Walrasian budget set 的 Convexity 問題 - 經濟

By Franklin
at 2008-01-22T00:30
at 2008-01-22T00:30
Table of Contents
※ 引述《washburn (Just a game)》之銘言:
By definition, If X is a convex set, then
: x'' = alpha*x + (1-alpha)*x' belongs to LR+, for any alpha belongs to [0,1].
To show B{p,w} is convex, for any a, b belong to B{p,w},
we need to show that c= alpha*a + (1-alpha)*b also belongs to B{p,w}.
First, c belongs to LR is obvious.
Second, p*c=p*(alpha*a + (1-alpha)*b)
=alpha*p*a+(1-alpha)*p*b
<=alpha*w + (1-alpha)*w
<= w
By definition, B{p,w} is a convex set.
Q.E.D.
: Walrasian budget set:B {p,w} = {x belongs to LR: p*x <= w}。
: 請問,為什麼在 X 為 convex 時,B {p,w} 也是 convex?
--
By definition, If X is a convex set, then
: x'' = alpha*x + (1-alpha)*x' belongs to LR+, for any alpha belongs to [0,1].
To show B{p,w} is convex, for any a, b belong to B{p,w},
we need to show that c= alpha*a + (1-alpha)*b also belongs to B{p,w}.
First, c belongs to LR is obvious.
Second, p*c=p*(alpha*a + (1-alpha)*b)
=alpha*p*a+(1-alpha)*p*b
<=alpha*w + (1-alpha)*w
<= w
By definition, B{p,w} is a convex set.
Q.E.D.
: Walrasian budget set:B {p,w} = {x belongs to LR: p*x <= w}。
: 請問,為什麼在 X 為 convex 時,B {p,w} 也是 convex?
--
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By Elizabeth
at 2008-01-26T10:17
at 2008-01-26T10:17
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