An Introduction to Hamiltonian and Lagrangian Methods for Economists
A Hamiltonian & Lagrangian General Form You may remember high school physics class and being introduced to Newtonian mechanics (F=ma, anyone?). If you stuck with physics, you would learn about two alternative, but complementary, approaches—Lagrangian and Hamiltonian classical mechanics. So, how do we get from physics to economics? What’s all this about Hamiltonian and Lagrangian mechanics, […]
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