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A First Course in Optimization Theory by Rangarajan K. (Stern School of Business, New York) Sundaram
  

Synopsis

A First Course in Optimization Theory by Rangarajan K. (Stern School of Business, New York) Sundaram

This book, first published in 1996, introduces students to optimization theory and its use in economics and allied disciplines. The first of its three parts examines the existence of solutions to optimization problems in Rn, and how these solutions may be identified. The second part explores how solutions to optimization problems change with changes in the underlying parameters, and the last part provides an extensive description of the fundamental principles of finite- and infinite-horizon dynamic programming. Each chapter contains a number of detailed examples explaining both the theory and its applications for first-year master's and graduate students. 'Cookbook' procedures are accompanied by a discussion of when such methods are guaranteed to be successful, and, equally importantly, when they could fail. Each result in the main body of the text is also accompanied by a complete proof. A preliminary chapter and three appendices are designed to keep the book mathematically self-contained.

Reviews

'... the book is an excellent reference for self-studies, especially for students in business and economics.'
H. Noltemeier, Wurzberg

About the Author

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Book Info

Publication date

13th June 1996

Author

Rangarajan K. (Stern School of Business, New York) Sundaram

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Publisher

Cambridge University Press

Format

Hardback
376 pages

Categories

Economic theory & philosophy
Optimization

ISBN

9780521497190

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