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.
