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The Envelope Theorem in Its Prpper Perspective

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  • Drandakis, E.
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    Abstract

    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, Department of International and European Economic Studies in its series Athens University of Economics and Business with number 116r.

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    Length: 24 pages
    Date of creation: 2000
    Date of revision:
    Handle: RePEc:fth:athebu:116r

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    Postal: Athens University of Economics and Business, Department of International and European Economic Studies. Parission 76, Athens Greece 10434
    Phone: +30 1 8203250
    Fax: +301 8228419
    Web page: http://www.aueb.gr/
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    Keywords: ECONOMIC THEORY;

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