Embargoed until 2021-09-24
- Journal Article
This paper identifies a necessary and sufficient condition for index-wise comparative statics, which can: (i) establish comparative statics of a single decision without solving the entire model and (ii) enable analysis in settings where substitutability among variables otherwise precludes the use of current comparative statics methods. We prove this result with an extended version of lattice theory. By means of an example, we highlight the advantages as well as disadvantages offered by index-wise comparative statics. Show more
Journal / seriesMathematical Social Sciences
Pages / Article No.
SubjectMonotone comparative statics; Quasi-ordered sets; Necessary and sufficient condition
Organisational unit03784 - Helbing, Dirk / Helbing, Dirk
02045 - Dep. Geistes-, Sozial- u. Staatswiss. / Dep. of Humanities, Social and Pol.Sc.
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