Solving Continuous-Time Optimal-Control Problems with a Spreadsheet
Eric Nævdal
The Journal of Economic Education, 2003, vol. 34, issue 2, 99-122
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.
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jeduce:v:34:y:2003:i:2:p:99-122
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DOI: 10.1080/00220480309595206
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