[Free read ebook] Supermodularity and Complementarity (Frontiers of Economic Research)






#1330555 in eBooks 2011-02-11 2011-02-11File Name: B00B5KTY4M

0 of 0 people found the following review helpful. Five StarsBy Ursis MajorThis is one of the twentieth century's most important books on mathematical economics and operations research.4 of 6 people found the following review helpful. Comprehensive and mathematically rigorousBy Serguei NetessineSupermodularity and complementarity is an often overlooked area in economics and optimization. Few books devote any time at all to this subject (for a brief and simple coverage of the topic see book by SuAbout the AuthorDonald M. Topkis is a Professor at the University of California at Davis.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 ...


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