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Titlebook: Developments of Control Theory for Economic Analysis; Carlo Carraro,Domenico Sartore Book 1987 Martinus Nijhoff Publishers, Dordrecht 1987

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书目名称Developments of Control Theory for Economic Analysis
编辑Carlo Carraro,Domenico Sartore
视频video
丛书名称Advanced Studies in Theoretical and Applied Econometrics
图书封面Titlebook: Developments of Control Theory for Economic Analysis;  Carlo Carraro,Domenico Sartore Book 1987 Martinus Nijhoff Publishers, Dordrecht 1987
描述Giovanni Castellani Rector of the University of Venice This book contains the Proceedings of the Conference on "Economic Policy and Control Theory" which was held at the University of Venice (Italy) on 27 January-l February 1985. The goal of the Conference was to survey the main developments of control theory in economics, by emphasizing particularly new achievements in the analysis of dynamic economic models by con­ trol methods. The development of control theory is strictly related to the development of science and technology in the last forty years. Control theory was indeed applied mainly in engineering, and only in the sixties economists started using control methods for analys­ ing economic problems, even if some preliminary economic applica­ tions of calculus of variations, from which control theory was then developed, date back to the twenties. Applications of control theory in economics also had to solve new, complicated, problems, like those encountered in optimal growth models, or like the determination of the appropriate inter­ temporal social welfare function, of the policy horizon and the relative final state of the system, of the appropriate discount factor. Furtherm
出版日期Book 1987
关键词business cycle; calculus; economic policy; economics; macroeconomics; optimization
版次1
doihttps://doi.org/10.1007/978-94-009-3495-5
isbn_softcover978-94-010-8063-7
isbn_ebook978-94-009-3495-5Series ISSN 1570-5811 Series E-ISSN 2214-7977
issn_series 1570-5811
copyrightMartinus Nijhoff Publishers, Dordrecht 1987
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Olaf Zawacki-Richter,Insung Junged into three periods. The first is pre-1970 when the major ideas of policy analysis and of optimization were formed. The second is the early and middle 1970s when formal stochastic control theory was rapidly developed for and applied to the study of macroeconomic policy. The third period, beginning
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