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1. ### Non-convexity (economics) - Wikipedia

en.wikipedia.org/wiki/Non-convexity_(economics)

In economics, non-convexity refers to violations of the convexity assumptions of elementary economics. Basic economics textbooks concentrate on consumers with convex preferences (that do not prefer extremes to in-between values) and convex budget sets and on producers with convex production sets ; for convex models, the predicted economic behavior is well understood.

2. ### Non-convexity (economics) — Wikipedia Republished // WIKI 2

wiki2.org/en/Non-convexity_(economics)

Non-con­vex sets arise also with en­vi­ron­men­tal goods (and other ex­ter­nal­i­ties ), and with mar­ket failures, and pub­lic eco­nom­ics. Non-con­vex­i­ties occur also with in­for­ma­tion eco­nom­ics, and with stock mar­kets (and other in­com­plete mar­kets ).

3. ### Convexity in economics - Wikipedia

en.wikipedia.org/wiki/Convexity_in_economics

Convexity is an important topic in economics. In the Arrow–Debreu model of general economic equilibrium, agents have convex budget sets and convex preferences: At equilibrium prices, the budget hyperplane supports the best attainable indifference curve. The profit function is the convex conjugate of the cost function. Convex analysis is the standard tool for analyzing textbook economics. Non‑convex phenomena in economics have been studied with nonsmooth analysis, which generalizes convex ...

4. ### Non-convexity (economics) - WikiMili, The Free Encyclopedia

wikimili.com/en/Non-convexity_(economics)

In economics , non-convexity refers to violations of the convexity assumptions of elementary economics. Basic economics textbooks concentrate on consumers with convex preferences (that do not prefer extremes to in-between values) and convex budget sets and on producers with convex production sets; for convex models, the predicted economic behavior is well understood.

5. ### Convex - Wikipedia

en.wikipedia.org/wiki/Convexity

Non-convexity (economics), violations of the convexity assumptions of elementary economics Obtuse angle Disambiguation page providing links to topics that could be referred to by the same search term

What is convexity in economics?

What is the function of convex in economics?

What is contemporary economics?

7. ### Non-convexity (economics) - Wikiwand

origin-production.wikiwand.com/en/Non-convexity_(economics)

In economics, non-convexity refers to violations of the convexity assumptions of elementary economics.

8. ### Talk:Non-convexity (economics) - Wikipedia

en.wikipedia.org/wiki/Talk:Non-convexity_(economics)

Talk:Non-convexity (economics) This article is within the scope of WikiProject Mathematics, a collaborative effort to improve the coverage of Mathematics on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.

9. ### Convexity in economics — Wikipedia Republished // WIKI 2

wiki2.org/en/Convexity_in_economics

Main article: Non-convexity (economics) See also: Shapley–Folkman lemma When consumer preferences have concavities, then the linear budgets need not support equilibria: Consumers can jump between allocations.

10. ### Non-convexity (economics) | Semantic Scholar

www.semanticscholar.org/topic/Non-convexity...

In economics, non-convexity refers to violations of the convexity assumptions of elementary economics. Basic economics textbooks concentrate on consumers with convex preferences (that do not prefer extremes to in-between values) and convex budget sets and on producers with convex production sets; for convex models, the predicted economic behavior is well understood.

11. ### WikiZero - Convexity in economics

www.wikizero.com/en/Convexity_in_economics

Non‑convex sets have been incorporated in the theories of general economic equilibria, of market failures, and of public economics. These results are described in graduate-level textbooks in microeconomics , [7] general equilibrium theory, [8] game theory , [9] mathematical economics , [10] and applied mathematics (for economists). [11]