Convex preferences quasi-concave utility functions, although these are not necessary for the analysis of preferences. Convex preferences In economics, convex preferences are an individual's ordering of various outcomes, typically with regard to the amounts of various goods consumed, with the property that, roughly speaking, "averages are better than the extremes". The concept roughly corresponds to the concept of diminishing marginal utility without requiring utility functions. Comparable to the greater-than-or-equal-to ordering relation formula_1 for real numbers, the notation formula_2 below can be translated as: 'is at least as good as' (in preference satisfaction). Similarly, formula_3 can be translated as 'is strictly better than'
Telecentric lens Telecentric lens A telecentric lens is a compound lens that has its entrance or exit pupil at infinity; in the prior case, this produces an orthographic view of the subject. This means that the chief rays (oblique rays that pass through the center of the aperture stop) are parallel to the optical axis in front of or behind the system, respectively. The simplest way to make a lens telecentric is to put the aperture stop at one of the lens's focal points. An entrance pupil at infinity makes the lens object-space telecentric. Such lenses are used in machine vision systems