Book 图书名称:An Explanation of Constrained Optimization for Economists
Author 作者: Peter Morgan
Publisher 出版社:University of Toronto Press, Scholarly Publishing Division
Page 页数:504
Publishing Date 出版时间:May 7, 2015
Language 语言:English
Size 大小:5 MB
Format 格式:pdf 文字版
ISBN: 1442646535, 9781442646537
Edition: 第1版 搜索过论坛,没有该文档
In a constrained optimization problem, the decisionmaker wants to select the “optimal” choice – the one most valuable to him or her – that also meets all of the constraints imposed by the problem. Such problems are at the heart of modern economics, where the typical behavioral postulate is that a decisionmaker behaves “rationally”; that is, chooses optimally from a set of constrained choices.
Most books on constrained optimization are technical and full of jargon that makes it hard for the inexperienced reader to gain a holistic understanding of the topic. Peter B. Morgan’s Explanation of Constrained Optimization for Economists solves this problem by emphasizing explanations, both written and visual, of the manner in which many constrained optimization problems can be solved. Suitable as a textbook or a reference for advanced undergraduate and graduate students familiar with the basics of one-variable calculus and linear algebra, this book is an accessible, user-friendly guide to this key concept.
== Table of contents ==
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