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The Envelope Theorem in Its Prpper Perspective


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  • Drandakis, E.
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    The Envelope Theorem is shown to involve comparaisons between the performance of the optimal policy and that of alternative policies, which satisfy the constraints of the problem and may also have other features.

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    Bibliographic Info

    Paper provided by Athens University of Economics and Business in its series DEOS Working Papers with number 116r.

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    Length: 24 pages
    Date of creation: 2000
    Date of revision:
    Handle: RePEc:aue:wpaper:116r

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    Keywords: ECONOMIC THEORY;

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