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This article studies continuity and directional differentiability properties of optimal value functions, in particular at boundary points of their domain. We extend and complement standard continuity results from Hogan (SIAM Rev 15:591–603, <CitationRef CitationID="CR12">1973a</CitationRef>) for abstract feasible set mappings under...</citationref>
Persistent link: https://www.econbiz.de/10010999987
This paper introduces novel numerical solution strategies for generalized semi-infinite optimization problems (GSIP), a class of mathematical optimization problems which occur naturally in the context of design centering problems, robust optimization problems, and many fields of engineering...
Persistent link: https://www.econbiz.de/10010896529
We give a generic regularity condition under which each weakly efficient decision making unit in the CCR model of data envelopment analysis is also CCR-efficient. Then we interpret the problem of finding maximal parameters which preserve efficiency of CCR-efficient DMUs under directional...
Persistent link: https://www.econbiz.de/10010999960
We give a generic regularity condition under which each weakly efficient decision making unit in the CCR model of data envelopment analysis is also CCR-efficient. Then we interpret the problem of finding maximal parameters which preserve efficiency of CCR-efficient DMUs under directional...
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After an introduction to main ideas of semi-infinite optimization, this article surveys recent developments in theory and numerical methods for standard and generalized semi-infinite optimization problems. Particular attention is paid to connections with mathematical programs with...
Persistent link: https://www.econbiz.de/10010594991
Many economic models and optimization problems generate (endogenous) shadow prices - alias dual variables or Lagrange multipliers. Frequently the “slopes” of resulting price curves - that is, multiplier derivatives - are of great interest. These objects relate to the Jacobian of the...
Persistent link: https://www.econbiz.de/10008876361