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Soudobá makroekonomie a teorie optimálního řízení
2004
Politicka Ekonomie
The paper presents the optimal control theory and the maximum principle technique that is suitable for solving dynamic optimalization problems in continuous time. Modern mainstream macroeconomics stresses microeconomics principles of solved problems. However, the application of the standard microeconomic approach - the static optimalization - needs to be replaced in macroeconomics by more sophisticated methods. The maximum principle is one of the possible tools. This text briefly introduces the
doi:10.18267/j.polek.475
fatcat:etlvzoe7pfhzrmvfxig7m75gey