Supermodularity and complementarity /

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Bibliographic Details
Author / Creator:Topkis, Donald M., 1942-
Imprint:Princeton, N.J. : Princeton University Press, ©1998.
Description:1 online resource (ix, 272 pages)
Language:English
Series:Frontiers of economic research
Frontiers of economic research.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11213401
Hidden Bibliographic Details
ISBN:1400813670
9781400813674
9781400822539
140082253X
0691032440
9780691032443
Digital file characteristics:data file
Notes:Includes bibliographical references (pages 263-268) and index.
Print version record.
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.
Other form:Print version: Topkis, Donald M., 1942- Supermodularity and complementarity. Princeton, N.J. : Princeton University Press, ©1998