Deriving the Euler Equation - Economics Stack Exchange You'll need to complete a few actions and gain 15 reputation points before being able to upvote Upvoting indicates when questions and answers are useful What's reputation and how do I get it? Instead, you can save this post to reference later
Second Order Condition - Always means second derivative? In optimisation, does First Order Condition (FOC) always mean a condition for a max min related to the first derivative Similarly, is Second Order Condition (SOC), called second order because it relates to the second derivative?
FOCs for profit maximization using a transformation function You'll need to complete a few actions and gain 15 reputation points before being able to upvote Upvoting indicates when questions and answers are useful What's reputation and how do I get it? Instead, you can save this post to reference later