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Regular nonsmooth equations

Authors :
Shannon, Chris
Source :
The Journal of Mathematical Economics. March, 1994, Vol. 23 Issue 2, p147, 19 p.
Publication Year :
1994

Abstract

The notions of regular points and values for nonsmooth functions were used in the analysis of the degree theory, a valuable tool used in solving systems of equations in economic problems. The analysis aims to correlate the results of regular points and values with the sensitivity results for problems involving nonsmooth functions. It also shows the change in the number of equilibria from smooth regular exchange economies to nonsmooth exchange economies.

Details

ISSN :
03044068
Volume :
23
Issue :
2
Database :
Gale General OneFile
Journal :
The Journal of Mathematical Economics
Publication Type :
Academic Journal
Accession number :
edsgcl.15479161