• Title of article

    The asymptotic optimal partition and extensions of the Nonsubstitution Theorem Original Research Article

  • Author/Authors

    Julio-Roberto Hasfura-Buenaga، نويسنده , , Allen Holder، نويسنده , , Jeffrey Stuart، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2005
  • Pages
    23
  • From page
    145
  • To page
    167
  • Abstract
    The data describing an asymptotic linear program relies on a single parameter, usually referred to as time, and unlike parametric linear programming, asymptotic linear programming is concerned with the steady-state behavior as time increases to infinity. The fundamental result of this work shows that the optimal partition of an asymptotic linear program attains a steady-state for a large class of functions. Consequently, this allows us to define an asymptotic center solution. We show that this solution inherits the analytic properties of the functions used to describe the feasible region. Moreover, our results allow significant extensions of an economics result known as the Nonsubstitution Theorem.
  • Keywords
    Asymptotic linear programming , Analytic matrix theory , Mathematical economics , Optimal partition , Nonsubstitution theorem
  • Journal title
    Linear Algebra and its Applications
  • Serial Year
    2005
  • Journal title
    Linear Algebra and its Applications
  • Record number

    824654