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  • © 2005

Optimal Control and Dynamic Games

Applications in Finance, Management Science and Economics

  • A collection of essays by well known scientists in the field, covering aspects of applications of optimal control and dynamic games to problems in Finance, Management Science, Economics, and Operations Research
  • A reference work covering a variety of contemporary questions that can be addressed with optimal control tools and demonstrating the fruitfulness of the methodology
  • Includes supplementary material: sn.pub/extras

Part of the book series: Advances in Computational Management Science (AICM, volume 7)

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Table of contents (19 chapters)

  1. Front Matter

    Pages I-XXIV
  2. Applications to Marketing

    1. Advertising Directed Towards Existing and New Customers

      • Richard F. Hartl, Peter M. Kort
      Pages 3-18
    2. Advertising and Advertising Claims Over Time

      • Charles S. Tapiero
      Pages 19-37
  3. Environmental Applications

    1. Capital Resource Substitution, Overshooting, and Sustainable Development

      • Hassan Bencheckroun, Seiichi Katayama, Ngo Van Long
      Pages 41-60
    2. Common Property Resource and Private Capital Accumulation with Random Jump

      • Masatoshi Fujisaki, Seiichi Katayama, Hiroshi Ohta
      Pages 77-84
    3. Transfer Mechanisms Inducing a Sustainable Forest Exploitation

      • Guiomar Martín-Herrán, Mabel Tidball
      Pages 85-103
    4. Characterizing Dynamic Irrigation Policies Via Green’s Theorem

      • Uri Shani, Yacov Tsur, Amos Zemel
      Pages 105-117
  4. Applications in Economics and Finance

    1. Volatility Forecasts and the Profitability of Automated Trading Strategies

      • Engelbert J. Dockner, Günter Strobl
      Pages 121-139
    2. Two-Part Tariff Pricing in a Dynamic Environment

      • Gila E. Fruchter
      Pages 141-153
    3. Optimal Firm Contributions to Open Source Software

      • Ernan Haruvy, Ashutosh Prasad, Suresh P. Sethi, Rong Zhang
      Pages 197-212
  5. Production, Maintenance and Transportation

    1. Self-Organized Control of Irregular or Perturbed Network Traffic

      • Dirk Helbing, Stefan Lämmer, Jean-Patrick Lebacque
      Pages 239-274
    2. On A State-Constrained Control Problem in Optimal Production and Maintenance

      • Helmut Maurer, Jang-Ho Robert Kim, Georg Vossen
      Pages 289-308
  6. Methodological Advances

    1. Reliability Index

      • A. Bensoussan
      Pages 311-317
    2. The Direct Method for A Class of Infinite Horizon Dynamic Games

      • Dean A. Carlson, George Leitmann
      Pages 319-334

About this book

Optimal Control and Dynamic Games has been edited to honor the outstanding contributions of Professor Suresh Sethi in the fields of Applied Optimal Control. Professor Sethi is internationally one of the foremost experts in this field. He is, among others, co-author of the popular textbook "Sethi and Thompson: Optimal Control Theory: Applications to Management Science and Economics".

The book consists of a collection of essays by some of the best known scientists in the field, covering diverse aspects of applications of optimal control and dynamic games to problems in Finance, Management Science, Economics, and Operations Research. In doing so, it provides both a state-of-the-art overview over recent developments in the field, and a reference work covering the wide variety of contemporary questions that can be addressed with optimal control tools, and demonstrates the fruitfulness of the methodology.

Editors and Affiliations

  • Université de la Méditerrannée, Les Milles, France

    Christophe Deissenberg

  • University of Vienna, Austria

    Richard F. Hartl

About the editors

Prof. Christophe Deissenberg
GREQAM, UMR CNRS 6579
Université de la Méditerranée
Château La Farge
Route des Milles
13290 Les Milles
France

Specialisted in economic dynamics, computational economics, decision-making, economic complexity, environmental economics

Prof. Richard Hartl
Chair of Production and Operations Management
BWZ, Institute of Management
University of Vienna
Bruennerstraße 72
A-1210 Vienna
Austria

Specialized in quantitative methods in production and operations management, dynamics of the firm, optimal control, operations research (OR) methods and applications

 

Bibliographic Information

Buy it now

Buying options

eBook USD 129.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 169.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access