concavity
- noun
- /kɒnˈkævɪti/
- Specialized
- To determine the concavity of the function, we analyze the second derivative of its graph.
- concavity violations
Examples
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Given the concavity of the revenue function R(Q), the optimal condition is:
Academic text (1990) -
The above equation holds because of the concavity of the cost function and the constraints.
Academic text (1997) -
These are places where the concavity might change.
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It's the same thing as getting concavity of the expenditure function.
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And then to find the concavity, we take the derivative of DYDX.
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Concavity violations were not found in most cases for the properties of the translog cost function.
Academic text (1993) -
However, the estimation results of the present study indicate no violation of concavity and monotonicity for all sectors studied.
Academic text (1993) -
The use of the translog form in the energy cost function sometimes violates consistency in economic theories, such as concavity and monotonicity.
Academic text (1993) -
However, considering the appropriate results of concavity and the significance of the elasticity estimates, aggregates of oil and gas were assumed for every sector in the study.
Academic text (1993) -
Projective geometry, minimal surfaces, elliptical orbits, and concavity are some of the mathematical concepts conveyed in a hands-on fashion.
Academic text (2001)
Antonyms
Surface Forms
Morphology
Etymology
The word concavity comes from Latin con- and cavus meaning 'hollow', the same root in cave and cavity. In math that 'hollow' picture helps: a concave curve bends inward like a bowl, which is why it has one clear highest point and is easier to find the top value.