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Regular nonsmooth equations
- 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