Income, Wealth, and the Maximum Principle
Published on 1. July 2009
358 pages
978-0-674-04507-1 (ISBN)
Description
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.
More details
Edition
Digital original
Language
English
Place of publication
Cambridge, MA; London
United States
Target group
Professional and scholarly
US School Grade: College Graduate Student
Edition type
Digital original
ISBN-13
978-0-674-04507-1 (9780674045071)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Martin L. Weitzman
Income, Wealth, and the Maximum Principle
Book
09/2007
Harvard University Press
€62.03
Shipment within 15-20 days
Martin L. Weitzman
Income, Wealth and the Maximum Principle
Book
07/2003
Harvard University Press
€69.46
Article exhausted; check different version
Person
Martin Weitzman is Professor of Economics, Harvard University.
Content
Introduction 1 Part I. Introduction to the Maximum Principle 1 The Calculus of Variations and the Stationary Rate of Return on Capital 13 2 The Prototype-Economic Control Problem 30 3 The Maximum Principle in One Dimension 66 4 Applications of the Maximum Principle in One Dimension 111 Part II. Comprehensive Accounting and the Maximum Principle 5 Optimal Multisector Growth and Dynamic Competitive Equilibrium 185 6 The Pure Theory of Perfectly Complete National Income Accounting 238 7 The Stochastic Wealth and Income Version of the Maximum Principle 295 References 329 Index 337
