Knee of a curve


In mathematics, a knee of a curve is a point where the curve visibly bends, specifically from high slope to low slope, or in the other direction. This is particularly used in optimization, where a knee point is the optimum point for some decision, for example when there is an increasing function and a trade-off between the benefit and the cost : the knee is where the benefit is no longer increasing rapidly, and is no longer worth the cost of further increases – a cutoff point of diminishing returns.
In heuristic use, the term may be used informally, and a knee point identified visually, but in more formal use an explicit objective function is used, and depends on the particular optimization problem. A knee may also be defined purely geometrically, in terms of the curvature or the second derivative.

Definitions

The knee of a curve can be defined as a vertex of the graph. This corresponds with the graphical intuition, but depends on the choice of scale.
The term "knee" as applied to curves dates at least to the 1910s,
and is found more commonly by the 1940s, being common enough to draw criticism. The unabridged Webster's Dictionary gives definition 3h of knee as:

Criticism

Graphical notions of a "knee" of a curve, based on curvature, are criticized due to their dependence on the coordinate scale: different choices of scale result in different points being the "knee". This criticism dates at least to the 1940s, being found in, who criticize:

Applications