Regular distribution (economics) 2026-10-06
A valuation distribution is regular when its virtual valuation is a nondecreasing function of value. This is an auction-theory condition, not the unrelated regularity notions used elsewhere in mathematics.
Strictly increasing function Created 2026-09-24 Updated 2026-10-14
A real-valued function is a strictly increasing function if every pair in its domain of a function satisfies . It is therefore injective, and each output has at most one preimage. Its inverse function on its image of a function is also strictly increasing. Every strictly increasing function is a nondecreasing function; the converse fails when outputs repeat.
The polynomial is a strictly increasing function on the real line, although its derivative is zero at zero. Indeed, for ,because can vanish only when . Thus a positive derivative everywhere is sufficient on a real interval, but is not necessary for a strictly increasing function.
Strict monotonicity does not ensure continuity: for and for is a strictly increasing function with a jump discontinuity. Its image of a function omits , so the inverse function exists only on the actual image of a function, rather than on all the real numbers.
Total variation of a function Created 2026-09-24 Updated 2026-10-18
The total variation of a function measures its accumulated rises and falls, rather than just its change between the endpoints. For each partition of an interval , add the absolute values of its sampled increments. Then take the supremum over all such partitions of an interval:The function has bounded variation when . This definition uses its value at every point of the interval, including both endpoints.[ref]
Real Analysis Lecture Notes: 3.5 Functions of Bounded Variation by Christopher E. Heil. §3.5.1, Definition 1, printed pp. 1–2: partition definition and pointwise convention
For a nondecreasing function, all increments are nonnegative and the sum telescopes to . More generally, the triangle inequality gives . Equality can fail dramatically when the function changes direction: an object can travel a long distance and finish near its starting position. Here we measure movement of the function's value; arc length of its function graph also includes horizontal movement.
Truncation toward zero 2026-10-14
Truncation toward zero removes the fractional magnitude of a real number, giving the integer obtained by applying the floor function to its absolute value and restoring the original sign; a magnitude below one gives zero. More precisely,The result is zero for . For example, and , whereas . Python's
math.trunc uses this towards-zero convention, so replacing it by math.floor changes calculations with negative noninteger inputs. [ref]https://docs.python.org/3.14/library/math.html#math.trunc. Python 3.14 math.trunc documentation: floor on positive inputs, ceiling on negative inputs
.Truncation toward zero is symmetric in sign, while the fractional part defined by the floor function is always nonnegative
. Left: exact integer endpoint values distinguish the two sign-dependent truncation rules; a whole neighborhood of zero maps to zero. Right: takes the sign of a noninteger input, while lies in on both sides of zero. Open endpoints show excluded limiting values. Details.For every real number ,The discarded difference has the sign of when is noninteger. In contrast, the fractional part is always in . At , these two differences are and . Thus specifying a signed fractional remainder requires specifying which integer-valued operation is used.
Unlike the floor function and ceiling function, truncation toward zero need not commute with adding an integer. At and , , whereas . This matters if negative coordinates are assigned to equal-width bins by converting a quotient to an integer: belongs to the bin under the floor function, but truncation gives zero. The appropriate operation follows from the declared bin intervals.
Truncation toward zero is a nondecreasing function with a discontinuity of a function at each nonzero integer. It has no discontinuity of a function at zero, because it is identically zero on . Its agreement with the floor function on the positive side and the ceiling function on the negative side explains the different closed endpoints in the diagram.
