The explicit solution of the profit maximization problem with box-constrained inputs

DOI10.1016/J.AMC.2011.03.116MaRDI QIDQ546049zbMATH OpenOpenAlexFDO

Authors L. Bayón, M. M. Ruiz, P. M. Suárez, José María Grau

Publication date 24 June 2011

Published in Applied Mathematics and Computation (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.amc.2011.03.116

zbMATH Keywords

box constraintsCobb-Douglascost minimizationinfimal convolutionnon-linear programmingoptimization theoryprofit maximization

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Nonlinear programming (90C30) Production theory, theory of the firm (91B38)

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Cites work

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• Microeconomic theory
• Profit maximization with quantity discount: an application of geometric programming

Cited in

(6)

• An alternative approach to solving cost minimization problem with Cobb-Douglas technology
• A nonlinear variational problem of profit maximization with convex costs
• The profit maximization problem in economies of scale
• On the uniqueness of the solution of the cost minimization problem with generalized Sato production function
• The operation of infimal/supremal convolution in mathematical economics
• Profit maximization problem for Cobb--Douglas and CES production functions

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