This paper explores the economic facets of optimal control theory. The discussion includes the development of the Hamiltonian method, discrete optimal control theory applied to basic consumption analysis, a transition to continuous optimal control problems, and complete discussion of Dorfman’s work with the Ramsey Growth Model.Honors CollegeThesis (B.?
This paper examines the evolution of consumption functions over time. It starts off with the Keynesi...
Master of ArtsDepartment of EconomicsSteven P. CassouThis report shows the mathematics behind the so...
These lecture notes provide an introduction to the optimal control theory with a focus on recent ach...
Chapter 1 deals with the origin and limitations of mathematical economics and its implications for e...
Neoclassical economics dictates the decision-making process of economic agents as the mathematical p...
In modeling the dynamics of capital, the Ramsey equation coupled with the Cobb–Douglas production fu...
This paper presents, in brief, the fundamentals of optimal control theory together with some notes f...
The research is devoted to analysis of optimal control problems arising in models of economic growth...
An infinite-horizon optimal control problem based on an economic growth model is studied. The goal i...
This report presents the optimal control approach to dynamic optimization. The presentation begins w...
Control theory can be roughly classified as deterministic or stochastic. Each of these can further b...
The paper deals with analysis of optimal control problems arising in models of economic growth. The ...
In light of recent development in endogenous growth models, this dissertation advocates an infinite ...
The purpose of this lecture and the next is to help us understand the intuition behind the optimal c...
Dynamic optimization problems covers a great class of problems in management science and technology....
This paper examines the evolution of consumption functions over time. It starts off with the Keynesi...
Master of ArtsDepartment of EconomicsSteven P. CassouThis report shows the mathematics behind the so...
These lecture notes provide an introduction to the optimal control theory with a focus on recent ach...
Chapter 1 deals with the origin and limitations of mathematical economics and its implications for e...
Neoclassical economics dictates the decision-making process of economic agents as the mathematical p...
In modeling the dynamics of capital, the Ramsey equation coupled with the Cobb–Douglas production fu...
This paper presents, in brief, the fundamentals of optimal control theory together with some notes f...
The research is devoted to analysis of optimal control problems arising in models of economic growth...
An infinite-horizon optimal control problem based on an economic growth model is studied. The goal i...
This report presents the optimal control approach to dynamic optimization. The presentation begins w...
Control theory can be roughly classified as deterministic or stochastic. Each of these can further b...
The paper deals with analysis of optimal control problems arising in models of economic growth. The ...
In light of recent development in endogenous growth models, this dissertation advocates an infinite ...
The purpose of this lecture and the next is to help us understand the intuition behind the optimal c...
Dynamic optimization problems covers a great class of problems in management science and technology....
This paper examines the evolution of consumption functions over time. It starts off with the Keynesi...
Master of ArtsDepartment of EconomicsSteven P. CassouThis report shows the mathematics behind the so...
These lecture notes provide an introduction to the optimal control theory with a focus on recent ach...