Articoli correlati a Control Theory and Dynamic Games in Economic Policy...

Control Theory and Dynamic Games in Economic Policy Analysis - Rilegato

Petit, Maria Luisa

 
9780521385237: Control Theory and Dynamic Games in Economic Policy Analysis

Sinossi

This book deals with the stabilisation and control of centralised policy-making and its economic implications.

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Descrizione del libro

This book, originally published in 1990, deals with the stabilisation and control of an economic system in a dynamic setting. Unlike studies which consider only the case of centralised policy-making, Professor Petit examines both the situation in which policy decisions are taken by a single policy-maker and the case of group policy-making.

Contenuti

List of figures; List of tables; Preface; 1. Introduction; 2. Mathematical preliminaries: the state space; 3. Static and dynamic controllability; 4. Different approaches to dynamic policy analysis; 5. Optimal control; 6. The objective function; 7. Applications of optimal control; 8. Decentralised decisions and differential games; 9. Applications of differential games; 10. Optimal policies and expectations; Notes; References; Index.

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