Abstract
Some recent work on dynamic incentive constraints poses the question of existence and regularity of Lagrange multipliers in optimization problems in infinite dimension with infinitely many-side constraints, which may not be concave. We provide sufficient conditions for Lagrange multipliers to exist and be represented by a sequence.
Original language | English (US) |
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Pages (from-to) | 365-380 |
Number of pages | 16 |
Journal | Journal of Mathematical Economics |
Volume | 29 |
Issue number | 4 |
DOIs | |
State | Published - May 1998 |