A Proof Without Words and a Maximum without Calculus

We define a standard optimization problem with quadratic objective function and provide a rigorous visual proof for its solution without using calculus. We then show that such standard problem is a building block for several economic models related to microeconomics, game theory and pricing strategies.

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Year of publication:	2014-05-23
Authors:	Campioni, Eloisa ; Panaccione, Luca
Institutions:	Centro di Studi Internazionali Sull'Economia e la Sviluppo (CEIS), Facoltà di Economia
Subject:	Proofs without words \| Maximum without calculus \| Economic applications

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Extent:	application/pdf
Series:	CEIS Research Paper.
Type of publication:	Book / Working Paper
Notes:	Number 316 22 pages
Classification:	A22 - Undergraduate ; C61 - Optimization Techniques; Programming Models; Dynamic Analysis ; C65 - Miscellaneous Mathematical Tools
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010826225