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Optimization in Economics and Finance: Some Advances in Non-Linear, Dynamic, Multi-Criteria and Stochastic Models
Hardcover
Series: Dynamic Modeling and Econometrics in Economics and Finance, Book 7
EconomicsInvesting & FinanceGeneral Mathematics
ISBN13: 9780387242798
Publisher: Springer Nature
Published: Dec 31 1899
Pages: 161
Weight: 0.94
Height: 0.56 Width: 6.34 Depth: 9.82
Language: English
Some recent developments in the mathematics of optimization, including the concepts of invexity and quasimax, have not previously been applied to models of economic growth, and to finance and investment. Their applications to these areas are shown in this book. Results are presented concerning when an optimal control model has a unique optimum, what happens when the usual convexity assumptions are weakened or absent, and stability to small disturbances of the model or its parameters. The book introduces a new computational package called SCOM, for solving optimal control problems on MATLAB.
1 different editions
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Optimization in Economics and Finance: Some Advances in Non-Linear, Dynamic, Multi-Criteria and Stochastic Models
Craven, Bruce D.
Islam, Sardar M. N.
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