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Solving Continuous-Time Optimal-Control Problems with a Spreadsheet

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  • Eric N�vdal
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    Abstract

    The author explains how optimal-control problems can be solved with a common spreadsheet such as Microsoft Excel. He illustrates the method with several examples ranging from simple models to quite advanced topics. The method is intended to be beneficial to students and teachers working with complicated theory in the classroom as well as researchers needing a tool for finding numerical solutions to optimal control problems.

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    File URL: http://hdl.handle.net/10.1080/00220480309595206
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    Bibliographic Info

    Article provided by Taylor & Francis Journals in its journal The Journal of Economic Education.

    Volume (Year): 34 (2003)
    Issue (Month): 2 (January)
    Pages: 99-122

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    Handle: RePEc:taf:jeduce:v:34:y:2003:i:2:p:99-122

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    Cited by:
    1. Axelsen, Dan & Snarr, Hal W. & Friesner, Dan, 2009. "Teaching consumer theory to business students: an integrative approach," MPRA Paper 37249, University Library of Munich, Germany.

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