Josheski, Dushko and Karamazova Gelova, Elena (2013) Kuhn-Tucker Theorem Foundations and its Basic Application in the Mathematical Economics. The Open Access Publication Server of the ZBW – Leibniz Information Centre for Economics.
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Abstract
In this paper the issue of mathematical programming and optimization has being
revisited. The theory of optimization deals with the development of models and methods
that determine optimal solutions to mathematical problems defined. Mathematical model
must be some function of any solution that accompanies a value which is a measure of
quality. In mathematics Kuhn-Tucker conditions are first order necessary conditions for
a solution in non-linear programming. Under, certain specific circumstances, Kuhn-
Tucker conditions are necessary and sufficient conditions as well. In this paper it is also
introduced the use of these mathematical methods of optimization in economics.
| Item Type: | Article |
|---|---|
| Subjects: | Social Sciences > Economics and business Natural sciences > Matematics |
| Divisions: | Faculty of Tourism and Business Logistics |
| Depositing User: | Dusko Josevski |
| Date Deposited: | 28 Oct 2013 15:16 |
| Last Modified: | 19 Dec 2022 12:47 |
| URI: | https://eprints.ugd.edu.mk/id/eprint/7743 |
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