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Income, wealth, and the maximum principle Book

Income, wealth, and the maximum principle
Income, wealth, and the maximum principle, , Income, wealth, and the maximum principle has a rating of 3 stars
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Income, wealth, and the maximum principle, , Income, wealth, and the maximum principle
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  • Income, wealth, and the maximum principle
  • Written by author Martin Weitzman
  • Published by Cambridge, Mass. : Harvard University Press, 2003., 2003/08/01
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This compact exposition of optimal control theory and applications is designed for graduate and advanced undergraduate students in economics. It presents an elementary yet rigorous proof of the maximum principle and a way of applying the principle that should enable students to solve any one-dimensional problem routinely. Its unified framework illuminates many famous economic examples and models.


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