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In geometry, a convex curve is a plane curve that has a supporting line through each of its points. There are many other equivalent definitions of these curves, going back to Archimedes. Examples of convex curves include the convex polygons, the boundaries of convex sets, and the graphs of convex functions.
A strictly convex function is a function that the straight line between any pair of points on the curve is above the curve except for the intersection points between the straight line and the curve. An example of a function which is convex but not strictly convex is (,) = +. This function is not strictly convex because any two points sharing an ...
Carathéodory's theorem (convex hull) - If a point x of R d lies in the convex hull of a set P, there is a subset of P with d+1 or fewer points such that x lies in its convex hull. Choquet theory - an area of functional analysis and convex analysis concerned with measures with support on the extreme points of a convex set C .
Equivalently, a convex set or a convex region is a set that intersects every line in a line segment, single point, or the empty set. [1] [2] For example, a solid cube is a convex set, but anything that is hollow or has an indent, for example, a crescent shape, is not convex. The boundary of a convex set in the plane is always a convex curve.
Convex geometry is a relatively young mathematical discipline. Although the first known contributions to convex geometry date back to antiquity and can be traced in the works of Euclid and Archimedes, it became an independent branch of mathematics at the turn of the 20th century, mainly due to the works of Hermann Brunn and Hermann Minkowski in dimensions two and three.
The points on or above the red curve provide an example of a closed set whose convex hull is open (the open upper half-plane). Topologically, the convex hull of an open set is always itself open, and the convex hull of a compact set is always itself compact. However, there exist closed sets for which the convex hull is not closed. [12]
For example, a solid cube is convex; however, anything that is hollow or dented, for example, a crescent shape, is non‑convex. Trivially, the empty set is convex. More formally, a set Q is convex if, for all points v 0 and v 1 in Q and for every real number λ in the unit interval [0,1], the point (1 − λ) v 0 + λv 1. is a member of Q.
A set of convex-shaped indifference curves displays convex preferences: Given a convex indifference curve containing the set of all bundles (of two or more goods) that are all viewed as equally desired, the set of all goods bundles that are viewed as being at least as desired as those on the indifference curve is a convex set.