Showing 1 - 9 of 9
In microeconomic analysis functions with diminishing returns to scale (DRS) have frequently been employed. Various properties of increasing quasiconcave aggregator functions with DRS are derived. Furthermore duality in the classical sense as well as of a new type is studied for such aggregator...
Persistent link: https://www.econbiz.de/10005823934
In a linear contracting environment the Fenchel transform provides a complete duality between the contract and the information rent. Through an appropriate generalised convexity this can be extended to provide a complete duality in the supermodular quasilinear contracting environment that covers...
Persistent link: https://www.econbiz.de/10010903382
The aim of this paper is twofold. On the one hand to present by means of a unique statement an existence result which covers both ways (convexity and acyclicity) of analyzing the problem of existence of maximal elements of non transitive binary relations. And on the other hand, to introduce the...
Persistent link: https://www.econbiz.de/10005731340
We suggest a concept of convexity of preferences that does not rely on any algebraic structure. A decision maker has in mind a set of orderings interpreted as evaluation criteria. A preference relation is defined to be convex when it satisfies the following: if for each criterion there is an...
Persistent link: https://www.econbiz.de/10012215329
We suggest a concept of convexity of preferences that does not rely on any algebraic structure. A decision maker has in mind a set of orderings interpreted as evaluation criteria. A preference relation is defined to be convex when it satisfies the following: if for each criterion there is an...
Persistent link: https://www.econbiz.de/10012158775
This paper deals with a multiobjective programming problem involving both equality constraints in infinite dimensional spaces. It is shown that some constraint qualifications together with a condition of interior points are sufficient conditions for the invexity of constraint maps with respect...
Persistent link: https://www.econbiz.de/10010750470
In this paper, we establish theorems of the alternative for a system described by inequalities, equalities and an inclusion, which are generalizations of Tucker's classical theorem of the alternative, and develop Kuhn-Tucker necessary conditions for efficiency to mathematical programs in normed...
Persistent link: https://www.econbiz.de/10010750661
In this paper, we establish theorems of the alternative for a system described by inequalities, equalities and an inclusion, which are generalizations of Tucker's classical theorem of the alternative, and develop Kuhn-Tucker necessary conditions for efficiency to mathematical programs in normed...
Persistent link: https://www.econbiz.de/10005510635
This paper deals with a multiobjective programming problem involving both equality constraints in infinite dimensional spaces. It is shown that some constraint qualifications together with a condition of interior points are sufficient conditions for the invexity of constraint maps with respect...
Persistent link: https://www.econbiz.de/10005510662