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Persistent link: https://www.econbiz.de/10015401162
Certain problems in comparative statics, including (but not exclusively) certain problems in consumer theory, cannot be easily addressed by the methods of lattice programming. One reason for this is that there is no order on the choice space which orders choices in a way which conforms with the...
Persistent link: https://www.econbiz.de/10005063726
We identify a natural way of ordering functions, which we call the interval dominance order and develop a theory of monotone comparative statics based on this order. This way of ordering functions is weaker then the standard one based on the single crossing property (Milgrom and Shannon, 1994)...
Persistent link: https://www.econbiz.de/10005730300
Certain problems in comparative statics, including (but not exclusively) certain problems in consumer theory, cannot be easily addressed by the methods of lattice programming. One reason for this is that there is no order on the choice space which orders choices in a way which conforms with the...
Persistent link: https://www.econbiz.de/10010820331
These are additional notes relating to the paper `The Comparative Statics of Constrained Optimization Problems' which is appearing in Econometrica. It gathers together material present in various earlier versions of the paper, as well as some new material, which are not found in the published...
Persistent link: https://www.econbiz.de/10005687551
We examine the impact of the normality assumption, together with the weak axiom, in three related areas of general equilibrium theory. Most obviously, these properties have important implications for equilibrium comparative statics, in the context of exchange, production or (incomplete)...
Persistent link: https://www.econbiz.de/10005730307
We examine the impact of the normality assumption, together with the weak axiom, in three related areas of general equilibrium theory. Most obviously, these properties have important implications for equilibrium comparative statics, in the context of exchange, production or (incomplete)...
Persistent link: https://www.econbiz.de/10010604914