Modelling with twice continuously differentiable functions

Autor: Sanjo Zlobec
Jazyk: angličtina
Rok vydání: 2014
Předmět:
Zdroj: Croatian Operational Research Review, Vol 5, Iss 1, Pp 1-13 (2014)
Druh dokumentu: article
ISSN: 1848-0225
1848-9931
Popis: Many real life situations can be described using twice continuously differentiable functions over convex sets with interior points. Such functions have an interesting separation property: At every interior point of the set they separate particular classes of quadratic convex functions from classes of quadratic concave functions. Using this property we introduce new characterizations of the derivative and its zero points. The results are applied to the study of sensitivity of the Cobb-Douglas production function. They are also used to describe the least squares solutions in linear and nonlinear regression.
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