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Supermodularity and Complementarity in Economics: An Elementary Survey Author info | Abstract | Publisher info | Download info | Related research | Statistics Rabah Amir () (Department of Economics, University of Arizona)
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The literature on supermodular optimization and games is surveyed from the perspective of potential users in economics. This methodology provides a new approach for comparative statics based only on critical assumptions, and allows a general analysis of games with strategic complementarities. The results are presented in a simplified yet rigourous manner, without reference to lattice theory, for the special case of one-dimensional parameter and actions sets, with the emphasis being on wide accessibility. Detailed applications are presented for well-known models of consumer behavior, monopoly pass-through, Bertrand and Cournot competition, strategic R&D, search, and matching. Wherever appropriate, useful tricks for applications and comparative comments are inserted.
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Article provided by Southern Economic Association in its journal Southern Economic Journal .
Volume (Year): 71 (2005)
Issue (Month): 3 (January)
Pages: 636-660
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Handle: RePEc:sej:ancoec:v:71:3:y:2005:p:636-660Contact details of provider: Web page: http://www.southerneconomic.org/ More information through EDIRC
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Find related papers by JEL classification: A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate C60 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - General C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
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