Bauer's maximum principle is the following theorem in
mathematical optimization
Mathematical optimization (alternatively spelled ''optimisation'') or mathematical programming is the selection of a best element, with regard to some criterion, from some set of available alternatives. It is generally divided into two subfi ...
:
::Any function that is
convex
Convex or convexity may refer to:
Science and technology
* Convex lens, in optics
Mathematics
* Convex set, containing the whole line segment that joins points
** Convex polygon, a polygon which encloses a convex set of points
** Convex polytope ...
and
continuous
Continuity or continuous may refer to:
Mathematics
* Continuity (mathematics), the opposing concept to discreteness; common examples include
** Continuous probability distribution or random variable in probability and statistics
** Continuous ...
, and defined on a set that is
convex
Convex or convexity may refer to:
Science and technology
* Convex lens, in optics
Mathematics
* Convex set, containing the whole line segment that joins points
** Convex polygon, a polygon which encloses a convex set of points
** Convex polytope ...
and
compact
Compact as used in politics may refer broadly to a pact or treaty; in more specific cases it may refer to:
* Interstate compact
* Blood compact, an ancient ritual of the Philippines
* Compact government, a type of colonial rule utilized in British ...
, attains its maximum at some extreme point of that set.
It is attributed to the German mathematician
Heinz Bauer
Heinz Bauer (31 January 1928 – 15 August 2002) was a German mathematician.
Bauer studied at the University of Erlangen-Nuremberg and received his PhD there in 1953 under the supervision of Otto Haupt and finished his habilitation in 1956, b ...
.
Bauer's maximum principle immediately implies the analogue ''minimum principle'':
::Any function that is
concave and
continuous
Continuity or continuous may refer to:
Mathematics
* Continuity (mathematics), the opposing concept to discreteness; common examples include
** Continuous probability distribution or random variable in probability and statistics
** Continuous ...
, and defined on a set that is
convex
Convex or convexity may refer to:
Science and technology
* Convex lens, in optics
Mathematics
* Convex set, containing the whole line segment that joins points
** Convex polygon, a polygon which encloses a convex set of points
** Convex polytope ...
and
compact
Compact as used in politics may refer broadly to a pact or treaty; in more specific cases it may refer to:
* Interstate compact
* Blood compact, an ancient ritual of the Philippines
* Compact government, a type of colonial rule utilized in British ...
, attains its minimum at some extreme point of that set.
Since a
linear function
In mathematics, the term linear function refers to two distinct but related notions:
* In calculus and related areas, a linear function is a function (mathematics), function whose graph of a function, graph is a straight line, that is, a polynomia ...
is simultaneously convex and concave, it satisfies both principles, i.e., it attains both its maximum and its minimum at extreme points.
Bauer's maximization principle has applications in various fields, for example, differential equations and economics.
References
Mathematical optimization
Mathematical theorems
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