{"product_id":"an-explanation-of-constrained-optimization-peter-morgan-9781442614468","title":"An Explanation of Constrained Optimization for Economists","description":"\u003cp\u003eIn a constrained optimization problem, the decisionmaker wants to select the \"optimal\" choice - the one most valuable to him or her - that also meets all of the constraints imposed by the problem. Such problems are at the heart of modern economics, where the typical behavioral postulate is that a decisionmaker behaves \"rationally\"; that is, chooses optimally from a set of constrained choices.\u003c\/p\u003e\u003cp\u003eMost books on constrained optimization are technical and full of jargon that makes it hard for the inexperienced reader to gain a holistic understanding of the topic. Peter B. Morgan's \u003cem\u003eExplanation of Constrained Optimization for Economists\u003c\/em\u003e solves this problem by emphasizing explanations, both written and visual, of the manner in which many constrained optimization problems can be solved. Suitable as a textbook or a reference for advanced undergraduate and graduate students familiar with the basics of one-variable calculus and linear algebra, this book is an accessible, user-friendly guide to this key concept.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Peter Morgan\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1442614463\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781442614468\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e University of Toronto Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/20\/2015\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 504\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 3.00lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 11.00h x 8.40w x 1.20d","brand":"Peter Morgan","offers":[{"title":"Paperback","offer_id":44123660222719,"sku":"9781442614468","price":100.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_5a75c5c8-bd21-444e-ae05-d94adaefbe90.jpg?v=1687432124","url":"https:\/\/www.whiterainbookhouse.com\/products\/an-explanation-of-constrained-optimization-peter-morgan-9781442614468","provider":"WR Book House","version":"1.0","type":"link"}