Optimization in Economic Theory
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Optimization in Economic Theory

3.89 of 5 stars 3.89  ·  rating details  ·  19 ratings  ·  2 reviews
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, the second edition will be a valuable resource for upper level undergraduate an...more
Paperback, 188 pages
Published September 13th 1990 by Oxford University Press, USA (first published December 8th 1977)
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Daniel Babiak
This is absolutely the way to learn optimization. Supplement it with Chiang if you have to, but Dixit is a champ.
I learned a new way to solve Hamiltonians.
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Dixit was born in Bombay (now Mumbai) in 1944, and is a naturalized U.S. citizen. He was educated at St. Xavier’s College (Bombay), Corpus Christi College (Cambridge) and the Massachusetts Institute of Technology. He was an assistant professor at the University of California, Berkeley, a fellow of Balliol College, Oxford, and professor at the University of Warwick, before joining Princeton in 1981...more
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