Building on a base of simple economic theory and elementary linear algebra and calculus, this broad treatment of static and dynamic optimization methods discusses the importance of shadow prices, and reviews functions defined by solutions of optimization problems. Recently revised and expanded by the author, the second edition of this popular student text will be a valuable resource for upper level undergraduate and graduate students.
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Peer-reviewed publications on Questia are publications containing articles which were subject to evaluation for accuracy and substance by professional peers of the article's author(s).
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Should I Do the Dishes Now? Mathematical Constructs Can Help You Make Better Decisions, Even in Small Matters. an Expert on Game Theory (You Know, the Mathematical Study of Human Strategy) to Explain How By Lillian Thomas Andrew Mcgill Pittsburgh Post-Gazette (Pittsburgh, PA), February 3, 2013