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For example, an individual demand curve is derived from a comparative statics exercise on the consumer's optimization problem (maximization of utility subject to a budget constraint).
The materials on this site are centered around a Microsoft Excel add-in called the Comparative Statics Wizard. The CS Wiz works with Excel's Solver to repeatedly resolve an optimization problem or ...
We elucidate a powerful yet simple method for deriving comparative statics conclusions for a wide variety of models: Monotone Comparative Statics (Milgrom and Shannon 1994). Monotone comparative ...
Here, we give a new proof of the entry comparative static, by way of a well-known property of deferred acceptance called respect for improvements. Our argument extends to yield comparative static ...
We prove a natural comparative static for many-to-many matching markets in which agents’ choice functions exhibit size-dependent discounts: reducing the extent to which some agent discounts additional ...
This paper explores and explains the application of the lattice theoretic approach to classic comparative statics in consumer theory. Through examples of preferences that are not quasiconcave, or not ...
Citations: Busse, Meghan. 2012. When Supply and Demand Just Won't Do: Using the Equilibrium Locus to Think about Comparative Statics.
It is sometimes said that when your only tool is a hammer every problem looks like a nail. That is a rather picturesque way of saying that, to a greater or lesser extent, we all tend to be prisoners ...