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Optimization for products of concave functions
Authors:Robert Kantrowitz  Michael M Neumann
Institution:(1) Department of Mathematics, Hamilton College, 13323 Clinton, NY, USA;(2) Department of Mathematics and Statistics, Mississippi State University, 39762 Mississippi State, MS, USA
Abstract:Ifh denotes the product of finitely many concave non-negative functions on a compact interval a, b], then it is shown that there exist pointsα andβ withaαβb such thath is strictly increasing on α, α), constant on (α, β), and strictly decreasing on (β, b]. This structure theorem leads to an extension of several classical optimization results for concave functions on convex sets to the case of products of concave functions.
Keywords:2000 Mathematics Subject Classification" target="_blank">2000 Mathematics Subject Classification  26A51  26B25  90C25
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