IDEAS home Printed from https://ideas.repec.org/a/spr/joptap/v159y2013i3d10.1007_s10957-013-0289-5.html
   My bibliography  Save this article

Variational Analysis for the Consumer Theory

Author

Listed:
  • Jean-Paul Penot

    (Université Pierre et Marie Curie)

Abstract

We look for an interpretation of the demand correspondence in the consumer theory as a generalized derivative of the inverse utility function. We test the main concepts of nonsmooth analysis for such an objective. The proofs only use classical methods in optimization such as penalization and optimality conditions.

Suggested Citation

  • Jean-Paul Penot, 2013. "Variational Analysis for the Consumer Theory," Journal of Optimization Theory and Applications, Springer, vol. 159(3), pages 769-794, December.
  • Handle: RePEc:spr:joptap:v:159:y:2013:i:3:d:10.1007_s10957-013-0289-5
    DOI: 10.1007/s10957-013-0289-5
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10957-013-0289-5
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s10957-013-0289-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Jean-Paul Penot, 2005. "Unilateral Analysis and Duality," Springer Books, in: Charles Audet & Pierre Hansen & Gilles Savard (ed.), Essays and Surveys in Global Optimization, chapter 0, pages 1-37, Springer.
    2. Crouzeix, J. -P., 1983. "Duality between direct and indirect utility functions : Differentiability properties," Journal of Mathematical Economics, Elsevier, vol. 12(2), pages 149-165, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. María D. Fajardo & Margarita M. L. Rodríguez & José Vidal, 2016. "Lagrange Duality for Evenly Convex Optimization Problems," Journal of Optimization Theory and Applications, Springer, vol. 168(1), pages 109-128, January.
    2. Vu Thi Huong & Jen-Chih Yao & Nguyen Dong Yen, 2017. "On the Stability and Solution Sensitivity of a Consumer Problem," Journal of Optimization Theory and Applications, Springer, vol. 175(2), pages 567-589, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci & Luigi Montrucchio, 2011. "Complete Monotone Quasiconcave Duality," Mathematics of Operations Research, INFORMS, vol. 36(2), pages 321-339, May.
    2. Jean-Paul Penot, 2010. "Are dualities appropriate for duality theories in optimization?," Journal of Global Optimization, Springer, vol. 47(3), pages 503-525, July.
    3. Simone Cerreia-Vioglio & Fabio Maccheroni & Massimo Marinacci, 2015. "On the equality of Clarke-Rockafellar and Greenberg-Pierskalla differentials for monotone and quasiconcave functionals," Working Papers 561, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    4. Vu Thi Huong & Jen-Chih Yao & Nguyen Dong Yen, 2017. "On the Stability and Solution Sensitivity of a Consumer Problem," Journal of Optimization Theory and Applications, Springer, vol. 175(2), pages 567-589, November.
    5. Jean-Paul Penot, 2015. "Projective dualities for quasiconvex problems," Journal of Global Optimization, Springer, vol. 62(3), pages 411-430, July.
    6. David Canning, 2013. "Axiomatic Foundations For Cost‐Effectiveness Analysis," Health Economics, John Wiley & Sons, Ltd., vol. 22(12), pages 1405-1416, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:joptap:v:159:y:2013:i:3:d:10.1007_s10957-013-0289-5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.