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Sun, Guang-zhen
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Exploiting Gossen's Second Law: A Simple Proof of the Euler Equation and the Maximum Principle
Sun, Guang-zhen
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Department of Econometrics and Business Statistics, …
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2005
We offer simple and intuitive proofs of the Euler equation and the maximum principle based on Gossen's Second Law, one of the best known results in economics.
Persistent link: https://www.econbiz.de/10005064162
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