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Explanation of Constrained Optimization for Economists (ePub)

(Sprache: Englisch)
 
 
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In a constrained optimization problem, the decisionmaker wants to select the “optimal” choice – the one most valuable to him or her – that also meets all of the constraints imposed by the problem. Such problems are at the heart of modern economics, where...
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Bestellnummer: 106620835

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