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

Leonard Cheng

doi:10.1016/0304-4068(86)90005-4

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) › peer-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 language	English
Pages (from-to)	143-150
Number of pages	8
Journal	Journal of Mathematical Economics
Volume	15
Issue number	2
DOIs	https://doi.org/10.1016/0304-4068(86)90005-4
Publication status	Published - 1 Jan 1986
Externally published	Yes

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10.1016/0304-4068(86)90005-4

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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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