Description

Book Synopsis
This textbook is designed to make the difficult subject of optimal control theory accessible to economists while maintaining rigour.

Table of Contents
1. Static optimization; 2. Ordinary differential equations; 3. Introduction to dynamic optimization; 4. The Maximum principle; 5. Connections with the calculus of variations and dynamic programming; 6. The constrained control problem; 7. Endpoint constraints and transversality conditions; 8. Discontinuities in the optimal controls; 9. Infinity horizon problems; 10. Three special topics.

Optimal Control Theory and Static Optimization in Economics

    Product form

    £118.75

    Includes FREE delivery

    RRP £125.00 – you save £6.25 (5%)

    Order before 4pm today for delivery by Sat 27 Jun 2026.

    A Hardback by Daniel Léonard, Ngo van Long

    15 in stock


      View other formats and editions of Optimal Control Theory and Static Optimization in Economics by Daniel Léonard

      Publisher: Cambridge University Press
      Publication Date: 1/31/1992 12:00:00 AM
      ISBN13: 9780521331586, 978-0521331586
      ISBN10: 0521331587
      Also in:
      Macroeconomics

      Description

      Book Synopsis
      This textbook is designed to make the difficult subject of optimal control theory accessible to economists while maintaining rigour.

      Table of Contents
      1. Static optimization; 2. Ordinary differential equations; 3. Introduction to dynamic optimization; 4. The Maximum principle; 5. Connections with the calculus of variations and dynamic programming; 6. The constrained control problem; 7. Endpoint constraints and transversality conditions; 8. Discontinuities in the optimal controls; 9. Infinity horizon problems; 10. Three special topics.

      Recently viewed products

      © 2026 Book Curl

        • American Express
        • Apple Pay
        • Diners Club
        • Discover
        • Google Pay
        • Maestro
        • Mastercard
        • PayPal
        • Shop Pay
        • Union Pay
        • Visa

        Login

        Forgot your password?

        Don't have an account yet?
        Create account