Let M and N be the set of minimizers of a function f over respective subsets K and L of a lattice, with K being lower than L. This paper characterizes the class of functions f for which M is lower (resp., weakly lower, meet lower, join lower, chain lower) than N for all K lower than L. The resulting five classes of functions, called subextremal variants, have alternate characterizations by variants of the downcrossing-differences property, i.e., their first differences change sign at most once from plus to minus along complementary chains.
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Manjira Datta & Leonard Mirman & Kevin Reffett, .
"Nonclassical Brock-Mirman Economies,"
Working Papers
2179544, Department of Economics, W. P. Carey School of Business, Arizona State University.
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