A Proof Without Words and a Maximum without Calculus

Eloisa Campioni and Luca Panaccione

No 316, CEIS Research Paper from Tor Vergata University, CEIS

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 (search for similar items in EconPapers)
JEL-codes: A22 C61 C65 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2014-05-23, Revised 2014-08-05
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Persistent link: https://EconPapers.repec.org/RePEc:rtv:ceisrp:316

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