A detailed examination of the concept of interior solution (interior optimum) in the context of constrained optimization problems.
Analysis of duality in economic optimization problems, particularly in consumer theory.
The objective of an enterprise to produce its output at the lowest possible cost while maintaining the specified quality of goods or services.
The solution of a constrained optimization problem where one or more constraints are binding, often involving maximization or minimization of an objective function.
A comprehensive entry exploring the meaning and implications of a corner solution in economic analysis.
A method for solving intertemporal optimization problems by maximizing the sum of current and future pay-offs.
A definition and analysis of the Envelope Theorem in economics and its implications in optimization problems.
A mathematical technique for solving constrained optimization problems in economics and other fields.
In economics, the choice from all possible uses of resources of that which gives the best result.
Definition and in-depth explanation of the concept of a saddle point in economics.
A solution to an optimization problem occurring at a point of tangency between two curves, often used in consumer theory.
