Table 3 Constraints and boundary values... | Emerald Publishing

Table 3

Constraints and boundary values related to wage in kind

Constraints	$1 - (a + b l) > 0$		$1 - [\underline{ψ} (\underline{a} + b \underline{l})] > 0$	$1 < \frac{\overline{a} + b \overline{l}}{\underline{a} + b \underline{l}} < \frac{\overline{ϕ}}{\underline{ϕ}}$
Definition of boundary values	$b^{u} = \frac{1 - \overline{a}}{\overline{l}}$	$b^{d} = \frac{1 - \underline{a}}{\underline{l}}$	$\underline{b} = \frac{(\underline{ϕ} / \overline{ϕ}) - \underline{a}}{\underline{l}}$	$b^{a} = \frac{\overline{a} - (\overline{ϕ} / \underline{ϕ}) \underline{a}}{(\overline{ϕ} / \underline{ϕ}) \underline{l} - \overline{l}}$	$b^{c} = \frac{\overline{a} - \underline{a}}{\underline{l} - \overline{l}}$
Range of values	$b < b^{u}$	$b < b^{d}$	$b < \underline{b}$	$b^{a} < b < b^{c}$
Calculation of boundary values	$b^{u} = 0.055556$	$b^{d} = 0.05$	$\underline{b} = 0.04$	$b^{a} = 0.021739$	$b^{c} = 0.041667$

Source(s): Table created by author