Essays Tagged: "Lagrange Multiplier"

A behavioral theory of the firm (Cyert and March)

goals exist in firms, they do not solve the problem given that for maximization problem we can use Lagrange Multiplier or constraints to the objective function directly. Expectations and decisions of ... se in point, they do not give a specific goal for the firm but their views on it seem pretty like a Lagrange function of goals of all the participants with cost functions representing the negotiation ...

(3 pages) 4 0 0.0 Aug/2014

Subjects: Businesss Research Papers > Management