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On envelope theorems in economics: inspired by a forgotten lecture
Umeå University, Faculty of Social Sciences, Department of Economics.
2011 (English)Report (Other academic)
Abstract [en]

This paper studies how envelope theorems have been used in Economics, their history and also who first introduced them. The existing literature is full of them and the reason is that all families of optimal value functions can produce them. The paper is driven by curiosity, but hopefully it will give the reader some new insights.

Place, publisher, year, edition, pages
Umeå: Umeå universitet , 2011. , 20 p.
Umeå economic studies, ISSN 0348-1018 ; 830
Keyword [en]
envelope theorems, names and history, value functions
National Category
Research subject
URN: urn:nbn:se:umu:diva-47715OAI: diva2:444051
Available from: 2011-09-27 Created: 2011-09-27 Last updated: 2015-11-11Bibliographically approved

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Löfgren, Karl-Gustaf
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Department of Economics

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ReferencesLink to record
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