Lq Dynamic Optimization and Differential Games
Overview
A self-contained introduction to an extensively used of economic models. "Linear Quadratic Differential Games is an assessment of the state of the art in its field and modern book on linear-quadratic game theory, one of the most commonly used tools for modelling and analysing strategic decision making problems in economics and management. Linear quadratic dynamic models have a long tradition in economics, operations research and control engineering; and the author begins by describing the one-decision maker LQ dynamic optimization problem before introducing LQ differential games. Covers cooperative and non-cooperative scenarios, and treats the standard information structures (open-loop and feedback). Includes real-life economic examples to illustrate theoretical concepts and results. Presents problem formulations and sound mathematical problem analysis. Includes exercises and solutions, enabling use for self-study or as a course text. Supported by a website featuring solutions to exercises, further examples and computer code for numerical examples. This comprehensive introduction will appeal to applied mathematicians and econometricians as well as researchers and senior undergraduate/ graduate students in economics, mathematics, engineering and management science.
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Details
- ISBN-13: 9780470015247
- ISBN-10: 0470015241
- Publisher: Wiley
- Publish Date: April 2005
- Dimensions: 9.98 x 6.78 x 1.37 inches
- Shipping Weight: 2.46 pounds
- Page Count: 512
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