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ADVANCED STUDIES IN THEORETICAL AND APPLIED ECONOMETRICS

Carlo Sartore D. Carraro

Oprawa:
MIĘKKA

Wydawca:
Springer Netherlands

ISBN:
9789401080637

928,15 PLN
Wysyłamy w 28 dni

Opis produktu

Giovanni Castellani Rector of the University of Venice This book contains the Proceedings of the Conference on Economic Policy and Control Theory which was held at the University of Venice (Italy) on 27 Januaryl February 1985. The goal of the Conference was to survey the main developments of control theory in economics by emphasizing particularly new achievements in the analysis of dynamic economic models by con trol methods. The development of control theory is strictly related to the development of science and technology in the last forty years. Control theory was indeed applied mainly in engineering and only in the sixties economists started using control methods for analys ing economic problems even if some preliminary economic applica tions of calculus of variations from which control theory was then developed date back to the twenties. Applications of control theory in economics also had to solve new complicated problems like those encountered in optimal growth models or like the determination of the appropriate inter temporal social welfare function of the policy horizon and the relative final state of the system of the appropriate discount factor. Furthermore the uncertainty characterizing economic models had to be taken into account thus giving rise to the development of stochastic control theoGiovanni Castellani Rector of the University of Venice This book contains the Proceedings of the Conference on Economic Policy and Control Theory which was held at the University of Venice (Italy) on 27 Januaryl February 1985. The goal of the Conference was to survey the main developments of control theory in economics by emphasizing particularly new achievements in the analysis of dynamic economic models by con trol methods. The development of control theory is strictly related to the development of science and technology in the last forty years. Control theory was indeed applied mainly in engineering and only in the sixties economists started using control methods for analys ing economic problems even if some preliminary economic applica tions of calculus of variations from which control theory was then developed date back to the twenties. Applications of control theory in economics also had to solve new complicated problems like those encountered in optimal growth models or like the determination of the appropriate inter temporal social welfare function of the policy horizon and the relative final state of the system of the appropriate discount factor. Furthermore the uncertainty characterizing economic models had to be taken into account thus giving rise to the development of stochastic control theoI: Introduction to Control Theory: Methods and Algorithms. 1. Developments of Control Theory in Macroeconomics. 2. Linear Controllability: Results and Open Questions. 3. A System Theoretic Approach to the Theory of Economic Policy. 4. Software for Economic Optimal Control Models. II: Recent Developments of Control Theory: Objective Fu

Wymiary: 563 gr 155 mm 235 mm

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