English, Article, Journal or magazine article edition: The Envelope Theorems Paul Milgrom

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Bookmark: http://trove.nla.gov.au/version/143049
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • The Envelope Theorems
Author
  • Paul Milgrom
Physical Description
  • preprint
Notes
  • December 19, 1999 (Revised) At least three different "envelope theorems" have proved useful for economic analysis. One applies to unconstrained optimization problems with parameterized objectives and unique solutions, a second to constrained, smooth concave maximization problems in which both the objective and constraint are parameterized, and a third, which had not previously been given a general statement, to problems with parameterized objectives and any number of solutions. We state and prove the third theorem, generalize the first, and develop the precise relationship among the three.
  • RePEc:wop:stanec:99016
Language
  • English
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