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A First Course in Optimization Theory

von Sundaram, Rangarajan K. / Rangarajan K., Sundaram   (Autor)

This book introduces students to optimization theory and its use in economics and allied disciplines. The first of its three parts examines the existence of solutions to optimization problems in Rn, and how these solutions may be identified. The second part explores how solutions to optimization problems change with changes in the underlying parameters, and the last part provides an extensive description of the fundamental principles of finite- and infinite-horizon dynamic programming. Each chapter contains a number of detailed examples explaining both the theory and its applications for first-year master's and graduate students.'Cookbook'procedures are accompanied by a discussion of when such methods are guaranteed to be successful, and, equally importantly, when they could fail. Each result in the main body of the text is also accompanied by a complete proof. A preliminary chapter and three appendices are designed to keep the book mathematically self-contained. This book, first published in 1996, introduces students to optimization theory and its use in economics and allied disciplines.

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Produktbeschreibung

A First Course in Optimization Theory introduces students to optimization theory and its use in economics and allied disciplines. The first of its three parts examines the existence of solutions to optimization problems in R(superscript n), and how these solutions may be identified. The second part explores how solutions to optimization problems change with changes in the underlying parameters, and the last part provides an extensive description of the fundamental principles of finite- and infinite-horizon dynamic programming. Each chapter contains a number of detailed examples explaining both the theory and its applications for first-year master's and graduate students. "Cookbook" procedures are accompanied by a discussion of when such methods are guaranteed to be successful, and equally importantly, when they could fail. Each result in the main body of the text is also accompanied by a complete proof. A preliminary chapter and three appendices are designed to keep the book mathematically self-contained. 

Inhaltsverzeichnis

1. Mathematical preliminaries; 2. Optimization in Rn; 3. Existence of solutions: the Weierstrass theorem; 4. Unconstrained optima; 5. Equality constraints and the theorem of Lagrange; 6. Inequality constraints and the theorem of Kuhn and Tucker; 7. Convex structures in optimization theory; 8. Quasi-convexity and optimization; 9. Parametric continuity: the maximum theorem; 10. Supermodularity and parametric monotonicity; 11. Finite-horizon dynamic programming; 12. Stationary discounted dynamic programming; Appendix A. Set theory and logic: an introduction; Appendix B. The real line; Appendix C. Structures on vector spaces; Bibliography. 

Produktdetails

Medium: Buch
Format: Kartoniert
Seiten: 376
Sprache: Englisch
Erschienen: Juni 1996
Auflage: New.
Maße: 254 x 178 mm
Gewicht: 706 g
ISBN-10: 0521497701
ISBN-13: 9780521497701

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Libri GmbH
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P_ABB: 11 Line drawings, unspecified
KNOABBVERMERK: 1996. 376 S. 11 b/w illus. 254 mm
Einband: Kartoniert
Auflage: New.
Sprache: Englisch
Beilage(n): Paperback

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