Optimal Control, Expectations and Uncertainty

Name: Optimal Control, Expectations and Uncertainty
Brand: Cambridge University Press
SKU: 9780521264440
Price: 5171.00 INR
Availability: InStock

by Sean Holly, Andrew Hughes Hallett, Andrew Hughes Hallet

Cambridge University Press

₹5,171

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From the publisher

The rational expectations revolution and other developments in economics (notably game theory) have fundamentally altered the application of optimal control theory to economic forecasting and planning. In particular, they have shown that economic systems cannot be modeled simplistically on physical systems.

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