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Besides providing the theoretical foundations, the book contains applications in various fields
Applications cover very timely topics like drug policy, corruption, and counter-terror
Includes supplementary material: sn.pub/extras
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Table of contents (10 chapters)
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Front Matter
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Background
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Back Matter
About this book
Dynamic optimization is rocket science – and more. This volume teaches how to harness the modern theory of dynamic optimization to solve practical problems, not only from space flight but also in emerging social applications such as the control of drugs, corruption, and terror. These innovative domains are usefully thought about in terms of populations, incentives, and interventions, concepts which map well into the framework of optimal dynamic control. This volume is designed to be a lively introduction to the mathematics and a bridge to these hot topics in the economics of crime for current scholars. We celebrate Pontryagin’s Maximum Principle – that crowning intellectual achievement of human understanding – and push its frontiers by exploring models that display multiple equilibria whose basins of attraction are separated by higher-dimensional DNSS "tipping points". That rich theory is complemented by numerical methods available through a companion web site.
Reviews
From the reviews:
"This textbook on optimal control of nonlinear processes introduces several innovations compared to standard textbooks on this topic. … The software used is available through a companion website. The book can be highly recommended to students, teachers, and researchers interested in optimal control." (Walter Alt, Zentralblatt MATH, Vol. 1149, 2008)
Authors and Affiliations
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Gottfried Wilhelm Leibniz, Institute for Mathematical Methods in Economics, Vienna, Austria
Dieter Grass, Gustav Feichtinger, Gernot Tragler
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RAND Research Center, Pittsburgh, USA
Jonathan P. Caulkins
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Department of Economics, University of Klagenfurt, Klagenfurt, Austria
Doris A. Behrens
Bibliographic Information
Book Title: Optimal Control of Nonlinear Processes
Book Subtitle: With Applications in Drugs, Corruption, and Terror
Authors: Dieter Grass, Jonathan P. Caulkins, Gustav Feichtinger, Gernot Tragler, Doris A. Behrens
DOI: https://doi.org/10.1007/978-3-540-77647-5
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer-Verlag Berlin Heidelberg 2008
Hardcover ISBN: 978-3-540-77646-8Published: 07 August 2008
Softcover ISBN: 978-3-642-09639-6Published: 19 October 2010
eBook ISBN: 978-3-540-77647-5Published: 24 July 2008
Edition Number: 1
Number of Pages: XX, 552
Number of Illustrations: 91 b/w illustrations
Topics: Economic Theory/Quantitative Economics/Mathematical Methods, Operations Research/Decision Theory, Epidemiology