Envelope and sensitivity analysis ‘in the large’ |
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| Authors: | Jean-Paul Chavas |
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| Affiliation: | Department of Agricultural and Applied Economics, University of Wisconsin, Madison, WI 53706, USA |
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| Abstract: | New results on global sensitivity analysis are derived. Relying on the saddle-point characterization of the Lagrangean, simple yet powerful results are shown to hold under general conditions. A generalized envelope result is obtained. It does not require differentiability assumptions or unique solution, and it holds for discrete changes. |
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| Keywords: | Sensitivity Envelope Global analysis |
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