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Diskussionsbeiträge - Serie II No. 226
Universität Konstanz, Sonderforschungsbereich 178 - Internationalisierung der Wirtschaft, Konstanz
The paper proves a theorem on modified Kuhn-Tucker conditions for the case where a linearly homogenous function is part of the target function. These conditions are necessary and sufficient if target function and constraints satisfy certain re-quirements. Moreover, the envelope theorem can be applied as if the Standard Kuhn-Tucker conditions were valid. An application to a problem in the theory of production illustrates the usefulness of the theorem.
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Working Paper

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