It takes the average reader 7 hours and 34 minutes to read Dynamic Policies of the Firm by Onno van Hilten
Assuming a reading speed of 250 words per minute. Learn more
In this book we open our insights in the Theory of the Firm, obtained through the application of Optimal Control Theory, to a public of scholars and advanced students in economics and applied mathematics. We walk on the micro economic side of the street that is bordered by Theory of the Firm on one side and by Optimal Control Theory on the other, keeping the reader away from all the dead end roads we turned down during our 10 years lasting research. We focus attention on the expressiveness and variety of insights that are obtained through studying only simple models of the firm. In this book mathematics is our tool, insight in optimal corporate policy our goal. Therefore most of the mathematics and calculations is put into appendices and in the main text all attention is on modelling corporate behaviour and on analysing the results of the calculations. So, the main text focusses on micro economics, even more specific: on Theory of the Firm. In that way this book is contrasted from such famous text books in applied Optimal Control with a much broader portfolio of applications, like Feichtinger & Hartl (1986) or with a more rigorous introduction into theory, like Seierstad & Sydsaeter (1987).
Dynamic Policies of the Firm by Onno van Hilten is 439 pages long, and a total of 113,701 words.
This makes it 148% the length of the average book. It also has 139% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 10 hours and 21 minutes to read Dynamic Policies of the Firm aloud.
Dynamic Policies of the Firm is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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