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Optimal Control, Expectations and Uncertainty
Optimal Control Expectations and Uncertainty
Author: Sean Holly, Andrew Hughes Hallet
The rational expectations revolution and other developments in economics (notably game theory) have fundamentally altered the application of optimal control theory to economic forecasting and planning. In particular, they have shown that economic systems cannot be modeled simplistically on physical systems. However, as the authors show, these de...  more »
ISBN-13: 9780521126335
ISBN-10: 0521126339
Publication Date: 1/14/2010
Pages: 260
Edition: 1
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Publisher: Cambridge University Press
Book Type: Paperback
Other Versions: Hardcover
Members Wishing: 0
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