On Envelope Theorems in Economics: Inspired by a Revival of a Forgotten Lecture

Karl-Gustaf Löfgren ()
Additional contact information
Karl-Gustaf Löfgren: Department of Economics, Umeå University, Postal: S 901 87 Umeå, Sweden

No 830, Umeå Economic Studies from Umeå University, Department of Economics

Abstract: This paper studies how envelope theorems have been used in Economics, their history and also who first introduced them. The existing literature is full of them and the reason is that all families of optimal value functions can produce them. The paper is driven by curiosity, but hopefully it will give the reader some new insights.

Keywords: Envelope theorems; names and history; value functions (search for similar items in EconPapers)
JEL-codes: B16 B21 B40 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2011-09-16
New Economics Papers: this item is included in nep-his and nep-hpe
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.econ.umu.se/DownloadAsset.action?conten ... Id=3&assetKey=ues830 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hhs:umnees:0830

Access Statistics for this paper

More papers in Umeå Economic Studies from Umeå University, Department of Economics Department of Economics, Umeå University, S-901 87 Umeå, Sweden. Contact information at EDIRC.
Bibliographic data for series maintained by David Skog ().