<?xml version="1.0" encoding="UTF-8"?><oembed><type>video</type><version>1.0</version><html>&lt;iframe src=&quot;https://www.loom.com/embed/57176cfbf7164cc6bfe6529ca6ae6dc4&quot; frameborder=&quot;0&quot; width=&quot;1670&quot; height=&quot;1252&quot; webkitallowfullscreen mozallowfullscreen allowfullscreen&gt;&lt;/iframe&gt;</html><height>1252</height><width>1670</width><provider_name>Loom</provider_name><provider_url>https://www.loom.com</provider_url><thumbnail_height>1252</thumbnail_height><thumbnail_width>1670</thumbnail_width><thumbnail_url>https://cdn.loom.com/sessions/thumbnails/57176cfbf7164cc6bfe6529ca6ae6dc4-e7f6c288d415e390.gif</thumbnail_url><duration>911.649</duration><title>Unconstrained optimization (ECON2125/6012 week 8) Part 2</title><description>In this video, I dive into the concept of Hessian definiteness and its implications in optimization theory. I explain how the definiteness of the Hessian matrix relates to local maxima and minima, highlighting the necessary but not sufficient conditions. I also provide examples to illustrate these concepts, including cases of indeterminate outcomes. Please take a moment to review the examples and let me know if you have any questions!</description></oembed>