/5
0 avis
Article
Lattice Theory and the Consumer’s Problem.
in Mathematics of Operations Research, 33 (2)
ISSN : 0364-765XVoir la revue «Mathematics of Operations Research»
Autres numéros de la revue «Mathematics of Operations Research»
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 differentiable, or not continuous, the approach is shown to characterize income effects more powerfully than the standard approach. The underlying partial order is key to applying the method. Therefore, several adapted partial orders are introduced and discussed.
Chargement des enrichissements...