Comparative statics of fixed points

Article Abstract:

A study on the comparative analysis of fixed points revealed an approach of relating the equilibria of different mappings, including games, to which supermodularity results do not apply. It was concluded that in a particular order wherein the mappings are increasing and ordered, the fixed points of different mappings are arranged in similar order. Additionally, a minimum of one higher (lower) fixed point in a higher (lower) mapping corresponds to each fixed point of lower (higher) mapping.

Methods, Mappings (Mathematics), Maps (Mathematics)

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An equivalence principle for perfectly competitive economics

Article Abstract:

Equivalence principle provides explanation of the competitive, core and value allocations solutions convergence in pure exchange economies. Pareto optimal analysis of the competitive, core and value allocations solutions show effectiveness only when performing accordingly on the induced global trade behavioral constraints of traders' endowments and preferences, comparison, consistency and limited growth.

Models, Competition (Economics)

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