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Optimal Control Theory and Static Optimization in Economics Peter Dayan (University College London) and studentsThis textbook, written by Daniel Leonard from the University of New South Wales, focuses on optimal control theory and is designed to make this complex subject accessible to economists. It covers both basic concepts and advanced topics in optimal control and control theory in an economic context. Description Optimal control is an increasingly important method in economics for analyzing optimal decisions in multi period models. This book combines clear
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