Envelope and sensitivity analysis 'in the large'

Authors
Chavas, JP
Citation
Jp. Chavas, Envelope and sensitivity analysis 'in the large', ECON LETT, 70(3), 2001, pp. 295-301
Citations number
7
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
70
Issue
3
Year of publication
2001
Pages
295 - 301
Database
ISI
SICI code
0165-1765(200103)70:3<295:EASA'T>2.0.ZU;2-6
Abstract
New results on global sensitivity analysis are derived. Relying on the sadd le-point characterization of the Lagrangean, simple yet powerful results ar e shown to hold under general conditions. A generalized envelope result is obtained. It does not require differentiability assumptions or unique solut ion, and it holds for discrete changes. (C) 2001 Elsevier Science B.V. All rights reserved.