Hidden Bibliographic Details
ISBN: | 1400813670 9781400813674 9781400822539 140082253X 0691032440 9780691032443
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Digital file characteristics: | data file
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Notes: | Includes bibliographical references (pages 263-268) and index. Print version record.
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Summary: | 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.
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Other form: | Print version: Topkis, Donald M., 1942- Supermodularity and complementarity. Princeton, N.J. : Princeton University Press, ©1998
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