001478777 000__ 04866nam\a22008895i\4500 001478777 001__ 1478777 001478777 003__ DE-B1597 001478777 005__ 20231026034956.0 001478777 006__ m\\\\\o\\d\\\\\\\\ 001478777 007__ cr\un\nnnunnun 001478777 008__ 220524t20222003mau\\\\\o\\d\z\\\\\\eng\d 001478777 020__ $$a9780674045071 001478777 0247_ $$a10.4159/9780674045071$$2doi 001478777 035__ $$a(DE-B1597)574637 001478777 035__ $$a(OCoLC)1294425274 001478777 040__ $$aDE-B1597$$beng$$cDE-B1597$$erda 001478777 0410_ $$aeng 001478777 044__ $$amau$$cUS-MA 001478777 072_7 $$aBUS069030$$2bisacsh 001478777 08204 $$a330/.01/5193$$222 001478777 1001_ $$aWeitzman, Martin L., $$eauthor.$$4aut$$4http://id.loc.gov/vocabulary/relators/aut 001478777 24510 $$aIncome, Wealth, and the Maximum Principle /$$cMartin L. Weitzman. 001478777 264_1 $$aCambridge, MA : $$bHarvard University Press, $$c[2022] 001478777 264_4 $$c©2003 001478777 300__ $$a1 online resource (351 p.) 001478777 336__ $$atext$$btxt$$2rdacontent 001478777 337__ $$acomputer$$bc$$2rdamedia 001478777 338__ $$aonline resource$$bcr$$2rdacarrier 001478777 347__ $$atext file$$bPDF$$2rda 001478777 506__ $$aAccess limited to authorized users. 001478777 520__ $$aThis compact and original exposition of optimal control theory and applications is designed for graduate and advanced undergraduate students in economics. It presents a new elementary yet rigorous proof of the maximum principle and a new way of applying the principle that will enable students to solve any one-dimensional problem routinely. Its unified framework illuminates many famous economic examples and models. This work also emphasizes the connection between optimal control theory and the classical themes of capital theory. It offers a fresh approach to fundamental questions such as: What is income? How should it be measured? What is its relation to wealth? The book will be valuable to students who want to formulate and solve dynamic allocation problems. It will also be of interest to any economist who wants to understand results of the latest research on the relationship between comprehensive income accounting and wealth or welfare.Table of Contents: Preface Introduction Part I. Introduction to the Maximum Principle 1. The Calculus of Variations and the Stationary Rate of Return on Capital 2. The Prototype-Economic Control Problem 3. The Maximum Principle in One Dimension 4. Applications of the Maximum Principle in One Dimension Part II. Comprehensive Accounting and the Maximum Principle 5. Optimal Multisector Growth and Dynamic Competitive Equilibrium 6. The Pure Theory of Perfectly Complete National Income Accounting 7. The Stochastic Wealth and Income Version of the Maximum Principle References Index 001478777 538__ $$aMode of access: Internet via World Wide Web. 001478777 546__ $$aIn English. 001478777 5880_ $$aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 24. Mai 2022) 001478777 650_0 $$aEconomic development$$xMathematical models. 001478777 650_0 $$aEconomics$$xMathematical models. 001478777 650_0 $$aMathematical optimization. 001478777 650_0 $$aMaximum principles (Mathematics). 001478777 650_0 $$aNational income$$xAccounting. 001478777 650_0 $$aWealth$$xMathematical models. 001478777 650_7 $$aBUSINESS & ECONOMICS / Economics / Theory.$$2bisacsh 001478777 655_0 $$aElectronic books 001478777 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tHUP eBook-Package Backlist 2000-2013 (Canada)$$z9783110756067 001478777 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tHarvard University Press eBook Package Backlist 2000-2013$$z9783110442205 001478777 852__ $$bebk 001478777 85640 $$3De Gruyter$$uhttps://univsouthin.idm.oclc.org/login?url=https://www.degruyter.com/isbn/9780674045071$$zOnline Access 001478777 909CO $$ooai:library.usi.edu:1478777$$pGLOBAL_SET 001478777 912__ $$a978-3-11-044220-5 Harvard University Press eBook Package Backlist 2000-2013$$c2000$$d2013 001478777 912__ $$a978-3-11-075606-7 HUP eBook-Package Backlist 2000-2013 (Canada)$$b2013 001478777 912__ $$aEBA_BACKALL 001478777 912__ $$aEBA_CL_LAEC 001478777 912__ $$aEBA_EBACKALL 001478777 912__ $$aEBA_EBKALL 001478777 912__ $$aEBA_ECL_LAEC 001478777 912__ $$aEBA_EEBKALL 001478777 912__ $$aEBA_ESSHALL 001478777 912__ $$aEBA_ESTMALL 001478777 912__ $$aEBA_PPALL 001478777 912__ $$aEBA_SSHALL 001478777 912__ $$aEBA_STMALL 001478777 912__ $$aGBV-deGruyter-alles 001478777 912__ $$aPDA11SSHE 001478777 912__ $$aPDA12STME 001478777 912__ $$aPDA13ENGE 001478777 912__ $$aPDA17SSHEE 001478777 912__ $$aPDA18STMEE 001478777 912__ $$aPDA5EBK 001478777 980__ $$aBIB 001478777 980__ $$aEBOOK 001478777 982__ $$aEbook 001478777 983__ $$aOnline