Errata for Optimization Methods in Finance, Second Edition

• page 21, system (II) should be $\mathbf{A}^\text{T}\mathbf{y} \le \mathbf{0}, \; \mathbf{b}^\text{T}\mathbf{y} > 0$
• page 26, the end of the first sentence in Iteration 2 should read $\bar \mathbf{c}_N = [\bar c_2, \bar c_4] = [-1, 2] \ngeq \mathbf{0}$.
• page 27, first sentence of the second to last paragraph should read “Hence we can get a point with better (higher) objective value than the current basic feasible solution $\bar \mathbf{y}$.”
• page 124, last sentence in second paragraph should read “Figure 7.1 illustrates the typical relative placement of the three frontiers.”
• page 131, towards the end of the second paragraph the sentence should read “To that end, they propose the following procedure:”