35The point at which the constraint would bind (if that point could be attained) is the 
for which
which is 
and the consumption function will be defined by ![˚c(m)= min[m,c#+ (m- c#)κ]](BufferStockTheory779x.png)
.
35The point at which the constraint would bind (if that point could be attained) is the for which
which is and the consumption function will be defined by .