Linear programming on non-compact polytopes and the Kuratowski convergence with application in economics

Abstract

The aims of this article are two-fold. First, we give a geometric characterization of the optimal basic solutions of the general linear programming problem (no compactness assumptions) and provide a simple, self-contained proof of it together with an economical interpretation. Then, we turn to considering a dynamic version of the linear programming problem in that we consider the Kuratowski convergence of polyhedra and study the behaviour of optimal solutions. Our methods are purely geometric.

0

Turn this paper into a lesson

ArcXiv compiles a structured reading guide from this paper's metadata: plain-English importance, contributions, prerequisite concepts, which sections to read first, flashcards, and a quiz. Grounded in the abstract, never invented.

Discussion (0)

Sign in to join the discussion.

Loading comments…