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Suresh P. Sethi

Optimal Control Theory

Applications to Management Science and Economics

Buch

This fully revised 3rd edition offers an introduction to optimal control theory and its diverse applications in management and economics. It brings to students the concept of the maximum principle in continuous and discrete time by using dynamic programming and Kuhn-Tucker theory. While some mathematical background is needed, the emphasis of the book is not on mathematical rigor, but on modeling realistic situations faced in business and management. The book exploits optimal control theory to the functional areas of management science including finance, production and marketing and to economics of growth and of natural resources. In addition,… Mehr

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Produktdetails


  • ISBN: 978-3-319-98236-6
  • EAN: 9783319982366
  • Produktnummer: 27827135
  • Verlag: Springer International Publishing
  • Sprache: Englisch
  • Erscheinungsjahr: 2018
  • Seitenangabe: 596 S.
  • Masse: H24.1 cm x B16.0 cm x D3.7 cm 1'051 g
  • Auflage: 3rd ed. 2019
  • Abbildungen: HC runder Rücken kaschiert
  • Gewicht: 1051

Über den Autor


Suresh P. Sethi is Eugene McDermott Chair Professor of Operations Management and Director of the Center for Intelligent Supply Networks (C4ISN) at The University of Texas at Dallas. He has contributed significantly in the fields of manufacturing and operations management, finance and economics, marketing, industrial engineering, operations research, and optimal control. He is well known for his developments of the Sethi advertising model and Sethi-Skiba points, and for his text book on optimal control.He has received prestigious honors and awards such as IEEE Fellow, INFORMS Fellow, SIAM Fellow, POMS Fellow, AAAS Fellow, IITB Distinguished Alum, Tepper School of Business-Alumni Achievement Award, and POMS President (2012). Two conferences have been organized in his honor: in Aix en Provence in 2005 and at UT Dallas in 2006 with Harry M. Markowitz, a 1990 Nobel Laureate in Economics, as the keynote speaker. Also, two books have been edited in his honor.His past and present editorial positions include Departmental Editor of Production and Operations Management, Corresponding Editor of SIAM Journal on Control and Optimization, and Associate Editor of Operations Research, M&SOM, and Automatica.

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