Combining control theory and modeling, this textbook introduces and builds on methods for simulating and tackling concrete problems in a variety of applied scie

This new 4th edition offers an introduction to optimal control theory and its diverse applications in management science and economics. It introduces students t

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,

Optimal Control theory has been increasingly used in Economi- and Management Science in the last fifteen years or so. It is now commonplace, even at textbook le