Optimal consumption choice: calculative solution: optimization with constraints

9.1 Lagrange

9.2 The Lagrange formalism

9.3 The Lagrange formalism for the example of the consumption problem

9.4 The Lagrange formalism for the example of a Cobb-Douglas utility function

9.5 The Lagrange formalism for the example of another utility function

9.6 Optimization under constraints with a function to be chosen freely

9.7 The dual problem

9.8 Boundary solutions

9.9 The derived demand: Engel curves and demand curve

9.2 The Lagrange formalism

9.3 The Lagrange formalism for the example of the consumption problem

9.4 The Lagrange formalism for the example of a Cobb-Douglas utility function

9.5 The Lagrange formalism for the example of another utility function

9.6 Optimization under constraints with a function to be chosen freely

9.7 The dual problem

9.8 Boundary solutions

9.9 The derived demand: Engel curves and demand curve

(c) by Christian Bauer

Prof. Dr. Christian Bauer

Chair of monetary economics

Trier University

D-54296 Trier

Tel.: +49 (0)651/201-2743

E-mail: Bauer@uni-trier.de

URL: https://www.cbauer.de