Income, Wealth, and the Maximum Principle
eBook - PDF

Income, Wealth, and the Maximum Principle

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

Income, Wealth, and the Maximum Principle

Book details
Table of contents
Citations

About This Book

This compact and original exposition of optimal control theory and applications is designed for graduate and advanced undergraduate students in economics. It presents a new elementary yet rigorous proof of the maximum principle and a new way of applying the principle that will enable students to solve any one-dimensional problem routinely. Its unified framework illuminates many famous economic examples and models.This work also emphasizes the connection between optimal control theory and the classical themes of capital theory. It offers a fresh approach to fundamental questions such as: What is income? How should it be measured? What is its relation to wealth?The book will be valuable to students who want to formulate and solve dynamic allocation problems. It will also be of interest to any economist who wants to understand results of the latest research on the relationship between comprehensive income accounting and wealth or welfare.

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Yes, you can access Income, Wealth, and the Maximum Principle by Martin L. Weitzman in PDF and/or ePUB format, as well as other popular books in Economics & Economic Theory. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Harvard University Press
Year
2009
ISBN
9780674045071
Topic
Economics
Subtopic
Economic Theory
Index
Economics

Table of contents

  1. Contents
  2. Preface
  3. Introduction
  4. Part I: Introduction to the Maximum Principle
  5. Part II: Comprehensive Accounting and the Maximum Principle
  6. References
  7. Index