The Lagrangian, constraint qualifications and economics

نویسندگان

چکیده

Abstract Considering constrained choice, practitioners and theorists frequently invoke a Lagrangian to generate optimality conditions. Regular use of that vehicle requires, however, some constraint qualification . Yet many economists go easy on the mathematics issue. Conversely, few mathematicians elaborate economics context. Thereby both parties leave lacunas as didactics or intuition. This note attempts shed light these matters.

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ژورنال

عنوان ژورنال: Mathematical Methods of Operations Research

سال: 2022

ISSN: ['0042-0573', '1432-5217', '1432-2994']

DOI: https://doi.org/10.1007/s00186-022-00789-7