Supermodularity and Complementarity (Frontiers of Economic Research) Book PDF, ePub eBook

Join our eBook service for unlimited books & audiobooks. Get a free 7 day subscription! ↓↓↓↓↓


Book Descriptions:

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.

Supermodularity and Complementarity (Frontiers of Economic Research) by Donald M. Topkis

From reader reviews:

Brenda Burrows:

Do you have favorite book? If you have, what is your favorite's book? Guide is very important thing for us to understand everything in the world. Each book has different aim or maybe goal; it means that e-book has different type. Some people really feel enjoy to spend their time for you to read a book. They can be reading whatever they acquire because their hobby is usually reading a book. Consider the person who don't like studying a book? Sometime, individual feel need book if they found difficult problem as well as exercise. Well, probably you will need this Supermodularity and Complementarity (Frontiers of Economic Research).

Virginia Doak:

Hey guys, do you really wants to finds a new book to read? May be the book with the concept Supermodularity and Complementarity (Frontiers of Economic Research) suitable to you? The book was written by well-known writer in this era. The particular book untitled Supermodularity and Complementarity (Frontiers of Economic Research)is a single of several books that everyone read now. This kind of book was inspired many men and women in the world. When you read this reserve you will enter the new way of measuring that you ever know before. The author explained their idea in the simple way, and so all of people can easily to be aware of the core of this book. This book will give you a great deal of information about this world now. So that you can see the represented of the world within this book.

Alexandra Robbins:

In this age globalization it is important to someone to acquire information. The information will make anyone to understand the condition of the world. The healthiness of the world makes the information much easier to share. You can find a lot of recommendations to get information example: internet, classifieds, book, and soon. You will observe that now, a lot of publisher that print many kinds of book. The actual book that recommended for your requirements is Supermodularity and Complementarity (Frontiers of Economic Research) this reserve consist a lot of the information in the condition of this world now. This particular book was represented how can the world has grown up. The words styles that writer use for explain it is easy to understand. The writer made some research when he makes this book. That is why this book acceptable all of you.

Robert Bowser:

What is your hobby? Have you heard which question when you got learners? We believe that that problem was given by teacher with their students. Many kinds of hobby, Every person has different hobby. And you know that little person like reading or as studying become their hobby. You have to know that reading is very important along with book as to be the matter. Book is important thing to include you knowledge, except your personal teacher or lecturer. You see good news or update regarding something by book. Numerous books that can you decide to try be your object. One of them are these claims Supermodularity and Complementarity (Frontiers of Economic Research).