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Convexity In Economics
Convexity is an important topic in economics. In the Arrow–Debreu model of general economic equilibrium, agents have convex budget sets and convex preferences: At equilibrium prices, the budget hyperplane supports the best attainable indifference curve. The profit function is the convex conjugate of the cost function. Convex analysis is the standard tool for analyzing textbook economics. Non‑convex phenomena in economics have been studied with nonsmooth analysis, which generalizes convex analysis. Preliminaries The economics depends upon the following definitions and results from convex geometry. Real vector spaces A real vector space of two dimensions may be given a Cartesian coordinate system in which every point is identified by a list of two real numbers, called "coordinates", which are conventionally denoted by ''x'' and ''y''. Two points in the Cartesian plane can be '' added'' coordinate-wise : (''x''1, ''y''1) + (''x''2, ''y''2) = (''x''1+''x''2, ''y ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
C Subcategories
C, or c, is the third letter in the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''cee'' (pronounced ), plural ''cees''. History "C" comes from the same letter as "G". The Semites named it gimel. The sign is possibly adapted from an Egyptian hieroglyph for a staff sling, which may have been the meaning of the name ''gimel''. Another possibility is that it depicted a camel, the Semitic name for which was ''gamal''. Barry B. Powell, a specialist in the history of writing, states "It is hard to imagine how gimel = "camel" can be derived from the picture of a camel (it may show his hump, or his head and neck!)". In the Etruscan language, plosive consonants had no contrastive voicing, so the Greek ' Γ' (Gamma) was adopted into the Etruscan alphabet to represent . Already in the Western Greek alphabet, Gamma first took a '' form in Early Etruscan, then '' in Classical Et ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Line Segment
In geometry, a line segment is a part of a straight line that is bounded by two distinct end points, and contains every point on the line that is between its endpoints. The length of a line segment is given by the Euclidean distance between its endpoints. A closed line segment includes both endpoints, while an open line segment excludes both endpoints; a half-open line segment includes exactly one of the endpoints. In geometry, a line segment is often denoted using a line above the symbols for the two endpoints (such as \overline). Examples of line segments include the sides of a triangle or square. More generally, when both of the segment's end points are vertices of a polygon or polyhedron, the line segment is either an edge (of that polygon or polyhedron) if they are adjacent vertices, or a diagonal. When the end points both lie on a curve (such as a circle), a line segment is called a chord (of that curve). In real or complex vector spaces If ''V'' is a vector space o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crescent
A crescent shape (, ) is a symbol or emblem used to represent the lunar phase in the first quarter (the "sickle moon"), or by extension a symbol representing the Moon itself. In Hinduism, Lord Shiva is often shown wearing a crescent moon on his head symbolising that the lord is the master of time and is himself timeless. It is used as the astrological symbol for the Moon, and hence as the alchemical symbol for silver. It was also the emblem of Diana/Artemis, and hence represented virginity. In Christianity Marian veneration, it is associated with the Virgin Mary. From its use as roof finial in Ottoman era mosques, it has also become associated with Islam, and the crescent was introduced as chaplain badge for Muslim chaplains in the US military in 1993.On December 14, 1992, the Army Chief of Chaplains requested that an insignia be created for future Muslim chaplains, and the design (a crescent) was completed January 8, 1993. Emerson, William K., ''Encyclopedia of United St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cube (geometry)
In geometry, a cube is a three-dimensional solid object bounded by six square faces, facets or sides, with three meeting at each vertex. Viewed from a corner it is a hexagon and its net is usually depicted as a cross. The cube is the only regular hexahedron and is one of the five Platonic solids. It has 6 faces, 12 edges, and 8 vertices. The cube is also a square parallelepiped, an equilateral cuboid and a right rhombohedron a 3- zonohedron. It is a regular square prism in three orientations, and a trigonal trapezohedron in four orientations. The cube is dual to the octahedron. It has cubical or octahedral symmetry. The cube is the only convex polyhedron whose faces are all squares. Orthogonal projections The ''cube'' has four special orthogonal projections, centered, on a vertex, edges, face and normal to its vertex figure. The first and third correspond to the A2 and B2 Coxeter planes. Spherical tiling The cube can also be represented as a spherical t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cover (mathematics)
In mathematics, and more particularly in set theory, a cover (or covering) of a set X is a collection of subsets of X whose union is all of X. More formally, if C = \lbrace U_\alpha : \alpha \in A \rbrace is an indexed family of subsets U_\alpha\subset X, then C is a cover of X if \bigcup_U_ = X. Thus the collection \lbrace U_\alpha : \alpha \in A \rbrace is a cover of X if each element of X belongs to at least one of the subsets U_. Cover in topology Covers are commonly used in the context of topology. If the set X is a topological space, then a ''cover'' C of X is a collection of subsets \_ of X whose union is the whole space X. In this case we say that C ''covers'' X, or that the sets U_\alpha ''cover'' X. Also, if Y is a (topological) subspace of X, then a ''cover'' of Y is a collection of subsets C=\_ of X whose union contains Y, i.e., C is a cover of Y if :Y \subseteq \bigcup_U_. That is, we may cover Y with either open sets in Y itself, or cover Y by open sets in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Extreme Points
In mathematics, an extreme point of a convex set S in a real or complex vector space is a point in S which does not lie in any open line segment joining two points of S. In linear programming problems, an extreme point is also called vertex or corner point of S. Definition Throughout, it is assumed that X is a real or complex vector space. For any p, x, y \in X, say that p x and y if x \neq y and there exists a 0 < t < 1 such that If is a subset of and then is called an of if it does not lie between any two points of That is, if there does exist and such that and The set of all extreme points of is denoted by Generalizations If is a subset of a vector space then a linear ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vector Addition
In mathematics, physics, and engineering, a Euclidean vector or simply a vector (sometimes called a geometric vector or spatial vector) is a geometric object that has magnitude (or length) and direction. Vectors can be added to other vectors according to vector algebra. A Euclidean vector is frequently represented by a '' directed line segment'', or graphically as an arrow connecting an ''initial point'' ''A'' with a ''terminal point'' ''B'', and denoted by \overrightarrow . A vector is what is needed to "carry" the point ''A'' to the point ''B''; the Latin word ''vector'' means "carrier". It was first used by 18th century astronomers investigating planetary revolution around the Sun. The magnitude of the vector is the distance between the two points, and the direction refers to the direction of displacement from ''A'' to ''B''. Many algebraic operations on real numbers such as addition, subtraction, multiplication, and negation have close analogues for vectors, operation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Operation (mathematics)
In mathematics, an operation is a function which takes zero or more input values (also called "'' operands''" or "arguments") to a well-defined output value. The number of operands is the arity of the operation. The most commonly studied operations are binary operations (i.e., operations of arity 2), such as addition and multiplication, and unary operations (i.e., operations of arity 1), such as additive inverse and multiplicative inverse. An operation of arity zero, or nullary operation, is a constant. The mixed product is an example of an operation of arity 3, also called ternary operation. Generally, the arity is taken to be finite. However, infinitary operations are sometimes considered, in which case the "usual" operations of finite arity are called finitary operations. A partial operation is defined similarly to an operation, but with a partial function in place of a function. Types of operation There are two common types of operations: unary a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Set (mathematics)
A set is the mathematical model for a collection of different things; a set contains '' elements'' or ''members'', which can be mathematical objects of any kind: numbers, symbols, points in space, lines, other geometrical shapes, variables, or even other sets. The set with no element is the empty set; a set with a single element is a singleton. A set may have a finite number of elements or be an infinite set. Two sets are equal if they have precisely the same elements. Sets are ubiquitous in modern mathematics. Indeed, set theory, more specifically Zermelo–Fraenkel set theory, has been the standard way to provide rigorous foundations for all branches of mathematics since the first half of the 20th century. History The concept of a set emerged in mathematics at the end of the 19th century. The German word for set, ''Menge'', was coined by Bernard Bolzano in his work ''Paradoxes of the Infinite''. Georg Cantor, one of the founders of set theory, gave the following ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scalar Multiplication
In mathematics, scalar multiplication is one of the basic operations defining a vector space in linear algebra (or more generally, a module in abstract algebra). In common geometrical contexts, scalar multiplication of a real Euclidean vector by a positive real number multiplies the magnitude of the vector—without changing its direction. The term " scalar" itself derives from this usage: a scalar is that which scales vectors. Scalar multiplication is the multiplication of a vector by a scalar (where the product is a vector), and is to be distinguished from inner product of two vectors (where the product is a scalar). Definition In general, if ''K'' is a field and ''V'' is a vector space over ''K'', then scalar multiplication is a function from ''K'' × ''V'' to ''V''. The result of applying this function to ''k'' in ''K'' and v in ''V'' is denoted ''k''v. Properties Scalar multiplication obeys the following rules ''(vector in boldface)'': * Additivity in the scalar: ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Euclidean Vector
In mathematics, physics, and engineering, a Euclidean vector or simply a vector (sometimes called a geometric vector or spatial vector) is a geometric object that has magnitude (or length) and direction. Vectors can be added to other vectors according to vector algebra. A Euclidean vector is frequently represented by a '' directed line segment'', or graphically as an arrow connecting an ''initial point'' ''A'' with a ''terminal point'' ''B'', and denoted by \overrightarrow . A vector is what is needed to "carry" the point ''A'' to the point ''B''; the Latin word ''vector'' means "carrier". It was first used by 18th century astronomers investigating planetary revolution around the Sun. The magnitude of the vector is the distance between the two points, and the direction refers to the direction of displacement from ''A'' to ''B''. Many algebraic operations on real numbers such as addition, subtraction, multiplication, and negation have close analogues for vectors, operati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cartesian Coordinate System
A Cartesian coordinate system (, ) in a plane is a coordinate system that specifies each point uniquely by a pair of numerical coordinates, which are the signed distances to the point from two fixed perpendicular oriented lines, measured in the same unit of length. Each reference coordinate line is called a ''coordinate axis'' or just ''axis'' (plural ''axes'') of the system, and the point where they meet is its ''origin'', at ordered pair . The coordinates can also be defined as the positions of the perpendicular projections of the point onto the two axes, expressed as signed distances from the origin. One can use the same principle to specify the position of any point in three-dimensional space by three Cartesian coordinates, its signed distances to three mutually perpendicular planes (or, equivalently, by its perpendicular projection onto three mutually perpendicular lines). In general, ''n'' Cartesian coordinates (an element of real ''n''-space) specify the point in an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
