Optimization in Economic Theory

ISBN-13: 9780198772101 / Angielski / Miękka / 1990 / 206 str.

Avinash K. Dixit

Opis

Building on a base of simple economic theory and elementary linear algebra and calculus, this broad treatment of static and dynamic optimization methods discusses the importance of shadow prices, and reviews functions defined by solutions of optimization problems. Recently revised and expanded, the second edition will be a valuable resource for upper level undergraduate and graduate students.

Recenzje

'The new edition is completely re-ordered, and the introductory material is now beautifully argued. It now affords a relaxed beginning to concave programming.' Peter Lambert, The Economic Journal, July 1991

Spis treści

Lagrange's Method; Extensions and Generalizations; Shadow Prices; Maximum Value Functions; Convex Sets and Their Separation; Concave Programming; Second-order Conditions; Time: The Maximum Principle; Uncertainty; Dynamic Programming; Appendix - Kuhn-Tucker Theorem.