In microeconomics, the expenditure minimization problem is the dual of the utility maximization problem: "how much money do I need to reach a certain level...

code Structural risk minimization Boolean minimization, a technique for optimizing combinational digital circuits Cost-minimization analysis, in pharmacoeconomics...

u^{*})=p_{1}x_{1}^{*}+p_{2}x_{2}^{*}} Expenditure minimization problem Hicksian demand function Slutsky equation Utility maximization problem Budget constraint Consumption...

the utility maximization problem and its dual problem, the expenditure minimization problem, are economic optimization problems. Insofar as they behave...

from the Utility Maximization Problem, Hicksian Demand comes from the Expenditure Minimization Problem. The two problems are mathematical duals, and hence...

j=1}^{L}} . (In consumer theory, the same argument applied to the expenditure minimization problem yields symmetry of the Slutsky matrix.) Suppose now that the...

problem and its dual problem, the expenditure minimization problem for a given level of utility, are economic optimization problems. Theory posits that...

indirect utility function are utility maximization problem (UMP) and expenditure minimization problem (EMP). The UMP considers a consumer who wants to gain...

Government spending or expenditure includes all government consumption, investment, and transfer payments. In national income accounting, the acquisition...

Law) are met, then duality between the expenditure minimization problem and the utility maximization problem tells us that x ( p , w ) = h ( p , v (...

{\displaystyle \lambda >0} yields the same solution to the expenditure minimization problem as the original prices. Thus, 0 = ∂ x i ∂ p 1 p 1 + ⋯ + ∂ x...

(upper or lower bound, depending on whether it is a maximization or minimization problem). In fact, this bounding property holds for the optimal values of...

the Moon with minimum fuel expenditure. Or the dynamical system could be a nation's economy, with the objective to minimize unemployment; the controls...

problems of economic calculation. Mises (1912) applied the marginal utility theory developed by Carl Menger to money. Marginal consumer expenditures represent...

In neuroscience and motor control, the degrees of freedom problem or motor equivalence problem states that there are multiple ways for humans or animals...

states that if indifference curves of the expenditure or cost function are convex, then the cost-minimizing point of a given good ( i {\displaystyle i}...

in evolutionary biology and evolutionary psychology, is any parental expenditure (e.g. time, energy, resources) that benefits offspring. Parental investment...

its expenditure can lend or invest the excess, intending to earn a fair return. Correspondingly, an entity where income is less than expenditure can raise...

filming. The primary objective of talent scheduling is to minimize the total salary expenditure for the actors by optimizing the sequence in which scenes...

performance is that it ignores the need for capital expenditures in its assessment. However, capital expenditures are needed to maintain the asset base which...

misleading comparison of aggregate welfare state expenditure, and also argued that public expenditure should no longer be a measure of comparison and that...

and high cholesterol.[citation needed] Based on data from 2014 Medical Expenditure Panel Survey (MEPS), about 60% of adult Americans were estimated to have...

Effective in Reducing Third-World Arms Imports?", Third-World Military Expenditure and Arms Production, London: Palgrave Macmillan UK, pp. 99–113, doi:10...

change the Basic Law (German constitution) in order to exclude defence expenditure of over 1% of GDP and a second special fund, this time not for defence...

equations, and one solves the problem by minimization of the associated Hamiltonian via Pontryagin's minimum principle. Dual problem George Dantzig Leonid Kantorovich...

healthcare was approximately US$2.30 per person. Approximately 70% of health expenditure came from out-of-pocket contributions. Government allocation for health...

harder. For him, the initial expenditure must not be a diversion of funds from other uses, but an increase in the total expenditure: something impossible –...

the value of a drug justifies its price. Such measures include cost-minimization, cost-benefit, cost-effectiveness, and cost-utility analysis. They take...

dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies. Ramaswamy parted with the incoming...

different types of cost may be relevant in a given routing problem: Travel cost, the resource expenditure required to move across the cell, usually time or energy/fuel...