Show that 1. V*(y) is a closed convex set containing V(y) 2. If V(y) is convex and
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1. V*(y) is a closed convex set containing V(y)
2. If V(y) is convex and monotonic, then V*(y) = V(y)
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1 Since is the intersection of closed convex sets it is closed and ...View the full answer
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