Comparative Statics, Informativeness, and the Interval Dominance Order.

We identify a natural way of ordering functions, which we call the interval dominance order and develop a theory of monotone comparative statics based on this order. This way of ordering functions is weaker than the standard one based on the single crossing property (Milgrom and Shannon, 1994) and s...

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Bibliographic Details
Main Authors: Quah, J, Strulovici, B
Format: Working paper
Language:English
Published: Nuffield College (University of Oxford) 2007