Differentiating on the given domain yieldsThe denominator and are positive there. Thus is strictly concave, and is not convex.
The denominator is positive throughout the domain. Holding fixed, differentiate with respect to :At the interior point this second partial derivative is , so the restriction to a horizontal line is locally strictly concave, ruling out convexity. At the interior point it is , ruling out concavity. Restrictions of a convex function or a concave function to every line segment must retain that property. Consequently is neither convex nor concave on its stated domain.
Since , the line lies in the domain and satisfies . The restriction of to this line is , whose second derivative is : negative for and positive for . It can be neither globally convex nor globally concave. Hence is neither. Equivalently, its Hessian matrix is , changing the sign of its nonzero directional curvature across .
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