A new proof of the maximum principle

Ngo Long and Koji Shimomura

Economic Theory, 2003, vol. 22, issue 3, 674 pages

Abstract: We offer a new proof of the maximum principle, by using the envelope theorem that is frequently used in the standard microeconomic theory. Copyright Springer-Verlag Berlin Heidelberg 2003

Keywords: Keywords and Phrases: Maximum principle; Envelope theorem.; JEL Classification Numbers: C 61. (search for similar items in EconPapers)
Date: 2003
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Working Paper: A New Proof Of The Maximum Principle (2002)
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DOI: 10.1007/s00199-002-0313-8

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