Optimization in Economics and Finance: Some Advances in Non-Linear, Dynamic, Multi-Criteria and Stochastic Models

by Sardar M.N. Islam, Bruce D. Craven, Sardar M. N. Islam

Book Overview

Some recent developments in the mathematics of optimization, including the concepts of invexity and quasimax, have not previously been applied to models of economic growth, and to finance and investment. Their applications to these areas are shown in this book. Results are presented concerning when an optimal control model has a unique optimum, what happens when the usual convexity assumptions are weakened or absent, and stability to small disturbances...

• Format: Hardcover
• Language: English
• ISBN: 0387242791
• ISBN13: 9780387242798
• Release Date: August 2005
• Publisher: Springer
• Length: 161 Pages
• Weight: 0.94 lbs.
• Dimensions: 0.6" x 6.3" x 9.8"