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Supermodularity and Complementarity
Donald M. Topkis
€ 193.68
€ 145.94
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Description for Supermodularity and Complementarity
Hardback. Links complementarity to concepts and results involving supermodular functions on lattices and focuses on analyses and issues related to monotone comparative statics. This book systematically develops a comprehensive, integrated theory pertaining to supermodularity, complementarity, and monotone comparative statics. Series: Frontiers of Economic Research. Num Pages: 288 pages, black & white illustrations. BIC Classification: KCA; PBWH. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 229 x 152 x 20. Weight in Grams: 542.
The economics literature is replete with examples of monotone comparative statics; that is, scenarios where optimal decisions or equilibria in a parameterized collection of models vary monotonically with the parameter. Most of these examples are manifestations of complementarity, with a common explicit or implicit theoretical basis in properties of a super-modular function on a lattice. Supermodular functions yield a characterization for complementarity and extend the notion of complementarity to a general setting that is a natural mathematical context for studying complementarity and monotone comparative statics. Concepts and results related to supermodularity and monotone comparative statics constitute a new and important ... Read more
The economics literature is replete with examples of monotone comparative statics; that is, scenarios where optimal decisions or equilibria in a parameterized collection of models vary monotonically with the parameter. Most of these examples are manifestations of complementarity, with a common explicit or implicit theoretical basis in properties of a super-modular function on a lattice. Supermodular functions yield a characterization for complementarity and extend the notion of complementarity to a general setting that is a natural mathematical context for studying complementarity and monotone comparative statics. Concepts and results related to supermodularity and monotone comparative statics constitute a new and important ... Read more
Product Details
Format
Hardback
Publication date
1998
Publisher
Princeton University Press United States
Number of pages
288
Condition
New
Series
Frontiers of Economic Research
Number of Pages
288
Place of Publication
New Jersey, United States
ISBN
9780691032443
SKU
V9780691032443
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Donald M. Topkis
Donald M. Topkis is a Professor at the University of California at Davis.
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