Additional Notes on the Comparative Statics of Constrained Optimization Problems
These are additional notes relating to the paper `The Comparative Statics of Constrained Optimization Problems' which is appearing in Econometrica. It gathers together material present in various earlier versions of the paper, as well as some new material, which are not found in the published article or in its Supplement (both available at the journal website). In particular, these notes establish conditions for the existence of increasing selections. It also includes two simple applications of our techniques: to find conditions for gross substitutability of a demand function and conditions for increasing best response in a model of Bertrand competition. These notes are not meant to be a self-contained account of the theory, so are best consulted after reading the main paper.
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.:
- Milgrom, P. & Shannon, C., 1991.
"Monotone Comparative Statics,"
11, Stanford - Institute for Thoretical Economics.
- Hens, Thorsten & Loeffler, Andras, 1995. "Gross substitution in financial markets," Economics Letters, Elsevier, vol. 49(1), pages 39-43, July.
- John K.-H Quah, 2007. "The Comparative Statics of Constrained Optimization Problems," Econometrica, Econometric Society, vol. 75(2), pages 401-431, 03.
- Milgrom, Paul & Roberts, John, 1990. "Rationalizability, Learning, and Equilibrium in Games with Strategic Complementarities," Econometrica, Econometric Society, vol. 58(6), pages 1255-77, November.
When requesting a correction, please mention this item's handle: RePEc:nuf:econwp:0609. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maxine Collett)
If references are entirely missing, you can add them using this form.