# Tagged Questions

**-1**

votes

**1**answer

137 views

### To what equal constant in the Gibbs lemma

The Gibbs lemma is broadly used in games theory and in mathematical economics (optimal distributions of resourses, Cournot competition e.t.c.). Here it is:
Lemma (Gibbs). $f_1,f_2,\ldots,f_n$ be ...

**2**

votes

**2**answers

205 views

### Equitable division of a contiguous resource

I have come across the following result regarding equitable division of a resource, which is a simple and immediate consequence of linear programming complementarity (in the infinite-dimensional ...

**-1**

votes

**2**answers

586 views

### Optimal tax Rate

Assume you have two countries A and B, with a tax rates $T_A$ and $T_B$. The tax is redistributed to each people equally. Hence if you live in A and you make $I$ as income then you will finally ...

**14**

votes

**3**answers

945 views

### Fairest way to choose gifts

Suppose that a parent brings home from a trip $2n$ gifts of roughly
equal value for his/her two children. The children get to choose one
at a time which gifts they want. What is the fairest way to do ...

**-1**

votes

**2**answers

352 views

### Continuous optimization

I'm interested in the solution to the following problem:
I have initial capital $C$ which I can invest into $M$ classes of
resources, each unit of a class $m_i$ matures at time $t_i$, has a
return of ...

**2**

votes

**1**answer

334 views

### Is the max of two supermodular functions supermodular?

The supermodularity means for every $x'>x$ and $y'>y$,
$$f(x',y') + f(x,y) > f(x',y) + f(x,y').$$
Suppose $f$ and $g$ are supermodular, non-negative and increasing in both arguments.
Is the ...