Keywords

#corner_solution

Corner solution

In mathematics and economics, a corner solution is a special solution to an agent's maximization problem in which the quantity of one of the arguments in the maximized function is zero. In non-technical terms, a corner solution is when the chooser is either unwilling or unable to make a trade-off between goods.

Wed 6th

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Corner solution Inframarginal analysis Censored regression model Isoquant Slitherlink Budget constraint Utility maximization problem Feasible region Truncated normal hurdle model List of numerical analysis topics
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