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Finanzmathematik 1 Mathematical finance 1
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Hoy, Michael 1 Kalman, Dan 1
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University of Guelph Department of Economics Discussion Paper 1
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Intuitions About Lagrangian Optimization
Kalman, Dan; Hoy, Michael - 2010
We expose a weakness in an intuitive description popularly associated with the method of Lagrange multipliers and propose an alternative intuition. According to the deficient intuition, the Lagrange technique transforms a constrained optimization problem into an unconstrained optimization...
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