Download This PaperA Proof Without Words and a Maximum Without Calculus
22 Pages Posted: 25 May 2014 Last revised: 5 Aug 2014
Date Written: July 28, 2014
Abstract
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.
Keywords: Proofs without words, Maximum without calculus, Economic applications
JEL Classification: A22, C61, C65
Suggested Citation: Suggested Citation
Campioni, Eloisa and Panaccione, Luca, A Proof Without Words and a Maximum Without Calculus (July 28, 2014). CEIS Working Paper No. 316, Available at SSRN: https://ssrn.com/abstract=2441245 or http://dx.doi.org/10.2139/ssrn.2441245
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