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Can I read Optimization in Economics and Finance: Some Advances in Non-Linear, Dynamic, Multi-Criteria and Stochastic Models (Dynamic Modeling and Econometrics in Economics and Finance Book 7) on EtoBox?

Optimization in Economics and Finance: Some Advances in Non-Linear, Dynamic, Multi-Criteria and Stochastic Models (Dynamic Modeling and Econometrics in Economics and Finance Book 7) by Bruce D. Craven, Sardar M. N. Islam, B. D. Craven is a nonfiction available to read on EtoBox.

What is Optimization in Economics and Finance: Some Advances in Non-Linear, Dynamic, Multi-Criteria and Stochastic Models (Dynamic Modeling and Econometrics in Economics and Finance Book 7) about?

Many Optimization Questions Arise In Economics And Finance; An Important Example Of This Is The Society's Choice Of The Optimum State Of The Economy (the Social Choice Problem). Optimization In Economics And Finance Extends And Improves The Usual Optimization Techniques, In A Form That May Be Adopted For Modelling Social Choice Problems. Problems Discussed Include E.g., When Is An Optimum Reached; When Is It Unique; Relaxation Of The Conventional Convex (or Concave) Assumptions On An Economic Model; Associated Mathematical Concepts Such As Invex And Quasimax; Multiobjective Optimal Control Models, And Related Computational Methods And Programs. These Techniques Are Applied To Economic Growth Models (including Small Stochastic Perturbations), Finance And Financial Investment Models (and The Interaction Between Financial And Production Variables), Modelling Sustainability Over Long Time Horizons, Boundary (transversality) Conditions, And Models With Several Conflicting Objectives. Although The Applications Are General And Illustrative, The Models In This Book Provide Examples Of Possible Models For A Society's Social Choice For An Allocation That Maximizes Welfare And Utilization Of

Who reads Optimization in Economics and Finance: Some Advances in Non-Linear, Dynamic, Multi-Criteria and Stochastic Models (Dynamic Modeling and Econometrics in Economics and Finance Book 7)?

It is typically read by self-directed learners exploring a subject in depth.

Common subject areas: history, science, philosophy, social sciences.

Author
Bruce D. Craven, Sardar M. N. Islam, B. D. Craven
Publisher
Springer US
Published
2005
Language
EN
ISBN
9781441937148
Category
nonfiction
Subjects
Finance, Mathematics, Business

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