Skip to main content Accessibility help
×
Hostname: page-component-77c89778f8-vsgnj Total loading time: 0 Render date: 2024-07-24T16:25:07.641Z Has data issue: false hasContentIssue false

2 - Lagrangean Theory

Published online by Cambridge University Press:  05 June 2012

Quirino Paris
Affiliation:
University of California, Davis
Get access

Summary

The purpose of this chapter is to outline an overview of the basic criteria for characterizing the solution of static optimization problems. Its intent is neither rigor nor generality but a sufficient understanding for the logic leading to the conditions of optimization and a sufficient degree of practicality. An immediate issue is whether we are satisfied with relative optima or require global optima as the solution of our problems. Any further elaboration necessitates a definition of these two notions.

Definition: A point x* ∈ Rn is a relative (or local) maximum point of a function f defined over Rn if there exists an ε > 0 such that f(x*) ≥ f(x) for all xRn and |x - x*| < ε.

A point x* ∈ Rn is a strict relative (or local) maximumpoint of a function f defined over Rn if there exists an ε > 0 such that f(x*) > f(x) for all xRn and |x - x*| < ε.

In general, we would like to deal with solution points that correspond to global optima.

Definition: A point x* ∈ Rn is a global maximum point of a function f defined over Rn if f (x*) ≥ f (x) for all xRn.

Apoint x* ∈ Rn is a strict global maximum point of a function f defined over Rn if f (x*) > f (x) for all xRn.

Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 2010

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

  • Lagrangean Theory
  • Quirino Paris, University of California, Davis
  • Book: Economic Foundations of Symmetric Programming
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511761782.004
Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

  • Lagrangean Theory
  • Quirino Paris, University of California, Davis
  • Book: Economic Foundations of Symmetric Programming
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511761782.004
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Lagrangean Theory
  • Quirino Paris, University of California, Davis
  • Book: Economic Foundations of Symmetric Programming
  • Online publication: 05 June 2012
  • Chapter DOI: https://doi.org/10.1017/CBO9780511761782.004
Available formats
×