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For $V(r)=km{r}^2$, fixed nonzero angular momentum $h$ gives the effective potential $V_{\mathrm{eff}}=h^2/(2m{r}^2)+km{r}^2$. A positive-radius circular orbit exists when $k>0$, at the displayed radius, and $V_{\mathrm{eff}}^{\prime \prime }(r_0)=8km>0$ proves radial stability by the effective potential stability criterion. Its angular speed has magnitude $\sqrt{2k}$ and its small radial oscillation frequency is $\sqrt{8k}$. If $k\le 0$, no such orbit with nonzero angular momentum exists; for $h=0,k>0$, the sole minimum is at the origin, not a positive-radius circular orbit.

For the radial acceleration $-k{r}^n$ with $k>0$, a circular orbit of radius $a$ has squared specific angular momentum $h^2=k{a}^{n+3}$. At fixed $h$, its radial small oscillations have squared frequency $(n+3)k{a}^{n-1}$, so the orbit is stable for $n>-3$. This is a special case of the effective potential stability criterion.

In a circular orbit, $r=a$ is constant, so the radial acceleration vanishes. The radial equation requiresFor every $a>0$, this equation permits a real nonzero specific angular momentum, $h=\pm \sqrt{k{a}^{n+3}}$, and hence a circular orbit. This chooses $h$ for the desired radius; it does not claim that one prescribed value of $h$ permits every radius.

To test circular-orbit stability for a power-law central force, keep that chosen specific angular momentum fixed and write $r=a+\rho$, with $|\rho |\ll a$. The radial equation becomesExpanding to first order and using $h^2=k{a}^{n+3}$ givesFor $n>-3$, the linearized equation is the harmonic oscillator equation, withThe radial disturbance undergoes bounded small oscillations, rather than growing. Equivalently, the effective potential has a strict local minimum: its second derivative at $a$ is $(n+3)k{a}^{n-1}>0$. By the effective potential stability criterion, sufficiently small radial disturbances remain small, proving stability for $n>-3$. For comparison, $n<-3$ gives exponential growth. At $n=-3$, the balancing value $h^2=k$ makes the radial acceleration identically zero, so a small radial velocity produces drift rather than a restoring oscillation.

The principle of stationary action, also called Hamilton's principle, requires $\delta {\int }_{t_1}^{t_2}Ldt=0$ for fixed-endpoint path variations. Here the original PDF has ${\dot{r}}^2$ in the radial kinetic energy; the TeX has lost that dot. With $m>0$ and $r>0$, the Lagrangian isThe Euler-Lagrange equation for each coordinate givesThe two conserved quantities are angular momentum $h=m{r}^2\dot{\varphi }$ and energy $E=\frac{m}{2}{\dot{r}}^2+\frac{m}{2}{r}^2{\dot{\varphi }}^2+km{r}^2$. By Noether's theorem, they arise respectively from rotational invariance and time-translation invariance of the action. The coordinate $\varphi$ is a cyclic coordinate, and $L$ has no explicit time dependence.

The conjugate momentum for each coordinate is $p_r=m\dot{r}$, $p_{\varphi }=m{r}^2\dot{\varphi }$. The Legendre transform $H=p_r\dot{r}+p_{\varphi }\dot{\varphi }-L$ gives the HamiltonianHamilton's equations areSetting $p_{\varphi }=h$ yields $m\ddot{r}=-V_{\mathrm{eff}}^{\prime }(r)$ with the effective potential $V_{\mathrm{eff}}=h^2/(2m{r}^2)+km{r}^2$.

For $k>0$ and $h\ne 0$, this potential tends to infinity both as $r\downarrow 0$ and as $r\to \infty$, and has its unique stationary point atThe effective potential stability criterion proves a stable circular orbit in a quadratic central potential, with $|\dot{\varphi }|=\sqrt{2k}$. For a small radial displacement $\eta$, $\ddot{\eta }+8k\eta =0$ to first order, so radial perturbations oscillate rather than grow. The diagram shows the centrifugal and quadratic contributions and their sum in dimensionless units:

The printed paper only says that $k$ is constant. Its claimed positive-radius stable circular orbit needs the additional attractive-force assumption $k>0$ and nonzero angular momentum. For $k<0$ there is no such minimum; for $k=0,h\ne 0$ the effective potential is strictly decreasing. With $h=0,k>0$, the minimum is at the origin and is not a positive-radius circular orbit. These cases are not represented by the diagram.

Put $r_S=2R_g$. On the midplane, circular orbit balance gives $r{\Omega }^2={\partial }_r\Phi =GM/(r-r_S{)}^2$. The specific angular momentum, specific orbital energy and orbital shear parameter of a Paczyński-Wiita circular orbit are thereforeFor a small radial displacement at fixed specific angular momentum, the effective potential stability criterion gives the radial epicyclic frequencyHere ${\kappa }_r$ is the question's epicyclic $\kappa$. Its square is negative for $2R_g<r<6R_g$, so a radial displacement grows instead of undergoing epicyclic motion. The orbit at $r_{\mathrm{in}}=6R_g$ is marginal, and the outer orbits are stable to small radial displacements. At this inner edge,This efficiency belongs to the Paczyński-Wiita potential; it is an approximation to the relativistic black-hole result.

The generalized momenta conjugate to the two ignorable coordinates areandSince the Lagrangian contains neither $\varphi$ nor $\psi$, both momenta are constant in time.

Eliminating the two angular velocities givesConservation of energy then yields the heavy symmetric top reductionwhere

As $\theta \to 0$, the first term diverges unlessWriting their common value as $p$, the small-angle expansion isBy the effective potential stability criterion, the vertical state is stable exactly whenAt the vertical state $p=I_3(\dot{\psi }+\dot{\varphi })$, so this is the gyroscopic stabilization of an inverted symmetric top by sufficiently rapid spin.