Monotone comparative statics
id:
monotone-comparative-statics-303-9442291
title:
Monotone comparative statics
text:
Monotone comparative statics is a sub-field of comparative statics that focuses on the conditions under which endogenous variables undergo monotone changes when there is a change in the exogenous parameters. Traditionally, comparative results in economics are obtained using the Implicit Function Theorem, an approach that requires the concavity and differentiability of the objective function as well as the interiority and uniqueness of the optimal solution. The methods of monotone comparative sta
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Monotone_comparative_statics
date created:
date modified:
2023-01-01T22:17:29Z
main entity:
{"identifier":"Q18391017","url":"https://www.wikidata.org/entity/Q18391017"}
image:
fields total:
13
integrity:
13