Explicit Methods of Optimization
Published on 9. March 1984
Book
Hardback
302 pages
978-0-471-91856-1 (ISBN)
Description
The object of this book is to introduce the reader to the main results of optimization theory and its applications to microeconomics, avoiding technical difficulties as far as possible without sacrificing mathematical rigour. The author has chosen the most general mathematical framework which will not only ensure existence, uniqueness and stability of the solution of an optimization problem, but will also allow the solution to be given as an explicit analytical expression in terms of the data, enabling the reader to 'visualize' the results obtained.
More details
Series
Language
English
Place of publication
Chichester
United Kingdom
Publishing group
John Wiley and Sons Ltd
Target group
College/higher education
Professional and scholarly
Dimensions
Height: 59 mm
Width: 48 mm
Weight
570 gr
ISBN-13
978-0-471-91856-1 (9780471918561)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Person
Content
QUADRATIC PROGRAMMING: Background Notes on Linear Algebra; Minimization of the Distance from an Objective Under Equality Constraints; Orthogonal Left and Right Inverses; Introduction to the Optimal Control of Discrete Systems; Loss Function Simplification, and Constraint Relaxation Algorithms; CONVEX PROGRAMMING: General Minimization Problems; Conjugate Functions and Duality; Sub-Differential Calculus; Solving Convex Minimization Problems; QUADRATIC ECONOMIC MODELS: On the Optimal Allocation of Resources; Temporary Exchange Economies; Noncooperative Equilibria; Models of Production Based on Profit Maximization; Appendix; Exercises.