Download or read book Iterative Monotone Comparative Statics written by Lukasz Balbus and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monotone Comparative Statics written by Paul R. Milgrom and published by . This book was released on 1991 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays in Monotone Comparative Statics and the Theory of Games with Strategic Complementarities written by Federico Manuel Echenique and published by . This book was released on 2000 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monotone Comparative Statics with Separable Objective Functions written by Christian Ewerhart and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Strict Monotonicity in Comparative Statics written by Aaron S. Edlin and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists commonly seek to show that one variable increases in response to changes in another variable. This paper provides sufficient conditions to draw such strict monotone comparative statics conclusions in optimization problems with and without binding constraints. These results extend the lattice-theoretic results of Milgrom and Shannon (1994) by imposing a stronger differential version of the single crossing property and arguing from first-order conditions. We illustrate the importance of these results through applications involving holdup problems, optimal tax problems, and modern manufacturing.
Download or read book Handbook on Optimal Growth 1 written by Rose-Anne Dana and published by Springer Science & Business Media. This book was released on 2006-07-01 with total page 489 pages. Available in PDF, EPUB and Kindle. Book excerpt: The problem of efficient or optimal allocation of resources is a fundamental concern of economic analysis. This book provides surveys of significant results of the theory of optimal growth, as well as the techniques of dynamic optimization theory on which they are based. Armed with the results and methods of this theory, a researcher will be in an advantageous position to apply these versatile methods of analysis to new issues in the area of dynamic economics.
Download or read book Asymmetric Monotone Comparative Statics for the Industry Compositions written by Anders Rosenstand Laugesen and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Monotone Games written by Tarun Sabarwal and published by Springer Nature. This book was released on 2020-10-26 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Palgrave Pivot examines monotone games and studies incentives and outcomes when there are multiple players, and how the decision of each player affects the well-being of others in particular ways. Games with strategic complements exhibit codirectional incentives, or incentives for each player to move in the same direction as other players. Games with strategic substitutes exhibit contradirectional incentives, or incentives for each player to move in the direction opposite to other players. Monotone games include both types of players: some players have incentives to move in the same direction as other players and some players have incentives to move in the direction opposite to other players. This book develops the theory of monotone games in a new and unified manner and presents many applications. Incentives and outcomes studied in monotone games occur in a variety of disciplines, including biology, business, computer science, economics, mathematics, medicine, philosophy, political science, and psychology, among others. The book identifies unifying threads across different cases, showing how newer results are similar to or different from previous results, and how readers may better understand them under the umbrella of monotone games.
Download or read book Iterative Methods for Sparse Linear Systems written by Yousef Saad and published by SIAM. This book was released on 2003-04-01 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mathematics of Computing -- General.
Download or read book Supermodularity and Complementarity written by Donald M. Topkis and published by Princeton University Press. This book was released on 2011-02-11 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Comparative Statics by Adaptive Dynamics and the Correspondence Principle written by Federico Echenique and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper formalizes the relation between comparative statics and the out-of-equilibrium explanation for how a system evolves after a change in parameters. The paper has two main results. First, an increase in an exogenous parameter sets off learning dynamics that involve larger values of the endogenous variables. Second, equilibrium selections that are not monotone increasing in the exogenous variables must be predicting unstable equilibria. Moreover, under some conditions monotone comparative statics and stability are equivalent.
Download or read book Partially Observed Markov Decision Processes written by Vikram Krishnamurthy and published by Cambridge University Press. This book was released on 2016-03-21 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers formulation, algorithms, and structural results of partially observed Markov decision processes, whilst linking theory to real-world applications in controlled sensing. Computations are kept to a minimum, enabling students and researchers in engineering, operations research, and economics to understand the methods and determine the structure of their optimal solution.
Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Download or read book Robust Comparative Statics of Non monotone Shocks in Large Aggregative Games written by Takashi Kamihigashi and published by . This book was released on 2015 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book ECOOP 95 Object Oriented Programming written by Walter Olthoff and published by Springer. This book was released on 2003-05-16 with total page 483 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the ninth time now, the European Conference on Object-Oriented P- gramming provides a mid-summer gathering place for researchers, practitioners, students and newcomers in the field of object technology. Despite fierce c- petition from an increasing number of attractive conferences on object-related topics, ECOOP has successfully positioned itself as the premier European - ject technology conference. One reason is without doubt the composition of the conference week and the nature of its events. Running in parallel on the first two days, a comprehensive tutorial program and a very selective workshop program are offered to attendees. This is followed by a three-day technical p- gram organized in a single track providing a highly communicative atmosphere of scientific exchange and learning. Overlapping with these events are a two-day industrial exhibition and a two-day opportunity for non-industrial system dev- opers to demonstrate their software. Thus, ECOOP is not just a conference on programming but an event touching on the full spectrum of object technology. This volume constitutes the proceedings of the Ninth European Conference on Object-Oriented Programming, ECOOP, held in Aarhus, Denmark, August 7-11, 1995. Previous ECOOP conferences were held in Paris (France), Oslo (Norway), Nottingham (England), Ottawa (Canada, jointly with OOPSLA) , Geneva (Switzerland), Utrecht (the Netherlands) , Kaiserslautern (Germany) , and Bologna (Italy). Object technology continues to increase its impact on the corporate world.
Download or read book Strict Single Crossing and the Spence Mirrlees Condition written by Aaron S. Edlin and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Milgrom and Shannon [1994] assert that under appropriate conditions the Spence-Mirrlees condition is equivalent to their single crossing property, and that the strict versions are also equivalent. In this note, however, we give counterexamples which show that their strict single crossing property may hold even though the strict Spence-Mirrlees condition fails. In fact, we show that the strict single crossing property may hold even though the strict Spence-Mirrlees condition holds only on a set of arbitrarily small measure. We also give a correct statement of the relationship between the Spence-Mirrlees condition and the single crossing property. Finally, we illustrate the fact that the strict single crossing property can allow both pooling and separating equilibria while the strict Spence-Mirrlees condition eliminates the possibility of pooling equilibria.
Download or read book Behavioural and Experimental Economics written by Steven Durlauf and published by Springer. This book was released on 2016-04-30 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.
