效用限制線問題 - 經濟

Callum avatar
By Callum
at 2014-01-05T16:50

Table of Contents

問題 :
The utility of A(aconsumer/borrower)is U(C1,C2)=C1C2, where C1 is the

consumption today and C2 is the consumpyion tomorrow. A has $Y1 today

and $Y2 tomorrow, Y1<Y2. To simplify, assume that interest rate is r=0

and therefore the budget constraint is C1+C2=Y1+Y2. The consumer has a

credit limit of $q so that C1-Y1<=q. The utility maximization problem is

: max C1C2

subject to : C1+C2=Y1+Y2, C1-Y1<=q

(a) State the Lagrangian of the problem and the K-T conditions

(b) Find the solution (there 2 cases)

第一小題没什麼問題,但不懂第二小題為什麼有兩個cases

希望大家解答,謝謝:)

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Tags: 經濟

All Comments

Thomas avatar
By Thomas
at 2014-01-07T05:00
當q小於某個值時,會出現角解

請問兩段式訂價 MC線水平

Christine avatar
By Christine
at 2014-01-03T22:15
請問為什麼 兩段式訂價 MC線要畫水平 能否畫正斜率 - ...

請問一題獨佔的最大收益

Victoria avatar
By Victoria
at 2014-01-03T08:58
※ 引述《jim505082000 (一直打鐵)》之銘言: : The following table provides information on the price, quantity, and average : cost for a monopoly. At what price will the ...

物價與GDP之間的關聯

Ida avatar
By Ida
at 2014-01-02T22:31
你直接用物價起手當然解不出來 因為物價是兩軸變數 兩軸變數改變根本不會移動AD或是AS 起手式應該是討論 1.貨幣政策(貨幣學派)所造成的AD右移,所造成物價上漲 2.財政政策(Keynes學派)所造成的AD右移,所造成物價上漲 3.總供給減少(供給面學派),所造成的AD左移,所造成物價上漲 ...

請問一題獨佔的最大收益

Joseph avatar
By Joseph
at 2014-01-02T22:20
The following table provides information on the price, quantity, and average cost for a monopoly. At what price will the firm maximize its profit? Price ...

物價與GDP之間的關聯

Zora avatar
By Zora
at 2014-01-02T22:01
各位高手好,小弟不是經濟系出生,但目前研究所正在修經濟學的學分 問的題目可能對各位來說有點簡單,還請多多包涵 老師作業出了一題:請解釋物價與GDP之間的關聯 我想說用AD-AS模型來看的話,物價上漲,總需求就下降,總供給就上升 但我這時就卡住了!那GDP到底是會上升還是下降呢? 課本只說這時供給 ...