Article ID Journal Published Year Pages File Type
5059549 Economics Letters 2013 4 Pages PDF
Abstract
We prove a relationship between the bordered Hessian in an equality constrained extremum problem and the Hessian of the equivalent lower-dimension unconstrained problem. This relationship can be used to derive principal minor conditions for the former from the relatively simple and accessible conditions for the latter.
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Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
On second order conditions for equality constrained extremum problems
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