Maximum theorem

The maximum theorem provides conditions for the continuity of an optimized function and the set of its maximizers with respect to its parameters. The statement was first proven by Claude Berge in 1959.[1] The theorem is primarily used in mathematical economics and optimal control.

  1. ^ Ok, Efe (2007). Real Analysis with Economics Applications. Princeton University Press. p. 306. ISBN 978-0-691-11768-3.