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An alternative approach to understanding second-order conditions for constrained optimization - lagrange multipliers

Maberly, E. D. and Pierce, R. M. 2004, An alternative approach to understanding second-order conditions for constrained optimization - lagrange multipliers, Applied mathematics letters, vol. 17, no. 12, pp. 1397-1401, doi: 10.1016/j.aml.2003.07.012.

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Title An alternative approach to understanding second-order conditions for constrained optimization - lagrange multipliers
Author(s) Maberly, E. D.
Pierce, R. M.
Journal name Applied mathematics letters
Volume number 17
Issue number 12
Start page 1397
End page 1401
Total pages 5
Publisher Pergamon
Place of publication Oxford, England
Publication date 2004-12
ISSN 0893-9659
1873-5452
Keyword(s) Constrained optimization
Lagrange multipliers
Second-order conditions
Summary This paper presents an alternative approach to solving a standard problem, frequently encountered in advanced microeconomics, using the technique of Lagrange multipliers. The objective is to enhance the understanding of students as to the derivation of the second-order conditions.
Language eng
DOI 10.1016/j.aml.2003.07.012
Field of Research 010299 Applied Mathematics not elsewhere classified
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©2004, Elsevier
Persistent URL http://hdl.handle.net/10536/DRO/DU:30023934

Document type: Journal Article
Collection: School of Accounting, Economics and Finance
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