Near zero, has the sign of , so just to the left and just to the right. Thus the critical point is neither a local minimum nor a local maximum. Moreover the Taylor series gives , which changes sign at zero. Therefore
This is the point called a “saddle point” in the question; stationary inflection point specifies the one-variable meaning.
At , , so the second-derivative test gives a strict local minimum. In fact is negative for and positive for except at , so is the global minimum as well.
At , the second-derivative test is inconclusive because . But changes from negative to positive across , while . Hence this is a stationary inflection point. Equivalently, the leading nonconstant term in the Taylor polynomial changes sign across . The paper explicitly uses “saddle point” to mean an inflection point, so in its terminology the classification is
Here the “saddle point” is a one-dimensional stationary inflection point, rather than the usual multivariable use of saddle point of a scalar function.[ref]