Value-at-Risk Theory and Practice

The first advanced book on value-at-risk

Chapter 2, Page 78
Exercise 11

Similar to the graphs of Exhibit 2.9, sketch a graph for a quadratic polynomial from 2 to that has a positive semidefinite matrix c. (Hint: Depending upon your solution, your polynomial will either have no minima or infinitely many.)

Solution

A solution with infinitely many minima is

One with no minimum is

 

 

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