A rigorous introduction to optimal control theory, with an emphasis on applications in economics. This book bridges optimal control theory and economics, discus

Optimal control theory is a technique being used increasingly by academic economists to study problems involving optimal decisions in a multi-period framework.

Optimal control methods are used to determine optimal ways to control a dynamic system. The theoretical work in this field serves as a foundation for the book,

Control theory methods in economics have historically developed over three phases. The first involved basically the feedback control rules in a deterministic fr

Foundations of Dynamic Economic Analysis presents a modern and thorough exposition of the fundamental mathematical formalism used to study optimal control theor