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In this paper, we first obtain some properties of topical (increasing and plus-homogeneous) functions in the framework of abstract convexity. Next, we use the Toland–Singer formula to characterize the dual problem for the difference of two topical functions. Finally, we present necessary and...
Persistent link: https://www.econbiz.de/10010845848
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
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 study increasing quasiconcave functions which are co-radiant. Such functions have frequently been employed in microeconomic analysis. The study is carried out in the contemporary framework of abstract convexity and abstract concavity. Various properties of these functions are derived. In...
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In this paper, we consider minimization problems with a quasiconvex vector-valued inequality constraint. We propose two constraint qualifications, the closed cone constraint qualification for vector-valued quasiconvex programming (the VQ-CCCQ) and the basic constraint qualification for...
Persistent link: https://www.econbiz.de/10010994056