This book serves not only as an introduction, but also as an advanced text and reference source in the field of deterministic optimal control systems governed b
A rigorous introduction to optimal control theory, with an emphasis on applications in economics. This book bridges optimal control theory and economics, discus
Optimal control methods are used to determine optimal ways to control a dynamic system. The theoretical work in this field serves as a foundation for the book,
Foundations of Dynamic Economic Analysis presents a modern and thorough exposition of the fundamental mathematical formalism used to study optimal control theor
Optimal control theory is a technique being used increasingly by academic economists to study problems involving optimal decisions in a multi-period framework.