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Nonparametric Comparative Statics and Stability (Hardcover)
Loot Price: R3,327
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Nonparametric Comparative Statics and Stability (Hardcover)
Series: Princeton Legacy Library
Expected to ship within 10 - 15 working days
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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 editions preserve the
original texts of these important books while presenting them in
durable paperback and hardcover 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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