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JOURNALS // Izvestiya Vysshikh Uchebnykh Zavedenii. Matematika // Archive

Izv. Vyssh. Uchebn. Zaved. Mat., 2019 Number 11, Pages 3–9 (Mi ivm9510)

This article is cited in 1 paper

The construction of a production function from the restriction to the simplex

E. M. Bronshtein

Ufa State Aviation Technical University, 12 K. Marks str., Ufa, 450000 Russia

Abstract: We obtain conditions for a function defined on a standard simplex in $\mathbb R^n$, for which its $\alpha$-homogeneous extension to a nonnegative orthant has the properties of a production function (nondecreasing for all variables, concavity). We study some standard functions on a simplex for the first property.

Keywords: production function, simplex, nondecreasing, concavity.

UDC: 517.518

Received: 09.07.2018
Revised: 09.07.2018
Accepted: 19.12.2018

DOI: 10.26907/0021-3446-2019-11-3-9


 English version:
Russian Mathematics (Izvestiya VUZ. Matematika), 2019, 63:11, 1–6

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