9780898715118

Mathematical Optimization and Economic Theory

Format: Paperback

ISBN13: 9780898715118

Paperback|9780898715118


Overview

Provides a self-contained introduction to and survey of mathematical programming and control techniques and their applications to static and dynamic problems in economics, respectively. It is distinctive in showing the unity of the various approaches to solving problems of constrained optimization that all stem back directly or indirectly to the method of Lagrange multipliers. In the 30 years since its initial publication, there have been many more applications of these mathematical techniques in economics, as well as some advances in the mathematics of programming and control. Nevertheless, the basic techniques remain the same today as when the book was originally published. Thus, it continues to be useful not only to its original audience of advanced undergraduate and graduate students in economics, but also to mathematicians and other researchers who are interested in learning about the applications of the mathematics of optimization to economics.

The book is distinctive in that it covers in some depth both static programming problems and dynamic control problems of optimization and the techniques of their solution. It also clearly presents many applications of these techniques to economics, and it shows why optimization is important for economics. Many challenging problems for both students and researchers are included.

ISBN-13

9780898715118

ISBN-10

0898715113

Weight

1.50 Pounds

Dimensions

6.00 x 1.00 x 8.75 In

List Price

$90.60

Edition

2nd Edition

Format

Paperback

Pages

517 pages

Publisher

Society for Industrial and Applied Mathematics

Published On

2002-03-31



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