Optimization in economics and finance : some advances in non-linear, dynamic, multi-criteria and stochastic models /

Extends the optimization techniques, in a form that may be adopted for modeling social choice problems. The models in this book provide possible models for a society's social choice for an allocation that maximizes welfare and utilization of resources. A computer program SCOM is presented here...

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Bibliographic Details
Main Author: Craven, B. D (Bruce Desmond)
Other Authors: Islam, Sardar M. N., 1950-
Format: Book
Language:English
Published: Dordrecht : Springer, 2005
Series:Dynamic modeling and econometrics in economics and finance ; v. 7
Subjects:
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245 1 0 |a Optimization in economics and finance :  |b some advances in non-linear, dynamic, multi-criteria and stochastic models /  |c by Bruce D. Craven and Sardar M.N. Islam 
260 |a Dordrecht :  |b Springer,  |c 2005 
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490 1 |a Dynamic modeling and econometrics in economics and finance ;  |v v. 7 
504 |a Includes bibliographical references (p. [147]-158) and index 
505 0 |a Introduction : Optimal Models for Economics and Finance; Mathematics of Optimal Control; Computing Optimal Control : The SCOM package; Computing Optimal Growth and Development Models; Modelling Financial Investment with Growth; Modelling Sustainable Development; Modelling and Computing a Stochastic Growth Model; Optimization in Welfare Economics; Transversality Conditions for Infinite Horizon; Conclusions 
520 |a Extends the optimization techniques, in a form that may be adopted for modeling social choice problems. The models in this book provide possible models for a society's social choice for an allocation that maximizes welfare and utilization of resources. A computer program SCOM is presented here for computing social choice models by optimal control 
588 |a Description based on print version record 
650 0 |a Econometric models 
650 0 |a Mathematical optimization 
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650 6 |a Optimisation mathématique 
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830 0 |a Dynamic modeling and econometrics in economics and finance ;  |v v. 7 
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