I know that a homogeneous function of positive degree is homothetic, but can a function that is not homogeneous be homothetic?
Can a function be homothetic if it's not homogeneous?
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1What are your definitions of *homogeneous* and *homothetic*? Wikipedia allows a translation in [homothetic transformations](http://en.wikipedia.org/wiki/Homothetic_transformation). – 2011-05-26
1 Answers
I did not know the term in a non-geometric context, so got curious.
If we specialize to two variables, it seems that a function $f: \mathbb{R}^2 \to \mathbb{R}$ is called homothetic if the ratio of the partial derivatives $\frac{\partial f}{\partial y}$ and $\frac{\partial f}{\partial x}$ depends only on the ratio of $x$ and $y$.
If that is the case, there are simple examples that show that a homothetic function need not be homogeneous.
For instance, let $f(x,y)=xy +e^{xy}$. Then $\frac{\partial f}{\partial y}=x +xe^{xy}$ and $\frac{\partial f}{\partial x}=y +ye^{xy}$ So their ratio is $x/y$, but $f(x,y)$ is not homogeneous.
A more trivial sort of example is something like $x^7+y^7 +17$, but this could be ruled out by a minor change of definition.