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Strong Comparative Statics of Equilibria
dc.contributor.author | Echenique, Federico | |
dc.contributor.author | Sabarwal, Tarun | |
dc.date.accessioned | 2012-03-27T13:37:13Z | |
dc.date.available | 2012-03-27T13:37:13Z | |
dc.date.issued | 2003-02 | |
dc.identifier.citation | Echenique, Federico and Tarun Sabarwal (2003): “Strong Comparative Statics of Equilibria,” Games and Economic Behavior, 42(2), Feb., 307-314. http://dx.doi.org/10.1016/S0899-8256(02)00548-1 | |
dc.identifier.uri | http://hdl.handle.net/1808/8828 | |
dc.description | This is the Author's Final Draft. The original published version can be found at: http://dx.doi.org/10.1016/S0899-8256(02)00548-1. | |
dc.description.abstract | Some results in the monotone comparative statics literature tell us that if a parameter increases, some old equilibria are smaller than some new equilibria. We give a sufficient condition such that at a new parameter value every old equilibrium is smaller than every new equilibrium. We also adapt a standard algorithm to compute a minimal such newer parameter value and apply this algorithm to a game of network externalities. Our results are independent of a theory of equilibrium selection and are valid for games of strategic complementarities. | |
dc.language.iso | en_US | |
dc.publisher | Elsevier | |
dc.subject | Comparative statics | |
dc.subject | Computing equilibria | |
dc.subject | Strategic complementarities | |
dc.subject | Supermodular games | |
dc.title | Strong Comparative Statics of Equilibria | |
dc.type | Article | |
kusw.kuauthor | Sabarwal, Tarun | |
kusw.kudepartment | Economics | |
kusw.oastatus | fullparticipation | |
dc.identifier.doi | 10.1016/S0899-8256(02)00548-1 | |
kusw.oaversion | Scholarly/refereed, author accepted manuscript | |
kusw.oapolicy | This item meets KU Open Access policy criteria. | |
dc.rights.accessrights | openAccess |