Bøger af Peter M. Kort

In this book we open our insights in the Theory of the Firm, obtained through the application of Optimal Control Theory, to a public of scholars and advanced students in economics and applied mathematics.

Scope of the Book This book is a contribution to the area of "dynamic models of the firm". calculus of variations and dynamic programming to design and analyse dynamic models of the firm. - extends the stochastic dynamic theory of the firm by connecting it with a dynamic version of the Capital Asset Pricing Model.