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(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
 
Creator Fabella, Raul V.
 
Subject
 
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.
 
Publisher UPSE Discussion Papers
 
Contributor
 
Date 2010-08-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/315
 
Source UPSE Discussion Papers; 1983
 
Language eng
 
Relation http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/315/376