The impact of changes in relative weights on the optimal solution of a maximization problem

Leonard Cheng*

*Corresponding author for this work

Research output: Journal Publications › Journal Article (refereed)

Abstract

This paper studies the impact of changes in relative weights on the solution of a constrained maximization problem which arises in a number of different economic situations. Conditions are obtained under which a given change in relative weights necessarily leads to certain patterns of changes in the optimal solution. An example is provided for illustration.

Original languageEnglish
Pages (from-to)143-150
Number of pages8
JournalJournal of Mathematical Economics
Volume15
Issue number2
DOIs
Publication statusPublished - 1 Jan 1986
Externally publishedYes

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Optimal Solution
Economics
Optimal solution
Relative weight

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Cheng, Leonard. / The impact of changes in relative weights on the optimal solution of a maximization problem. In: Journal of Mathematical Economics. 1986 ; Vol. 15, No. 2. pp. 143-150.
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Cheng, L 1986, 'The impact of changes in relative weights on the optimal solution of a maximization problem', Journal of Mathematical Economics, vol. 15, no. 2, pp. 143-150. https://doi.org/10.1016/0304-4068(86)90005-4

The impact of changes in relative weights on the optimal solution of a maximization problem. / Cheng, Leonard.

In: Journal of Mathematical Economics, Vol. 15, No. 2, 01.01.1986, p. 143-150.

Research output: Journal Publications › Journal Article (refereed)

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Cheng L. The impact of changes in relative weights on the optimal solution of a maximization problem. Journal of Mathematical Economics. 1986 Jan 1;15(2):143-150. https://doi.org/10.1016/0304-4068(86)90005-4

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