Open AccessTechnical Note—Optimality Conditions and Recession Cones
Author(s) -
Robert A. Abrams,
Adi Ben-Israel
Publication year - 1975
Publication title -
operations research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 3.797
H-Index - 140
eISSN - 1526-5463
pISSN - 0030-364X
DOI - 10.1287/opre.23.3.549
Subject(s) - recession , mathematical optimization , mathematical economics , mathematics , economics , computer science , keynesian economics
Recession cones of functions and sets are characterized as intersections of directions of decrease and feasible directions, respectively. Relations between local optimality conditions and global conditions for the existence of optimal points are then studied.
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