摘要:The Kuhn-Tucker conditions have been used to derive many significant results in economics. However, thus far, their derivation has been a little bit troublesome. The author directly derives the Kuhn-Tucker conditions by applying a corollary of Farkas’s lemma under the Mangasarian-Fromovitz constraint qualification and shows the boundedness of Lagrange multipliers.
关键词:Farkas’s Lemma; Kuhn-Tucker Conditions; The Method of Lagrange Multipliers; Economics