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- Monotone_comparative_statics abstract "Monotone comparative statics is a sub-field of comparative statics that focuses on the conditions under which endogenous variables undergo monotone changes (that is, either increasing or decreasing) when there is a change in the exogenous parameters. Traditionally, comparative results in economics are obtained using the Implicit Function Theorem, an approach that requires the concavity and differentiability of the objective function as well as the interiority and uniqueness of the optimal solution. The methods of monotone comparative statics typically dispense with these assumptions. It focuses on the main property underpinning monotone comparative statics, which is a form of complementarity between the endogenous variable and exogenous parameter. Roughly speaking, a maximization problem displays complementarity if a higher value of the exogenous parameter increases the marginal return of the endogenous variable. This guarantees that the set of solutions to the optimization problem is increasing with respect to the exogenous parameter.".
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- Monotone_comparative_statics wikiPageLength "42579".
- Monotone_comparative_statics wikiPageOutDegree "20".
- Monotone_comparative_statics wikiPageRevisionID "651351563".
- Monotone_comparative_statics wikiPageWikiLink Category:Mathematical_economics.
- Monotone_comparative_statics wikiPageWikiLink Comparative_statics.
- Monotone_comparative_statics wikiPageWikiLink Correspondence.
- Monotone_comparative_statics wikiPageWikiLink Differentiable.
- Monotone_comparative_statics wikiPageWikiLink Differentiable_function.
- Monotone_comparative_statics wikiPageWikiLink Economic_model.
- Monotone_comparative_statics wikiPageWikiLink Hyperrectangle.
- Monotone_comparative_statics wikiPageWikiLink Implicit_Function_Theorem.
- Monotone_comparative_statics wikiPageWikiLink Implicit_function_theorem.
- Monotone_comparative_statics wikiPageWikiLink Infimum.
- Monotone_comparative_statics wikiPageWikiLink Infimum_and_supremum.
- Monotone_comparative_statics wikiPageWikiLink Lattice_(order).
- Monotone_comparative_statics wikiPageWikiLink Microeconomics.
- Monotone_comparative_statics wikiPageWikiLink Model_(economics).
- Monotone_comparative_statics wikiPageWikiLink Monotone_likelihood_ratio.
- Monotone_comparative_statics wikiPageWikiLink Partially_ordered_set.
- Monotone_comparative_statics wikiPageWikiLink Probability_distribution.
- Monotone_comparative_statics wikiPageWikiLink Probability_distributions.
- Monotone_comparative_statics wikiPageWikiLink Qualitative_economics.
- Monotone_comparative_statics wikiPageWikiLink Quasiconcave.
- Monotone_comparative_statics wikiPageWikiLink Quasiconvex_function.
- Monotone_comparative_statics wikiPageWikiLink Risk_aversion.
- Monotone_comparative_statics wikiPageWikiLink Stochastic_dominance.
- Monotone_comparative_statics wikiPageWikiLink Supermodular_function.
- Monotone_comparative_statics wikiPageWikiLink Supremum.
- Monotone_comparative_statics wikiPageWikiLinkText "Monotone Comparative Statics".
- Monotone_comparative_statics wikiPageWikiLinkText "monotone comparative statics".
- Monotone_comparative_statics hasPhotoCollection Monotone_comparative_statics.
- Monotone_comparative_statics wikiPageUsesTemplate Template:Reflist.
- Monotone_comparative_statics subject Category:Mathematical_economics.
- Monotone_comparative_statics hypernym Change.
- Monotone_comparative_statics type Organisation.
- Monotone_comparative_statics comment "Monotone comparative statics is a sub-field of comparative statics that focuses on the conditions under which endogenous variables undergo monotone changes (that is, either increasing or decreasing) when there is a change in the exogenous parameters.".
- Monotone_comparative_statics label "Monotone comparative statics".
- Monotone_comparative_statics sameAs m.011l4hgy.
- Monotone_comparative_statics sameAs Q18391017.
- Monotone_comparative_statics sameAs Q18391017.
- Monotone_comparative_statics wasDerivedFrom Monotone_comparative_statics?oldid=651351563.
- Monotone_comparative_statics isPrimaryTopicOf Monotone_comparative_statics.