Convex or convexity may refer to:
Science and technology
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Convex lens
A lens is a transmissive optical device which focuses or disperses a light beam by means of refraction. A simple lens consists of a single piece of transparent material, while a compound lens consists of several simple lenses (''elements'') ...
, in optics
Mathematics
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Convex set
In geometry, a subset of a Euclidean space, or more generally an affine space over the reals, is convex if, given any two points in the subset, the subset contains the whole line segment that joins them. Equivalently, a convex set or a convex ...
, containing the whole line segment that joins points
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Convex polygon
In geometry, a convex polygon is a polygon that is the boundary of a convex set. This means that the line segment between two points of the polygon is contained in the union of the interior and the boundary of the polygon. In particular, it is a ...
, a polygon which encloses a convex set of points
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Convex polytope, a polytope with a convex set of points
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Convex metric space
In mathematics, convex metric spaces are, intuitively, metric spaces with the property any "segment" joining two points in that space has other points in it besides the endpoints.
Formally, consider a metric space (''X'', ''d'') and let ''x ...
, a generalization of the convexity notion in abstract metric spaces
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Convex function, when the line segment between any two points on the graph of the function lies above or on the graph
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Convex conjugate
In mathematics and mathematical optimization, the convex conjugate of a function is a generalization of the Legendre transformation which applies to non-convex functions. It is also known as Legendre–Fenchel transformation, Fenchel transformatio ...
, of a function
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Convexity (algebraic geometry) In algebraic geometry, convexity is a restrictive technical condition for algebraic varieties originally introduced to analyze Kontsevich moduli spaces \overline_(X,\beta) in quantum cohomology. These moduli spaces are smooth orbifolds whenever the ...
, a restrictive technical condition for
algebraic varieties
Algebraic varieties are the central objects of study in algebraic geometry, a sub-field of mathematics. Classically, an algebraic variety is defined as the set of solutions of a system of polynomial equations over the real or complex numbers. ...
originally introduced to analyze Kontsevich
moduli spaces
In mathematics, in particular algebraic geometry, a moduli space is a geometric space (usually a scheme (mathematics), scheme or an algebraic stack) whose points represent algebro-geometric objects of some fixed kind, or isomorphism classes of suc ...
Economics and finance
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Convexity (finance) In mathematical finance, convexity refers to non-linearities in a financial model. In other words, if the price of an underlying variable changes, the price of an output does not change linearly, but depends on the second derivative (or, loosely spe ...
, second derivatives in financial modeling generally
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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 indiffer ...
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Bond convexity
In finance, bond convexity is a measure of the non-linear relationship of bond prices to changes in interest rates, the second derivative of the price of the bond with respect to interest rates ( duration is the first derivative). In general, the ...
, a measure of the sensitivity of the duration of a bond to changes in interest rates
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Convex preferences In economics, convex preferences are an individual's ordering of various outcomes, typically with regard to the amounts of various goods consumed, with the property that, roughly speaking, "averages are better than the extremes". The concept roughly ...
, an individual's ordering of various outcomes
Other uses
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Convex Computer
Convex Computer Corporation was a company that developed, manufactured and marketed vector minisupercomputers and supercomputers for small-to-medium-sized businesses. Their later Exemplar series of parallel computing machines were based on the ...
, a former company that produced supercomputers
See also
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List of convexity topics
This is a list of convexity topics, by Wikipedia page.
* Alpha blending - the process of combining a translucent foreground color with a background color, thereby producing a new blended color. This is a convex combination of two colors allowing fo ...
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Non-convexity (economics)
In economics, non-convexity refers to violations of the convexity assumptions of elementary economics. Basic economics textbooks concentrate on consumers with convex preferences (that do not prefer extremes to in-between values) and convex budget ...
, violations of the convexity assumptions of elementary economics
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Obtuse angle
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