Optimal Control Theory with Economic ApplicationsBy
- A. Seierstad
- K. Syds ter
Hardbound, 462 Pages
Published: February 1987
... will be useful for graduate students and researchers wanting a thorough guide to solving a few dimensional optimal control problems in economic theory.
Frederick van der Ploeg, Economic Journal
...can be recommended to any advanced economist. It will be valuable for everyone who is concerned with dynamical systems in economic theory. Moreover for a textbook it makes an essential contribution to the theory of optimal controls.
Journal of Economics, 1989
... a valuable addition to the literature on optimal control of economic processes.
St. Jørgensen, Zentralblatt für Mathematik
I highly recommend the book which is in my opinion the best text on economic applications of optimal control theory being on market. Moreover, there is no doubt that it is also of interest to non-economists.
G. Feichtinger, Zeitschrift für Operations Research - Series A: Theory