Optimal Control, Expectations and Uncertainty Book + PRICE WATCH * Amazon pricing is not included in price watch

Optimal Control, Expectations and Uncertainty Book

The rational expectations revolution (notably game theory) has fundamentally altered the application of optimal control theory to economic forecasting and planning. In particular, it has shown that economic systems cannot be modelled simplistically on physical systems. However, as the authors of this volume show, this and other economic developments have greatly enhanced our understanding of how an economy functions.Read More

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  • 0521126339
  • 9780521126335
  • Sean Holly, Andrew Hughes Hallet
  • 14 January 2010
  • Cambridge University Press
  • Paperback (Book)
  • 260
  • 1
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