Dynamic Programming of Economic Decisions by Martin J. Beckmann
English | PDF | 1968 | 155 Pages | ISBN : 3642864511 | 12.6 MB
Dynamic Programming is the analysis of multistage decision in the sequential mode. It is now widely recognized as a tool of great versatility and power, and is applied to an increasing extent in all phases of economic analysis, operations research, technology, and also in mathematical theory itself. In economics and operations research its impact may someday rival that of linear programming. The importance of this field is made apparent through a growing number of publications. Foremost among these is the pioneering work of Bellman.
