Mathematics for Economists

(Greg DeLong) #1

Calculus of variations


We show that the kernel is convex.
d
dx

p
1 +x^2 = p x
x^2 + 1
d^2
dx^2

p
1 +x^2 =

p

x^2 + 1 xpxx (^2) + 1
x^2 + 1 =
x^2 p+ 1 x^2
x^2 + 1
x^2 + 1 =


1


(x^2 + 1 )

p
1 +x^2

> 0.


Hence the solution is a minimum.
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