control theory epub download by Mike Mesterton-Gibbons

The calculus of variations is used to find functions that optimize quantities expressed in terms of integrals. Optimal control theory seeks to find functions that minimize cost integrals for systems described by differential equations. This book is an int...

Mathematical Programming and Control Theory
Mathematical Programming and Control Theory free epub by B. D. Craven (auth.)

In a mathematical programming problem, an optimum (maxi­ mum or minimum) of a function is sought, subject to con­ straints on the values of the variables. In the quarter century since G. B. Dantzig introduced the simplex method for linear programming, man...

Optimal Control
Optimal Control free pdf by V. M. Alekseev, V. M. Tikhomirov, S. V. Fomin (auth.)

There is an ever-growing interest in control problems today, con­ nected with the urgent problems of the effective use of natural resources, manpower, materials, and technology. When referring to the most important achievements of science and technology i...

Infinite-Horizon Optimal Control in the Discrete-Time Framework
Infinite-Horizon Optimal Control in the Discrete-Time Framework free pdf by Joël Blot, Naïla Hayek (auth.)

​​​​In this book the authors take a rigorous look at the infinite-horizon discrete-time optimal control theory from the viewpoint of Pontryagin’s principles. Several Pontryagin principles are described which govern systems and various criteria which defin...

Infinite-horizon optimal control in the discrete-time framework
Infinite-horizon optimal control in the discrete-time framework epub download by Joël Blot, Naïla Hayek

​​​​In this book the authors take a rigorous look at the infinite-horizon discrete-time optimal control theory from the viewpoint of Pontryagin’s principles. Several Pontryagin principles  are described which govern systems and various criteria which defi...

Developments of Control Theory for Economic Analysis
Developments of Control Theory for Economic Analysis free download by Gregory C. Chow (auth.), Carlo Carraro, Domenico Sartore (eds.)

Giovanni Castellani Rector of the University of Venice This book contains the Proceedings of the Conference on "Economic Policy and Control Theory" which was held at the University of Venice (Italy) on 27 January-l February 1985. The goal of the Conferenc...

Optimal Resource Allocation: With Practical Statistical Applications and Theory
Optimal Resource Allocation: With Practical Statistical Applications and Theory free download by Igor A. Ushakov

A UNIQUE ENGINEERING AND STATISTICAL APPROACH TO OPTIMAL RESOURCE ALLOCATIONOptimal Resource Allocation: With Practical Statistical Applications and Theory features the application of probabilistic and statistical methods used in reliability engineering d...

Control and optimization with differential-algebraic constraints
Control and optimization with differential-algebraic constraints free download by Lorenz T. Biegler, Stephen L. Campbell, Volker Mehrmann (ed.)

Differential-algebraic equations are the most natural way to mathematically model many complex systems in science and engineering. Once the model is derived, it is important to optimize the design parameters and control it in the most robust and efficient...

Extrapolation and Optimal Decompositions: with Applications to Analysis
Extrapolation and Optimal Decompositions: with Applications to Analysis download pdf by Mario Milman (auth.)

This book develops a theory of extrapolation spaces with applications to classical and modern analysis. Extrapolation theory aims to provide a general framework to study limiting estimates in analysis. The book also considers the role that optimal decompo...

Development of Professional Expertise: Toward Measurement of Expert Performance and Design of Optimal Learning Environments
Development of Professional Expertise: Toward Measurement of Expert Performance and Design of Optimal Learning Environments epub download by K. Anders Ericsson

Development of Professional Expertise is perhaps the finest book I've ever read on how to generate great individual and group performances, and I've read more than 400 books on the topic. Indirectly it shows how ineffective traditional talent management r...

Development of the Cardiac Conduction System: Novartis Foundation Symposium 250
Development of the Cardiac Conduction System: Novartis Foundation Symposium 250 epub download by Novartis Foundation(eds.)

The pacemaking and conduction system (PCS) is vital for generating and synchronizing the heart beat.  Dysfunction of this system can be a direct cause of cardiac conduction disturbance, arrhythmias and sudden cardiac death. A wealth of information has bee...

Development of Emotions and Their Regulation: An Internalization Model
Development of Emotions and Their Regulation: An Internalization Model free download by Manfred Holodynski, Wolfgang Friedlmeier (auth.)

The first book to examine emotional development from birth to adulthood, Development of Emotions and Their Regulation fills in significant gaps in the literature by integrating major developmental theories of emotion with robust research on emotion regula...

Developmental and Acquired Dyslexia: Neuropsychological and Neurolinguistic Perspectives
Developmental and Acquired Dyslexia: Neuropsychological and Neurolinguistic Perspectives epub download by George W. Hynd (auth.), Che Kan Leong, R. Malatesha Joshi (eds.)

This volume on neuropsychological and neurolinguistic perspectives of dyslexia and alexia is based on the papers presented at the NATO Advanced Study Institute held towards the end of 1991. The book, consisting of sixteen chapters from cognitive neuropsy...

Developmental Assets and Asset-Building Communities: Implications for Research, Policy, and Practice
Developmental Assets and Asset-Building Communities: Implications for Research, Policy, and Practice download pdf by Richard M. Lerner (auth.), Richard M. Lerner, Peter L. Benson (eds.)

Developmental Assets and Asset-Building Communities examines the relationships of developmental assets to other approaches and bodies of work. It raises challenges about the asset-building approach and offers recommendations for how this approach can be s...

Developmental and Cellular Skeletal Biology

Development of FDA-Regulated Medical Products - Prescription Drugs, Biologics, and Medical Devices
Development of FDA-Regulated Medical Products - Prescription Drugs, Biologics, and Medical Devices download pdf by Whitmore, Elaine

Many changes to the classification and regulation of prescription drugs, biologics, and medical devices have occurred since the previous edition of this book was published in 1997 under the title Product Development Planning for Health Care Products Regul...

Development Paths in Africa and China
Development Paths in Africa and China free epub by Ukandi G. Damachi, Guy Routh, Abdel-Rahman E. Ali Taha (eds.)

Development with the Force.com Platform, 3rd Edition: Building Business Applications in the Cloud
Development with the Force.com Platform, 3rd Edition: Building Business Applications in the Cloud pdf free by Jason Ouellette

With Salesforce.com's Force.com platform, you can build and deploy powerful cloud-based enterprise applications faster than ever before. Now, Jason Ouellette gives you all the practical, technical guidance you need to make the most of the newest Force.com...

Development with the Force.com Platform, 2nd Edition: Building Business Applications in the Cloud
Development with the Force.com Platform, 2nd Edition: Building Business Applications in the Cloud free pdf by Jason Ouellette

Using Force.com, you can build enterprise applications with world-class value, scalability, and reliability - and do it in days or weeks, not months or years. In this book, top Force.com developer Jason Ouellette offers all the technical guidance and samp...