Turnpike Properties in the Calculus of Variations and Optimal Control

Name: Turnpike Properties in the Calculus of Variations and Optimal Control
Brand: Springer
SKU: 9780387281551
Price: 5222.00 INR
Availability: InStock

by Alexander J. Zaslavski

Springer

₹5,222

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From the publisher

This monograph is devoted to recent progress in the turnpike t- ory. Turnpike properties are well known in mathematical economics. The term was ?rst coined by Samuelson who showed that an e?cient expanding economy would for most of the time be in the vicinity of a balanced equilibrium path (also called a von Neumann path) [78, 79].

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