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 PublicationsJournal Article (refereed)Researchpeer-review

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

Cite this

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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.",
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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 PublicationsJournal Article (refereed)Researchpeer-review

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