COMPARATIVE STATICS FOR QUANTITY IN THE TWO
Aggregate comparative statics
... We present results for two sets of complementary environments. First, we focus on aggregative games with strategic sub- stitutes. In games with strategic substitutes, each player’s payoff function is supermodular ...
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Robust Comparative Statics in Contests
... There are two competing forces acting on a player’s equilibrium payoff fol- lowing an increase in the prize. First, is a direct positive effect, since the value of winning the contest increases. Second, there is ...
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Comparative Statics with Consumption Externalities
... the comparative statics of consumer demand when there are consumption externalities in one commodity between two individu- ...the two individual case and for cases in which either there are ...
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Comparative Statics of Altruism and Spite
... of two competing firms may conceivably represent real profits for owners, ...The comparative statics seen in this example can be understood by examining the geometry of the reaction curve (Figure ...
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Comparative Statics in a Herding Model of Investment
... of comparative statics results for the probability of negative and positive information ...for two reasons: First, it allows a deeper understanding of the relationship between exogenous and ...
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Distributional comparative statics with heterogeneous agents
... distributional comparative-static ...distributional comparative-statics in a number of exam- ples from different economic ...yields quantity growth jointly with a growing inequality of firm ...
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Matched Charitable Contributions: Comparative Statics and Equilibrium
... Keywords: Charitable Contributions; Match Rate; Monotonic Transformation; Nash Equilibrium 1. Introduction Fundraising efforts by charities sometimes feature an offer to match individual contributions at a particular ...
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Monotone Comparative Statics for Games with Strategic Substitutes
... to two classes of ...strong comparative statics (that is, every equilibrium at a higher parameter value is greater than a given equilibrium at a lower parameter ...
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Essays in Information Economics and Monotone Comparative Statics
... provide sufficient incentives for the desired effort level, the principal must provide a large enough wage spread over outcomes. This may be prohibitively costly in the presence of risk aversion or limited liability. In ...
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Monotone comparative statics with separable objective functions
... Monotone comparative statics has proven to be an extremely useful tool in numerous economic ...of two supermodular functions is again supermodular, the sum of two logsupermodular functions ...
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A unified approach to comparative statics puzzles in experiments
... of two types of GH paradoxes that are explained by the ...stand comparative statics, it is not absolutely essential to have a theory of point predictions — it suffices to have a theory of reaction to ...
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Comparative Statics by Adaptative Dynamics and the Correspondence Principle
... This paper shows that if the new methods are endowed with the CP then they too yield unambiguous comparative statics. Two main ideas are developed, they are illustrated using the above example: 1. If ...
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Comparative Statics of Oligopoly Equilibrium in a Pure Exchange Economy
... ‘n’ increases. Thus the price of Y decreases. Since the price of Y decreases whatever was available to a buyer who was in the market before more sellers arrived, continues to be available after the increase in ‘n’. Thus ...
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Comparative Statics, English Auctions, and the Stolper-Samuelson Theorem
... in asymmetric environments with interdependent valuations. In this we follow Maskin (1992) and Krishna (2001). In the model each bidder observes a signal. For each bidder there is a distinct function that determines the ...
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Lecture 15: Comparative Statics Using The Ramsey Model
... • In the Solow model s is exogenous and could be higher or lower than α. But we can get some insight into the comparison between the two model by considering the optimal choice of s (in terms of maximizing ...
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Multiplier effect and comparative statics in global games of regime change
... of comparative statics results into the direct and multiplier e¤ects remains valid, the multiplier e¤ect loses its natural interpretation as capturing the change induced by adjust- ments in ...the ...
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Impure Public Goods and the Comparative Statics of Environmentally Friendly Consumption
... the comparative static properties of the model are highly dependent on whether substitutes for the green product are ...some comparative static results are ...the comparative static results depend on ...
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Discussion Paper Series. Network Comparative Statics. Andrew Harkins
... This paper has made two main contributions to the literature. The first is to develop a general framework for analyzing how changes to network structure affect equilibrium activity and welfare in the ...
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Coordination in Network Security Games: a Monotone Comparative Statics Approach
... does not satisfy the conditions of the proposition which is in agreement with the fact that the associated function ϕ GL is not monotone in v. It turns out that we often need to deal with cases where the choice sets are ...
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The Mechanics of Dualistic Models: "Comparable" Structures and Comparative Statics Results
... a two-sector model with institutional rules in both ...a two-sector economy where both sector wages are institutionally fixed - each sector is interpreted as employing individuals of different skills - and ...
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