Titlebook: Dynamic Models of the Firm; Determining Optimal Mark W. J. Blok,A. T. Kearney Book 1996 Springer-Verlag Berlin Heidelberg 1996 Computer.Dy

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Peter Loos,August-Wilhelm Scheerf finished goods (Section 5.5), respectively. An interesting feature of these models is that jumps in in the course of the costate variables occur in certain situations. Great emphasis is put on the economic interpretation of those jumps. Finally, in Section 5.6, the most important conclusions are summarized.

Harrowing

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Mathematical Background to Dynamic Optimization,). For a more detailed treatment of this type of problem, refer to Feichtinger & Hartl [1986]. Subsequently, discretization of time-continuous problems is explained so that numerically solving with the aid of a computer and specific programs for optimizing non-linear functions of a finite number of

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Leisureliness

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A Model with Increasing Returns to Scale, an Experience Curve and a Production Life Cycle,es, the first concerns the production function of the model which describes the relationship between the production rate and the minimum quantity of production factors required. The second refinement concerns the price function which deals with the returns per product unit as a function of the sales

STENT

https://doi.org/10.1007/978-3-642-48401-8Computer; Dynamic Models; Dynamische Modelle; Non-linear Optimization Methods; Optimal Control Theory; Op