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Advanced Studies in Theoretical and Applied Econometrics Ser.: Developments of Control Theory for Economic Analysis by D. Sartore (1987, Hardcover)

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Author Carlo Carraro, D. Sartore. Health & Beauty. Format Hardcover.

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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. Furthermore, the uncertainty characterizing economic models had to be taken into account, thus giving rise to the development of stochastic control theory in economics.

Product Identifiers

Publisher
Springer Netherlands
ISBN-10
9024733456
ISBN-13
9789024733453
eBay Product ID (ePID)
855656

Product Key Features

Author
D. Sartore
Publication Name
Developments of Control Theory for Economic Analysis
Format
Hardcover
Language
English
Publication Year
1987
Series
Advanced Studies in Theoretical and Applied Econometrics Ser.
Type
Textbook
Number of Pages
Xxiv, 340 Pages

Dimensions

Item Length
9.3in
Item Width
6.1in
Item Weight
54 Oz

Additional Product Features

Series Volume Number
7
Number of Volumes
1 Vol.
Lc Classification Number
Hd72-88
Table of Content
I: Introduction to Control Theory: Methods and Algorithms.- 1. Developments of Control Theory in Macroeconomics.- 2. Linear Controllability: Results and Open Questions.- 3. A System Theoretic Approach to the Theory of Economic Policy.- 4. Software for Economic Optimal Control Models.- II: Recent Developments of Control Theory: Objective Function Specification.- 5. Interactive Vector Optimization as a Complement to Optimal Control in Econometric Decision Models.- 6. Risk Reduction and the Robustness of Economic Policies.- 7. Optimal Economic Policies under a Crawling-Peg Exchange.- 8. Some Remarks on Forward Programming.- 9. Utility and Uncertainty in Intertemporal Choice.- 10. Gradient Methods for FIML Estimation of Econometric Models.- III: Recent Developments of Control Theory: A Game Theoretic Approach.- 11. Methods for the Simultaneous Use of Multiple Models in Optimal Policy Design.- 12. Optimal Policy Design in Interdependent Economies.- 13. Hierarchical Games for Macroeconomic Policy Analysis.- 14. A Dynamic and Stochastic Model of Price Leadership.- 15. Quality and Reputation Policies of Duopolists under Asymmetric Information.- IV: Economic and Econometric Analysis By Control Methods.- 16. A System Approach to Insurance Company Management.- 17. Capital Theoretics, Business Cycles and Feedback Policy: An Experiment in Macroeconomic Control.- 18. Exogeneity and Control.
Copyright Date
1987
Topic
Development / Economic Development, Economics / General, Econometrics
Lccn
86-008662
Dewey Decimal
330/.01/51
Intended Audience
Scholarly & Professional
Dewey Edition
19
Illustrated
Yes
Genre
Business & Economics

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Picture 1 of 1

Advanced Studies in Theoretical and Applied Econometrics Ser.: Developments of Control Theory for Economic Analysis by D. Sartore (1987, Hardcover)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

Best Selling in Textbooks

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