(DP 1983-10) Some Well-Behaved Composition Functions Involving Nonconcave Argument Functions
UPSE Discussion Papers
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Title |
(DP 1983-10) Some Well-Behaved Composition Functions Involving Nonconcave Argument Functions
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Creator |
Fabella, Raul V.
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Subject |
—
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Description |
Quasi-concavity is the criterion for well-behaveness in our composition functions. Negishi (1963) has shown how to generate quasi-concave composition functions when the argument functions are concave. We show here that one can generate quasi-concave composition functions even when the argument functions are nonconcave. The trick is to find interesting and "compatible" subfamilies in the quasi-concave family that, in composition, compensate for non-concavity of the argument functions and as a result keep the composition function within the quasi-concave family.
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Publisher |
UPSE Discussion Papers
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Contributor |
—
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Date |
2010-08-31
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/315
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Source |
UPSE Discussion Papers; 1983
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Language |
eng
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Relation |
http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/315/376
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