Solving the utility maximization problem with CES and Cobb-Douglas utility function via mathematical inequalities
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- Teng, Jinn-Tsair, 2009. "A simple method to compute economic order quantities," European Journal of Operational Research, Elsevier, vol. 198(1), pages 351-353, October.
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Keywords
Utility maximization problem; CES and Cobb-Douglas utility function; mathematical inequalities; without calculus;All these keywords.
JEL classification:
- C69 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Other
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
NEP fields
This paper has been announced in the following NEP Reports:- NEP-UPT-2015-07-25 (Utility Models and Prospect Theory)
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