The authors, leading researchers in the fields of mathematical
economics and methodology, present the first comprehensive
synthesis of literature on qualitative and other nonparametric
techniques, which are important elements of comparative statics and
stability analysis in economic theory. The topics covered show how
to assess the comparative statics and stability of economic models
without a precise quantitative knowledge of all model components.
Applications of the analysis range from determining refutable
hypotheses from theory to auditing the solutions of large,
computer-based systems.
This book discusses in depth the methodology involved in a
nonparametric analysis of many neoclassical economic models.
Constituting a virtually self-contained manual on such analysis, it
provides detailed derivation of necessary and sufficient conditions
for the existence of restrictive comparative statics and stability
results for a range of specified models. Further, algorithms for
applying certain of these conditions are given, with examples, as
well as the underlying mathematical approach taken.
A large body of research is unified covering issues that have
been dealt with piecemeal in scattered but important journal
articles by the authors and others. The book will prove invaluable
to mathematical economists, mathematicians specializing in matrix
or graph theory, applied economists working with large-scale
economic models, and advanced students of economics.
Originally published in 1999.
The Princeton Legacy Library uses the latest print-on-demand
technology to again make available previously out-of-print books
from the distinguished backlist of Princeton University Press.
These paperback editions preserve the original texts of these
important books while presenting them in durable paperback
editions. The goal of the Princeton Legacy Library is to vastly
increase access to the rich scholarly heritage found in the
thousands of books published by Princeton University Press since
its founding in 1905.
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