Flåm, Sjur Didrik; Jongen, Hubertus Th.; Stein, Oliver - Institutt for Økonomi, Universitetet i Bergen - 2007
Many economic models and optimization problems generate (endogenous) shadow prices - alias dual variables or Lagrange multipliers. Frequently the “slopes” of resulting price curves - that is, multiplier derivatives - are of great interest. These objects relate to the Jacobian of the...