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 formal step in the long line of economics literature on complementarity.
This monograph links complementarity to powerful concepts and results involving supermodular functions on lattices and focuses on analyses and issues related to monotone comparative statics. Don Topkis, who is known for his seminal contributions to this area, here presents a self-contained and up-to-date view of this field, including many new results, to scholars interested in economic theory and its applications as well as to those in related disciplines. The emphasis is on methodology. The book systematically develops a comprehensive, integrated theory pertaining to supermodularity, complementarity, and monotone comparative statics. It then applies that theory in the analysis of many diverse economic models formulated as decision problems, noncooperative games, and cooperative games.
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Book Description HRD. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # WP-9780691032443
Book Description Condition: New. Seller Inventory # 401520-n
Book Description HRD. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # WP-9780691032443
Book Description Condition: New. 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. . 1998. Hardcover. . . . . Seller Inventory # V9780691032443
Book Description Hardcover. Condition: new. This item is printed on demand. Seller Inventory # 9780691032443
Book Description Hardback. Condition: New. New copy - Usually dispatched within 4 working days. Seller Inventory # B9780691032443
Book Description Condition: New. 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. . 1998. Hardcover. . . . . Books ship from the US and Ireland. Seller Inventory # V9780691032443
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Book Description Hardcover. Condition: Brand New. 312 pages. 9.50x6.25x1.00 inches. In Stock. Seller Inventory # __0691032440