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A Generalized Theorem of the Maximum

Author

Listed:
  • Ausubel, Lawrence M
  • Deneckere, Raymond J

Abstract

This paper generalizes the Theorem of the Maximum (Berge (1963)) to allow for discontinuous changes in the domain and the objective function. It also provides a geometrical version of the (generalized) theorem.

Suggested Citation

  • Ausubel, Lawrence M & Deneckere, Raymond J, 1993. "A Generalized Theorem of the Maximum," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 3(1), pages 99-107, January.
  • Handle: RePEc:spr:joecth:v:3:y:1993:i:1:p:99-107
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    Citations

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    Cited by:

    1. Federico Echenique, 2002. "Comparative Statics by Adaptive Dynamics and the Correspondence Principle," Econometrica, Econometric Society, vol. 70(2), pages 833-844, March.
    2. White, Halbert & Xu, Haiqing & Chalak, Karim, 2014. "Causal discourse in a game of incomplete information," Journal of Econometrics, Elsevier, vol. 182(1), pages 45-58.
    3. Jean Guillaume Forand & Vikram Maheshri, 2012. "(De)Regulation and Market Thickness," Working Papers 1202, University of Waterloo, Department of Economics, revised Oct 2012.
    4. Yuichi Kitamura & Andres Santos & Azeem M. Shaikh, 2012. "On the Asymptotic Optimality of Empirical Likelihood for Testing Moment Restrictions," Econometrica, Econometric Society, vol. 80(1), pages 413-423, January.
    5. Marek Weretka, 2023. "An ordinal theorem of the maximum," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(1), pages 353-373, July.
    6. Jean Guillaume Forand & Vikram Maheshri, 2012. "(De)Regulation and Market Thickness," Working Papers 1202, University of Waterloo, Department of Economics, revised Oct 2012.
    7. Naqvi, Nadeem, 2010. "A theory of dynamic tariff and quota retaliation," MPRA Paper 27656, University Library of Munich, Germany.
    8. Basak Altan, 2020. "Dynamic Durable Goods Monopoly and Market Power," Games, MDPI, vol. 11(2), pages 1-14, May.
    9. Acemoglu, Daron & Jensen, Martin Kaae, 2013. "Aggregate comparative statics," Games and Economic Behavior, Elsevier, vol. 81(C), pages 27-49.
    10. Stephane Verani, 2018. "Aggregate Consequences of Dynamic Credit Relationships," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 29, pages 44-67, July.
    11. Kai-Uwe Kuhn, 1997. "Nonlinear Pricing in Vertically Related Duopolies," RAND Journal of Economics, The RAND Corporation, vol. 28(1), pages 37-62, Spring.
    12. Oliwia Komada, 2021. "Welfare and macroeconomic effects of family policies: insights from an OLG model," GRAPE Working Papers 62, GRAPE Group for Research in Applied Economics.
    13. Norman, Thomas W.L., 2018. "Inefficient stage Nash is not stable," Journal of Economic Theory, Elsevier, vol. 178(C), pages 275-293.
    14. Raymond Deneckere & Meng-Yu Liang, 2001. "Bargaining with Interdependent Values," University of Western Ontario, Departmental Research Report Series 20017, University of Western Ontario, Department of Economics.
    15. Tsoy, Anton, 2018. "Alternating-offer bargaining with the global games information structure," Theoretical Economics, Econometric Society, vol. 13(2), May.
    16. Martin Dumav, 2013. "Health Insurance over the Life Cycle with Adverse Selection," 2013 Meeting Papers 1138, Society for Economic Dynamics.
    17. Ilya Segal, 1999. "Contracting with Externalities," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 114(2), pages 337-388.
    18. Raymond Deneckere & Meng‐Yu Liang, 2008. "Imperfect durability and the Coase conjecture," RAND Journal of Economics, RAND Corporation, vol. 39(1), pages 1-19, March.

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