EAN: 9783319751689

CONTROL SYSTEMS AND MATHEMATICAL METHODS IN ECO...

Since the days of Lev Pontryagin and his associates  the discipline of Optimal Control has
enjoyed a tremendous upswing - not only in terms of its mathematical foundations  but also with
regard to numerous fields of application  which have given rise to highly active research
areas. Few scholars  however  have been able to make contributions to both the mathematical
developments and the (socio-)economic applications  Vladimir Veliov is one of them. In the
course of his scientific career  he has contributed highly influential research on mathematical
aspects of Optimal Control Theory  as well as applications in Economics and Operations
Research. One of the hallmarks of his research is its impressive breadth. This volume 
published on the occasion of his 65th birthday  accurately reflects that diversity. The
mathematical aspects covered include stability theory for difference inclusions  metric
regularity  generalized duality theory  the Bolza problem from a functional analytic
perspective  and fractional calculus. In turn  the book explores various applications of
control theory  such as population dynamics  population economics  epidemiology  optimal growth
theory  resource and energy economics  environmental management  and climate change. Further
topics include optimal liquidity  dynamics of the firm  and wealth inequality.

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