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concave |
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concaveOf a surface, curving inwards, or away from the eye. For example, a bowl appears concave when viewed from above. In geometry, a concave polygon is one that has an interior angle greater than 180°. Concave is the opposite of convex. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Being aware of limitations of CV as the decision rule (that it ignores the fact that the indifference curve of a rational investor is concaved and not a sloping line), we plotted the maximum and minimum NPV on a graph and observed the downside risk for all alternatives. |
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