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Author by: Alpha C. Chiang Language: en Publisher by: Waveland Press Format Available: PDF, ePub, Mobi Total Read: 98 Total Download: 366 File Size: 51,7 Mb Description: In this text, Dr.

Chiang introduces students to the most important methods of dynamic optimization used in economics. The classical calculus of variations, optimal control theory, and dynamic programming in its discrete form are explained in the usual Chiang fashion, with patience and thoroughness. The economic examples, selected from both classical and recent literature, serve not only to illustrate applications of the mathematical methods, but also to provide a useful glimpse of the development of thinking in several areas of economics. Author by: Art Lew Language: fa Publisher by: Springer Science & Business Media Format Available: PDF, ePub, Mobi Total Read: 10 Total Download: 840 File Size: 40,9 Mb Description: This book provides a practical introduction to computationally solving discrete optimization problems using dynamic programming. From the examples presented, readers should more easily be able to formulate dynamic programming solutions to their own problems of interest. We also provide and describe the design, implementation, and use of a software tool that has been used to numerically solve all of the problems presented earlier in the book. Author by: Karl Hinderer Language: en Publisher by: Springer Format Available: PDF, ePub, Mobi Total Read: 36 Total Download: 891 File Size: 41,5 Mb Description: This book explores discrete-time dynamic optimization and provides a detailed introduction to both deterministic and stochastic models.

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Covering problems with finite and infinite horizon, as well as Markov renewal programs, Bayesian control models and partially observable processes, the book focuses on the precise modelling of applications in a variety of areas, including operations research, computer science, mathematics, statistics, engineering, economics and finance. Dynamic Optimization is a carefully presented textbook which starts with discrete-time deterministic dynamic optimization problems, providing readers with the tools for sequential decision-making, before proceeding to the more complicated stochastic models. The authors present complete and simple proofs and illustrate the main results with numerous examples and exercises (without solutions). With relevant material covered in four appendices, this book is completely self-contained. Author by: Hassan AbouEisha Language: en Publisher by: Springer Format Available: PDF, ePub, Mobi Total Read: 40 Total Download: 662 File Size: 42,8 Mb Description: Dynamic programming is an efficient technique for solving optimization problems. It is based on breaking the initial problem down into simpler ones and solving these sub-problems, beginning with the simplest ones.

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