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OverviewThe problem of efficient or optimal allocation of resources is a fundamental concern of economic analysis. The theory of optimal economic growth can be viewed as an aspect of this central theme, which emphasizes in general the issues arising in the allocation of resources over an infinite time horizon, and in particular the consumption-investment decision process in models in which there is no natural terminal date . This broad scope of optimal growth theory is one which has evolved over time, as economists have discovered new interpretations of its central results, as well as new applications of its basic methods. The Handbook on Optimal Growth provides surveys of significant results of the theory of optimal growth, as well as the techniques of dynamic optimization theory on which they are based. Armed with the results and methods of this theory, a researcher will be in an advantageous position to apply these versatile methods of analysis to new issues in the area of dynamic economics. Full Product DetailsAuthor: Cuong Le Van , Rose-Anne Dana , Tapan Mitra , Kazuo NishimuraPublisher: Springer-Verlag New York Inc. Imprint: Springer-Verlag New York Inc. ISBN: 9781402036347ISBN 10: 1402036345 Pages: 450 Publication Date: 01 January 2006 Audience: College/higher education , Professional and scholarly , Postgraduate, Research & Scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: Out of stock  The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
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