Maximum theorem

The maximum theorem provides conditions for the continuity of an optimized function and the set of its maximizers as a parameter changes. The statement was first proven by Claude Berge in 1959. The theorem is primarily used in mathematical economics.

Maximum theorem

The maximum theorem provides conditions for the continuity of an optimized function and the set of its maximizers as a parameter changes. The statement was first proven by Claude Berge in 1959. The theorem is primarily used in mathematical economics.