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by Pontrjagin, Lev S., Gamkrelidze, Revaz V.
fromClassis of Soviet mathematics
0
Type: Book
"Recursive methods offer a powerful approach for characterizing and solving complicated problems in dynamic macroeconomics. Recursive Macroeconomic Theory provides both an introduction to recursive methods and advanced material, mixing tools and sample applications. Only experie…
An introduction to the mathematical theory of multistage decision processes, this text takes a functional equation approach to the discovery of optimum policies. The text examines existence and uniqueness theorems, the optimal inventory equation, bottleneck problems in multistag…