A convenient technique used for solving several types of economic problems is to cast them as optimization problems having the line integral of the (inverse) demand and/or supply functions in the objective. But if these functions are non-integrable (having a nonsymmetric Jacobian matrix) then alternative techniques must be used. This paper surveys these and proposes an additional solution technique, based on making the given functions integrable by making a small number of substitutions and iteratively adjusting a parameter associated with each substitution until a solution is found. The technique is particularly applicable when certain neoclassical assumptions are satisfied.
MLA
Carey, Malachy. “Integrability and Mathematical Programming Models: A Survey and a Parametric Approach.” Econometrica, vol. 45, .no 8, Econometric Society, 1977, pp. 1957-1976, https://www.jstor.org/stable/1914120
Chicago
Carey, Malachy. “Integrability and Mathematical Programming Models: A Survey and a Parametric Approach.” Econometrica, 45, .no 8, (Econometric Society: 1977), 1957-1976. https://www.jstor.org/stable/1914120
APA
Carey, M. (1977). Integrability and Mathematical Programming Models: A Survey and a Parametric Approach. Econometrica, 45(8), 1957-1976. https://www.jstor.org/stable/1914120
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