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Optimal Control of the Growth of Wealth of Nations
Students and researchers in applied mathematics and applied economics can use this introductory-level graduate text. It looks at the current problems of the development of the global economy by studying the dynamics of key economic variables, such as gross national product, interest rates, employment, value of capital stock, prices (inflation) and balance of payments. Validation of the model is attempted using the economic time series of several countries. The constructed models explain the macroeconomic data of nations as dynamic games of pursuit, which are equivalent to "control" problems and are used to study mathematical optimal control of the growth of the wealth of nations. This invaluable reference for graduates and researchers compares the extent of government intervention in the economy with private firms to ensure the controllability of the economy.
Differential Models and Neutral Systems for Controlling the Wealth of Nations
This monograph derives from familiar economic principles the dynamics of national income, the interest rate, employment, the value of capital stock, prices, and the cumulative balance of payments. This is a Volterra neutral integrodifferential game of pursuit. The quarry control is government intervention in the form of taxation, control of money supply, tariffs, foreign credit, interest equalization tax, preferential trade agreements (which reduce trade barriers and enhance trade flows between nations), transportation and distance between trading partners. The pursuer controls include wages and productivity. The book provides conditions for controllability and then deduces how big government intervention (compared with private firms' contributions) should be to ensure the possibility of growth.The reader is assumed to be familiar with advanced calculus and to have a working knowledge of ordinary differential equations. The required theory of hereditary systems can be obtained from the book itself.
A Mathematical Treatment of Economic Cooperation and Competition Among Nations, with Nigeria, USA, UK, China, and the Middle East Examples
The book presents a careful mathematical study of Economic Cooperation and Competition among Nations. It appropriates the principles of Supply and Demand and of Rational Expectations to build the dynamic model of the Gross Domestic Products of two groups of nations which are linked up together. The first group consists of Nigeria, the US, the UK and China. The second group is made up of Egypt, the US, Jordan and Israel. The link connecting the four nations of each group is mirrored in the net export function which is broadened to include trade, debts and the inflow or the outflow of wealth from the competing and cooperating nations. This realistic models of the four interacting GDP's, a here...
Stability And Time-optimal Control Of Hereditary Systems: With Application To The Economic Dynamics Of The Us (2nd Edition)
Stability and Time-Optimal Control of Hereditary Systems is the mathematical foundation and theory required for studying in depth the stability and optimal control of systems whose history is taken into account. In this edition, the economic application is enlarged, and explored in some depth. The application holds out the hope that full employment and high income growth will be compatible with low prices and low inflation, provided that the control matrix has full rank, i.e., the existing controls are fully effectively used. The book concludes with a new appendix containing complete programs, data, graphs and quantitative results for the US economy.
nonlinear analysis and applications
This book attempts to put together the works of a wide range of mathematical scientists. It consists of the proceedings of the Seventh Conference on "Nonlinear Analysis and Applications" including papers that were delivered as invited talks and research reports.
Hope in Hopelessness
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Multigroup Equations for the Description of the Particle Transport in Semiconductors
Deterministic simulation of the particle transport in semiconductor devices is an interesting alternative to the common Monte Carlo approach. In this book, a state-of-the-art technique called the multigroup approach is presented and applied to a variety of transport problems in bulk semiconductors and semiconductor devices. High-field effects as well as hot-phonon phenomena in polar semiconductors are studied in detail. The mathematical properties of the presented numerical method are studied, and the method is applied to simulating the transport of a two-dimensional electron gas formed at a semiconductor heterostructure. Concerning semiconductor device simulation, several diodes and transistors fabricated of silicon and gallium arsenide are investigated. For all of these simulations, the numerical techniques employed are discussed in detail.This unique study of the application of direct methods for semiconductor device simulation provides the interested reader with an indispensable reference on this growing research area.
Dissipative Phase Transitions
Phase transition phenomena arise in a variety of relevant real world situations, such as melting and freezing in a solid-liquid system, evaporation, solid-solid phase transitions in shape memory alloys, combustion, crystal growth, damage in elastic materials, glass formation, phase transitions in polymers, and plasticity.The practical interest of such phenomenology is evident and has deeply influenced the technological development of our society, stimulating intense mathematical research in this area.This book analyzes and approximates some models and related partial differential equation problems that involve phase transitions in different contexts and include dissipation effects.
Wavelet and Wave Analysis as Applied to Materials with Micro Or Nanostructure
This seminal book unites three different areas of modern science: the micromechanics and nanomechanics of composite materials; wavelet analysis as applied to physical problems; and the propagation of a new type of solitary wave in composite materials, nonlinear waves. Each of the three areas is described in a simple and understandable form, focusing on the many perspectives of the links among the three.All of the techniques and procedures are described here in the clearest and most open form, enabling the reader to quickly learn and use them when faced with the new and more advanced problems that are proposed in this book. By combining these new scientific concepts into a unitary model and enlightening readers on this pioneering field of research, readers will hopefully be inspired to explore the more advanced aspects of this promising scientific direction. The application of wavelet analysis to nanomaterials and waves in nanocomposites can be very appealing to both specialists working on theoretical developments in wavelets as well as specialists applying these methods and experiments in the mechanics of materials.
Lecture Notes on the Discretization of the Boltzmann Equation
This book presents contributions on the following topics: discretization methods in the velocity and space, analysis of the conservation properties, asymptotic convergence to the continuous equation when the number of velocities tends to infinity, and application of discrete models. It consists of ten chapters. Each chapter is written by applied mathematicians who have been active in the field, and whose scientific contributions are well recognized by the scientific community.
