Interior optima and the Inada conditions
Gabriele Camera () and
Economics Letters, 2008, vol. 99, issue 2, 293-297
We present a new proof of the interiority of the policy function based on the Inada conditions. It is based on supporting properties of concave functions.
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Working Paper: Interior Optima and the Inada Conditions (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:99:y:2008:i:2:p:293-297
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