{"product_id":"9780470015247","title":"LQ Dynamic Optimization and Differential Games","description":"\u003ch1\u003eLQ Dynamic Optimization and Differential Games\u003c\/h1\u003e\u003ch3\u003eJacob Engwerda\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eBusiness \u0026amp; Economics \/ Econometrics\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003eGame theory is the theory of social situations, and the majority of research into the topic focuses on how groups of people interact by developing formulas and algorithms to identify optimal strategies and to predict the outcome of interactions. Only fifty years old, it has already revolutionized economics and finance, and is spreading rapidly to a wide variety of fields.  \u003cp\u003e\u003ci\u003eLQ Dynamic Optimization and Differential Games\u003c\/i\u003e is an assessment of the state of the art in its field and the first modern book on linear-quadratic game theory, one of the most commonly used tools for modelling and analysing strategic decision making problems in economics and management. Linear quadratic dynamic models have a long tradition in economics, operations research and control engineering; and the author begins by describing the one-decision maker LQ dynamic optimization problem before introducing LQ differential games.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eCovers cooperative and non-cooperative scenarios, and treats the standard information structures (open-loop and feedback).\u003c\/li\u003e \u003cli\u003eIncludes real-life economic examples to illustrate theoretical concepts and results.\u003c\/li\u003e \u003cli\u003ePresents problem formulations and sound mathematical problem analysis.\u003c\/li\u003e \u003cli\u003eIncludes exercises and solutions, enabling use for self-study or as a course text.\u003c\/li\u003e \u003cli\u003eSupported by a website featuring solutions to exercises, further examples and computer code for numerical examples.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eLQ Dynamic Optimization and Differential Games\u003c\/i\u003e offers a comprehensive introduction to the theory and practice of this extensively used class of economic models, and will appeal to applied mathematicians and econometricians as well as researchers and senior undergraduate\/graduate students in economics, mathematics, engineering and management science.\u003c\/p\u003e\n\u003c\/div\u003e\u003cdiv\u003e  \u003cp\u003eJacob Engwerda is the author of LQ Dynamic Optimization and Differential Games, published by Wiley. \u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e24 June 2005\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9780470015247\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003eHardback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e512\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWeight (oz): \u003c\/td\u003e\n\u003ctd\u003e39.36\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":44384483049612,"sku":"9780470015247","price":140.35,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9780470015247_72c28a80-7ec9-4fb3-b30e-9f1e2341582f.jpg?v=1780158660","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9780470015247","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}