Optimal Control Theory Applications to Management Science and Economics /

• Main Author: Sethi, Suresh P. (Author, http://id.loc.gov/vocabulary/relators/aut)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2019.
• Edition: 3rd ed. 2019.
• Subjects: Operations research.; Decision making.; System theory.; Industrial engineering.; Production engineering.; Operations Research/Decision Theory.; Systems Theory, Control.; Industrial and Production Engineering.

This fully revised 3rd edition offers an introduction to optimal control theory and its diverse applications in management and economics. It brings to students the concept of the maximum principle in continuous and discrete time by using dynamic programming and Kuhn-Tucker theory. While some mathema...