LEADER 07530nam 2200661Ia 450 001 9910974007403321 005 20251116153350.0 010 0 $a9780195356311 010 0 $a0195356314 010 $a1-4294-1527-4 010 $a1-280-52852-4 010 $a0-19-535631-4 010 $a0-19-985503-X 035 $a(MiAaPQ)EBC7037507 035 $a(CKB)24235093000041 035 $a(MiAaPQ)EBC271347 035 $a(Au-PeEL)EBL271347 035 $a(CaPaEBR)ebr10142286 035 $a(CaONFJC)MIL52852 035 $a(OCoLC)935260335 035 $a(Au-PeEL)EBL7037507 035 $a(OCoLC)1336402838 035 $a(EXLCZ)9924235093000041 100 $a19960531d1997 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aDynamic economics $eoptimization by the Lagrange method /$fGregory C. Chow 205 $a1st ed. 210 $aNew York $cOxford University Press$d1997 215 $axiii, 234 p. $cill 311 08$a9780195101928 320 $aIncludes bibliographical references (p. 208-213) and index. 327 $aIntro -- Contents -- Chapter One: Introduction -- 1.1 Dynamic Economics and Optimization -- 1.2 Methods of Dynamic Optimization -- 1.3 Economic Growth -- 1.4 Theories of Market Equilibrium -- 1.5 Business Cycles -- 1.6 Dynamic Games -- 1.7 Models in Finance -- 1.8 Models of Investment -- 1.9 Numerical Methods for Solving First-Order Conditions in Dynamic Optimization Problems -- Chapter Two: Dynamic Optimization in Discrete Time -- 2.1 The Method of Lagrange Multipliers by an Example -- 2.2 The Method of Dynamic Programming by an Example -- 2.3 Solution of a Standard Dynamic Optimization Problem -- 2.4 Numerical Solution by Linear Approximations of & -- #955 -- and g -- 2.5 Sufficient Conditions for a Globally Optimal Solution -- 2.6 Relations to Known Results on Optimization -- Problems -- Chapter Three: Economic Growth -- 3.1 The Brock-Mirman Growth Model -- 3.2 A Multisector Growth Model -- 3.3 A Growth Model Based on Human Capital and Fertility -- 3.4 Technology and Economic Growth -- 3.5 Research and Development and Economic Growth -- Problems -- Chapter Four: Theories of Market Equilibrium -- 4.1 Asset Prices of an Exchange Economy -- 4.2 Equilibrium in a Pure Currency Economy -- 4.3 A Pure Credit Economy with Linear Utility -- 4.4 Money and Interest in a Cash-In-Advance Economy -- 4.5 A One-Sector Model of General Equilibrium -- 4.6 Equilibrium of a Multisector Model -- 4.7 Equilibrium of a One-Sector Model with Tax Distortion -- Problems -- Chapter Five: Business Cycles -- 5.1 Keynes and the Classics -- 5.2 Dynamic Properties of a Multisector Model with Technology Shocks -- 5.3 Estimating Economic Effects of Political Events in China -- 5.4 Estimating and Testing a Base-Line Real Business Cycle Model -- 5.5 Real Business Cycles and Labor Market Fluctuations -- 5.6 Oligopolistic Pricing and Aggregate Demand. 327 $a5.7 Research on Real Business Cycles -- Problems -- Chapter Six: Dynamic Games -- 6.1 A Formulation of Models of Dynamic Games -- 6.2 Price Determination of Duopolists with No Consumer Switching -- 6.3 A Characterization of Subgame Perfect Equilibrium for Infinitely Repeated Games -- 6.4 A Characterization of Subgame Perfect Equilibrium for Dynamic Games -- 6.5 Credible Government Policy -- 6.6 Credible Taxation to Redistribute Income -- Problems -- Chapter Seven: Models in Finance -- 7.1 Stochastic Differential Equations -- 7.2 Dynamic Programming for a Continuous-Time Model -- 7.3 Solution of a Continuous-Time Optimization Problem by Lagrange Multipliers -- 7.4 An Algebraic Method for Finding the Optimal Control Function -- 7.5 Optimum Consumption and Portfolio Selection Over Time -- 7.6 Capital Asset Pricing with Shifts in Investment Opportunities -- 7.7 The Pricing of Options and Corporate Liabilities -- 7.8 Asset Pricing and Portfolio Selection with Noise in Supply -- 7.9 Asset Pricing and Portfolio Selection with Asymmetric Information -- 7.9a The Kalman Filter in Continuous Time -- Problems -- Chapter Eight: Models of Investment -- 8.1 Investment as Exercising an Irreversible Option to Invest -- 8.2 A Simple Model of Investment with Adjustment Cost -- 8.3 Investment as Gradual Capacity Expansion with Adjustment Cost -- 8.4 Optimal Policy for Replacement Investment -- 8.5 Optimal Policy to Retire Human Capital -- 8.6 Some Other Literature on Investment -- Problems -- Chapter Nine: Numerical Methods for Solving First-Order Conditions in Dynamic Optimization Problems -- 9.1 Introduction -- 9.2 Change of Variables -- 9.3 A Short-Cut to Log-Linearize First-Order Conditions -- 9.4 Solving Matrix Riccati Equations Rapidly -- 9.5 Solving Linear First-Order Conditions by the Method of Undetermined Coefficients -- 9.6 Quadratic Approximation to &. 327 $a#955 -- in Discrete Time -- 9.7 Quadratic Approximation to & -- #955 -- in Continuous Time -- 9.8 Solving First-Order Conditions by the Galerkin Method -- Problems -- References -- List of Mathematical Statements -- Solutions to Selected Problems -- Index -- A -- B -- C -- D -- E -- F -- G -- H -- I -- J -- K -- L -- M -- N -- O -- P -- Q -- R -- S -- T -- U -- V -- W -- Z. 330 $aGregory C. Chow, father of the Chow Test of stability of economic relations and a major contributor to econometrics and economics, here provides a unified and simple treatment of dynamic economics. Using dynamic optimization as his main theme, Chow introduces the Lagrange method as a more convenient tool than dynamic programming for solving dynamic optimization problems. Dynamic Economics presents the optimization framework for dynamic economics so that readers can understand and use it for applied and theoretical research. Chow shows how the method of Lagrange multipliers is easier and more efficient for solving dynamic optimization problems than dynamic programming, and so enables readers to grasp the substance of dynamic economics more fully. He employs the Lagrange method to study and solve problems in a variety of areas including economic growth, general equilibrium theory, business cycles, dynamic games, finance, and investment--while also discussing numerical methods and analytical solutions. Teaching by example, Chow solves simple problems before moving on to more general propositions. Problems are provided at the end of each chapter. This accessible and wide-ranging work is an ideal primary text for graduate and undergraduate courses in dynamic economics. It can also be used as a supplementary text for courses in mathematics for economists, mathematical economics, macroeconomics, economic development, finance, operations research, and control theory in engineering schools, among others. 606 $aMathematical optimization 606 $aMultipliers (Mathematical analysis) 606 $aEquilibrium (Economics) 606 $aStatics and dynamics (Social sciences) 606 $aEconomic development 615 0$aMathematical optimization. 615 0$aMultipliers (Mathematical analysis) 615 0$aEquilibrium (Economics) 615 0$aStatics and dynamics (Social sciences) 615 0$aEconomic development. 676 $a330/.01/51 700 $aChow$b Gregory C.$f1929-$0101806 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910974007403321 996 $aDynamic Economics$9465723 997 $aUNINA LEADER 03459oam 2200673Mn 450 001 9910965689603321 005 20251116204820.0 010 $a1-138-87082-X 010 $a1-315-83042-6 010 $a1-317-85282-6 010 $a1-317-85283-4 024 7 $a10.4324/9781315830421 035 $a(CKB)2550000001257000 035 $a(EBL)1665701 035 $a(SSID)ssj0001212767 035 $a(PQKBManifestationID)11659950 035 $a(PQKBTitleCode)TC0001212767 035 $a(PQKBWorkID)11210534 035 $a(PQKB)10267254 035 $a(MiAaPQ)EBC1665701 035 $a(Au-PeEL)EBL1665701 035 $a(CaPaEBR)ebr10858714 035 $a(CaONFJC)MIL588730 035 $a(OCoLC)876512725 035 $a(OCoLC)897461902 035 $a(OCoLC)1066450125 035 $a(OCoLC-P)1066450125 035 $a(FlBoTFG)9781315830421 035 $a(FINmELB)ELB138326 035 $a(EXLCZ)992550000001257000 100 $a20040604j20040817 uy 0 101 0 $aeng 135 $aur|n||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aMoral Sense 205 $aReprint. 210 $aNew York $cRoutledge$dAug. 2004$aFlorence $cTaylor & Francis Group [distributor] 210 1$aAbingdon, Oxon :$cRoutledge,$d2002. 215 $a1 online resource (307 p.) 225 0 $aMuirhead library of philosophy. Ethics ;$v3 300 $aFirst published in 1930. 311 08$a0-415-29568-8 311 08$a1-306-57479-X 320 $aIncludes bibliographical references and index. 327 $ach. 1. Shaftesbury -- ch. 2. Critics of Shaftesbury -- ch. 3. Hutcheson : "Inquiry", 1725 -- ch. 4. Hutcheson : "The passions", 1728 -- ch. 5. Hutcheson : "The system", 1755 -- ch. 6. Min critics of the theory -- ch. 7. Hume : "Human nature" -- ch. 8. Hume : "Principles of morals" -- ch. 9. Adam Smith : his theory -- ch. 10. Adam Smith : historian and critic -- ch. 11. Adam Smith : under criticism with Hutcheson -- ch. 12. Kant on the moral sense. 330 8 $aAnnotation$bIn a society where a comic equates with knockabout amusment for children, the sudden pre-eminence of adult comics, on everything from political satire to erotic fantasy, has predictably attracted an enormous amount of attention. Adult comics are part of the cultural landscape in a way that would have been unimaginable a decade ago. In this first survey of its kind, Roger Sabin traces the history of comics for older readers from the end of the nineteenth century to the present. He takes in the pioneering titles pre-First World War, the underground 'comix' of the 1960s and 1970s, 'fandom' in the 1970s and 1980s, and the boom of the 1980s and 1990s (including 'graphic novels' and Viz.). Covering comics from the United States, Europe and Japan, Adult Comics addresses such issues as the graphic novel in context, cultural overspill and the role of women. By taking a broad sweep, Sabin demonstrates that the widely-held notion that comics 'grew up' in the late 1980s is a mistaken one, largely invented by the media. Adult Comics: An Introduction is intended primarily for student use, but is written with the comic enthusiast very much in mind. 606 $aEthics 615 0$aEthics. 676 $a170 676 $a170 700 $aBonar$b James$0119745 801 0$bOCoLC-P 801 1$bOCoLC-P 906 $aBOOK 912 $a9910965689603321 996 $aMoral Sense$94487708 997 $aUNINA