An equality quality constraint g(x) = 0 can be represented by a pair of inequality constraints g(x)

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An equality quality constraint g(x) = 0 can be represented by a pair of inequality constraints
g(x) < 0, g(x) > 0
Use this transformation to derive theorem 5.2 from theorem 5.3. Disregard the regularity condition.

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Foundations of Mathematical Economics

ISBN: 978-0262531924

1st edition

Authors: Michael Carter

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Question Posted: May 02, 2016 11:53 AM

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An equality quality constraint g(x) = 0 can be represented by a pair of inequality constraints g(x)

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The equality constrained maximization problem is equivalent to the problem By the KuhnTucker ...View the full answer

Foundations of Mathematical Economics

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