Optimal Control and Differential Games

Optimal control and differential games continue to attract strong interest from researchers interested in dynamical problems and models in management science. This volume explores the application of these methodologies to new as well as to classical decision problems in management sciences and economics. In Part I, optimal control and dynamical systems approaches are used to analyze problems in areas such as monetary policy, pollution control, relationship marketing, drug control, debt financing, and ethical behavior. In Part II differential games are applied to problems such as oligopolistic competition, common resource management, spillovers in foreign direct investments, marketing channels, incentive strategies, and the computation of Markov perfect Nash equilibria.

Optimal Control and Differential Games is an excellent reference for researchers and graduate students covering a wide range of emerging and revisited problems in management science.

Contenu
Preface.- Contributing Authors.- I Optimal Control.- 1 Skiba Thresholds in Optimal Control of Illicit Drug Use.- 2 A Capital Accumulation Model with Debt Financing: The Steigum Model Revisited.- 3 Turnpikes in multi-discount rate environments and GCC policy evaluation.- 4 An Ethical Behavior Interpretation of Optimal Control.- 5 From Love Dynamics to Relationship Marketing: The Case of Linear Partners.- 6 Existence and characterization of time-consistent monetary policy rules.- II Differential Games.- 7 Dynamic Oligopolistic Competition and Quasi-Competitive Behavior.- 8 Recent Studies on Incentive Design Problems in Game Theory and Management Science.- 9 Computation of Markov Perfect Nash Equilibria without HamiltonJacobiBellman Equations.- 10 Foreign Direct Investment and Localized Technological Spillovers.- 11 Impact of Retailer's Myopia on Channel's Strategies.- 12 Common Property Resource and Private Capital Accumulation.- 13 Pricing of Natural Resource under a Randomly Furcating Environment.- Publications of Professor Steffen Jorgensen.