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Lagrange multipliers in incentive-constrained problems

Research output: Contribution to journalArticlepeer-review

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 languageEnglish (US)
Pages (from-to)365-380
Number of pages16
JournalJournal of Mathematical Economics
Volume29
Issue number4
DOIs
StatePublished - May 1998

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