I have the following math problem that I haven't been able to solve. I would be very grateful of any idea or solution you can give me. Thanks!
Let $f(x): [0,\infty)\rightarrow (0,\infty)$ such that $f'(x)<0$ and $f''(x)>0$. What are the necessary and sufficient conditions for $1/f(x)$ to be concave.
I approach to this problem by using derivatives and got to the equation: $$2(f'(x))^2 -f''(x)f(x)\leq0$$ Yet I feel something smarter can be done that gives a more precise characterization.
Thanks!
$f'(x)<0,\ f''(x)>0$. Then $1/f$ is concave
Proof : $ 0<t<1$. Then $$ f(ta+(1-t)b)\leq tf(a) +(1-t)f(b) $$ so that $$\frac{1}{f(ta+(1-t)b) }\geq \frac{1}{tf(a) }+\frac{1}{(1-t)f(b) }\geq t\frac{1}{f(a)} + (1-t) \frac{1}{f(b)} $$