Optimal Control Theory: Applications to Management Science and Economics

by Suresh P. Sethi

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This new 4th edition offers an introduction to optimal control theory and its diverse applications in management science and economics. It introduces students to the concept of the maximum principle in continuous (as well as discrete) time by combining dynamic programming and Kuhn-Tucker theory. While some mathematical background is needed, the emphasis of the book is not on mathematical rigor, but on modeling realistic situations encountered in...

Format:Hardcover

Language:English

ISBN:3030917444

ISBN13:9783030917449

Release Date:January 2022

Publisher:Springer

Length:506 Pages

Weight:2.03 lbs.

Dimensions:1.2" x 6.1" x 9.2"

Related Subjects

Business Business & Investing Economics Math Mathematics Science & Math

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Optimal Control Theory: Applications to Management Science and Economics

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