Background
Sengupta, Jati Kumar was born on January 4, 1934 in Rampurhat, Bengal, India. Came to the United States, 1976. Son of Kshudiram and Anima (Choudhury) Sengupta.
(This book presents the main applied aspects of stochas t...)
This book presents the main applied aspects of stochas tic optimization in economic models. Stochastic processes and control theory are used under optimization to illustrate the various economic implications of optimal decision rules. Unlike econometrics which deals with estimation, this book emphasizes the decision-theoretic basis of uncertainty specified by the stochastic point of view. Methods of ap plied stochastic control using stochastic processes have now reached an exciti~g phase, where several disciplines like systems engineering, operations research and natural reso- ces interact along with the conventional fields such as mathematical economics, finance and control systems. Our objective is to present a critical overview of this broad terrain from a multidisciplinary viewpoint. In this attempt we have at times stressed viewpoints other than the purely economic one. We believe that the economist would find it most profitable to learn from the other disciplines where stochastic optimization has been successfully applied. It is in this spirit that we have discussed in some detail the following major areas: A. Portfolio models in ·:finance, B. Differential games under uncertainty, c. Self-tuning regulators, D. Models of renewable resources under uncertainty, and ix x PREFACE E. Nonparametric methods of efficiency measurement. Stochastic processes are now increasingly used in economic models to understand the various adaptive behavior implicit in the formulation of expectation and its application in decision rules which are optimum in some sense.
http://www.amazon.com/gp/product/902772301X/?tag=2022091-20
( Jati K. Sengupta examines the market dynamics of the ev...)
Jati K. Sengupta examines the market dynamics of the evolution of industry and the impact of new technology with R&D and knowledge capital. The book builds the theory of innovations in the contexts of the high-tech industries of today such as computing and telecommunications.
http://www.amazon.com/gp/product/1403941645/?tag=2022091-20
(This work extends the dynamic and stochastic analysis of ...)
This work extends the dynamic and stochastic analysis of economic efficiency by using techniques of data envelopment analysis. New results and applications of these techniques in numerous areas of economics, finance and management are provided, including treatment of private sector industries, portfolio models in finance, quality control techniques in managerial performance, the role of market competition, policy applications in investment models in finance, risk aversion and efficiency, and technology and innovation.
http://www.amazon.com/gp/product/9810242662/?tag=2022091-20
(Measuring productive efficiency for nonprofit organizatio...)
Measuring productive efficiency for nonprofit organizations has posed a great challenge to applied researchers today. The problem has many facets and diverse implications for a number of disciplines such as economics, applied statistics, management science and information theory. This monograph discusses four major areas, which emphasize the applied economic and econometric as. pects of the production frontier analysis: A. Stochastic frontier theory, B. Data envelopment analysis, C. Clustering and estimation theory, D. Economic and managerial applications Besides containing an up-to-date survey of the mos. t recent developments in the field, the monograph presents several new results and theorems from my own research. These include but are not limited to the following: (1) interface with parametric theory, (2) minimax and robust concepts of production frontier, (3) game-theoretic extension of the Farrell and Johansen models, (4) optimal clustering techniques for data envelopment analysis and (5) the dynamic and stochastic generalizations of the efficiency frontier at the micro and macro levels. In my research work in this field I have received great support and inspiration from Professor Abraham Charnes of the University of Texas at Austin, who has basically founded the technique of data envelopment analysis, developed it and is still expanding it. My interactions with him have been most fruitful and productive. I am deeply grateful to him. Finally, I must record my deep appreciation to my wife and two children for their loving and enduring support. But for their support this work would not have been completed.
http://www.amazon.com/gp/product/0792300289/?tag=2022091-20
( New efficiency theory refers to the various parametric ...)
New efficiency theory refers to the various parametric and semi-parametric methods of estimating production and cost frontiers, which include data envelopment analysis (DEA) with its diverse applications in management science and operations research. This monograph develops and generalizes the new efficiency theory by highlighting the interface between economic theory and operations research. Some of the outstanding features of this monograph are: (1) integrating the theory of firm efficiency and industry equilibrium, (2) emphasizing growth efficiency in a dynamic setting, (3) incorporating uncertainty of market demand and prices, and (4) the implications of group efficiency by sharing investments. Applications discuss in some detail the growth and decline of the US computer industry, and the relative performance of mutual fund portfolios.
http://www.amazon.com/gp/product/3540140131/?tag=2022091-20
(Measuring productive efficiency for nonprofit organizatio...)
Measuring productive efficiency for nonprofit organizations has posed a great challenge to applied researchers today. The problem has many facets and diverse implications for a number of disciplines such as economics, applied statistics, management science and information theory. This monograph discusses four major areas, which emphasize the applied economic and econometric as. pects of the production frontier analysis: A. Stochastic frontier theory, B. Data envelopment analysis, C. Clustering and estimation theory, D. Economic and managerial applications Besides containing an up-to-date survey of the mos. t recent developments in the field, the monograph presents several new results and theorems from my own research. These include but are not limited to the following: (1) interface with parametric theory, (2) minimax and robust concepts of production frontier, (3) game-theoretic extension of the Farrell and Johansen models, (4) optimal clustering techniques for data envelopment analysis and (5) the dynamic and stochastic generalizations of the efficiency frontier at the micro and macro levels. In my research work in this field I have received great support and inspiration from Professor Abraham Charnes of the University of Texas at Austin, who has basically founded the technique of data envelopment analysis, developed it and is still expanding it. My interactions with him have been most fruitful and productive. I am deeply grateful to him. Finally, I must record my deep appreciation to my wife and two children for their loving and enduring support. But for their support this work would not have been completed.
http://www.amazon.com/gp/product/9401076944/?tag=2022091-20
Sengupta, Jati Kumar was born on January 4, 1934 in Rampurhat, Bengal, India. Came to the United States, 1976. Son of Kshudiram and Anima (Choudhury) Sengupta.
Master of Arts, Calcutta (India) University, Bengal, 1955. Doctor of Philosophy, Iowa State University, 1962.
Professor economics and statistics, Iowa State University, Ames, 1962-1966; professor economics and operations research, Indian Institute Management, Calcutta, 1967-1972; director, Indian Institute Management, Calcutta, 1972-1976; member of faculty, University of California, Santa Barbara. Consultant United States Agency for International Development (Agency for International Development), 1962-1963, Ford Foundation, 1969, The World Bank, Washington, 1975-1977.
( New efficiency theory refers to the various parametric ...)
(This work extends the dynamic and stochastic analysis of ...)
(Measuring productive efficiency for nonprofit organizatio...)
(Measuring productive efficiency for nonprofit organizatio...)
(This book presents the main applied aspects of stochas t...)
(This book presents the main applied aspects of stochas t...)
( Jati K. Sengupta examines the market dynamics of the ev...)
Member Econometric Society, Institute Management Sciences.
Married Krishna Majumder, June 5, 1965. Children: Rimita, Ajeen.