On the monotonicity of an optimal choice with respect to a parameter (Q5895123)
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scientific article; zbMATH DE number 5621360
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English | On the monotonicity of an optimal choice with respect to a parameter |
scientific article; zbMATH DE number 5621360 |
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On the monotonicity of an optimal choice with respect to a parameter (English)
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26 October 2009
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This paper surveys the literature on monotonicity of an optimum with respect to a parameter on a lattice, the best known paper being [\textit{P. Milgrom} and \textit{C. Shannon}, Econometrica 62, No. 1, 157--180 (1994; Zbl 0789.90010)]. A new result is Theorem 8, which gives sufficient conditions for the optimal choice mapping on a relatively complete sublattice to have a monotone selection.
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lattice
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monotone selection
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optimal choice
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