Re: Micro doubt.

Posted by Asd1995 on Jun 26, 2017; 4:18pm
URL: http://discussion-forum.276.s1.nabble.com/Micro-doubt-tp7606338p7606362.html

So as far as I know hessian is evaluated to find convexity of preferences. Negative semidefinite hessian just implies convex preferences and it has nothing to do with the sign of dD/dT.

I've evaluated it myself in this image, link below : it is negative semidefinite so you may have gone wrong in evaluating it.

http://imgur.com/GMg4YxS