The Comparative Statics of Constrained Optimization Problems

  title={The Comparative Statics of Constrained Optimization Problems},
  author={John K.-H. Quah},
The objective of this paper is to develop and apply some new results in the theory of monotone comparative statics. Let f be a real-valued function defined on R, and consider the problem of maximizing f(x) when x is constrained to lie in some subset C of R. We develop a natural way of ordering constraint sets and identify the conditions on f which guarantee… CONTINUE READING

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