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Dynamic Investment Planning (Routledge Revivals), PDF eBook

Dynamic Investment Planning (Routledge Revivals) PDF

Part of the Routledge Revivals series

PDF

Please note: eBooks can only be purchased with a UK issued credit card and all our eBooks (ePub and PDF) are DRM protected.

Description

In dynamic investment planning the time of investment is a significant issue.

By simplifying the mathematical notation, the author of this book seeks to make control theory a practical tool that can be applied to the problem of timing.

The book, first published in 1977, begins with an introduction to one important approach to control theory – dynamic programming.

Then some of the relevant literature that deals with investment decision-making is reviewed.

This is followed by a mathematically formulated planning model.

The computational aspects of the model are discussed and a complete computer flow chart is given.

The second part of the book gives a thorough application of the theory by means of a detailed case study – the planning of a steel industry.

The case study illustrates how a fairly abstract dynamic analysis can be effectively integrated with practical decision-making concerns.

This book is ideal for students of economics and business.

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