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Optimal Control of Nonlinear Processes: With Applications in Drugs, Corruption, and Terror

Optimal Control of Nonlinear Processes: With Applications in Drugs, Corruption, and Terror

Paperback

Business GeneralMedical ReferenceGeneral Mathematics

ISBN10: 3642096395
ISBN13: 9783642096396
Publisher: Springer
Published: Oct 19 2010
Pages: 552
Weight: 1.74
Height: 1.16 Width: 6.14 Depth: 9.21
Language: English

Dynamic optimization is rocket science - and more. This volume teaches researchers and students alike to harness the modern theory of dynamic optimization to solve practical problems. These problems not only cover those in space flight, but also in emerging social applications such as the control of drugs, corruption, and terror. These innovative domains are usefully thought about in terms of populations, incentives, and interventions, concepts which map well into the framework of optimal dynamic control. This volume is designed to be a lively introduction to the mathematics and a bridge to these hot topics in the economics of crime for current scholars. The authors celebrate Pontryagin's Maximum Principle - that crowning intellectual achievement of human understanding. Yet they go further, pushing its frontiers by exploring models that display multiple equilibria whose basins of attraction are separated by higher-dimensional DNSS tipping points. That rich theory is complemented by numerical methods available through a companion web site.

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