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SUPERMODULAR FUNCTION

  • Supermodular function
  • Class of mathematical functions

    In mathematics, a supermodular function is a function on a lattice that, informally, has the property of being characterized by "increasing differences

    Supermodular function

    Supermodular_function

  • FKG inequality
  • Correlation inequality

    nonnegative function on it, that is assumed to satisfy the (FKG) lattice condition (sometimes a function satisfying this condition is called log supermodular) i

    FKG inequality

    FKG_inequality

  • Submodular set function
  • Set-to-real map with diminishing returns

    coverage. Supermodular function Matroid, Polymatroid Utility functions on indivisible goods H. Lin and J. Bilmes, A Class of Submodular Functions for Document

    Submodular set function

    Submodular_set_function

  • Topkis's theorem
  • Theorem in mathematical economics

    let D {\displaystyle D} be a lattice, and let f {\displaystyle f} be supermodular in x {\displaystyle x} and have increasing differences in ( x , θ ) {\displaystyle

    Topkis's theorem

    Topkis's_theorem

  • Utility functions on indivisible goods
  • possible utility function for this case is given at the right. A utility function is additive if and only if it is both submodular and supermodular. Subadditivity

    Utility functions on indivisible goods

    Utility_functions_on_indivisible_goods

  • Paul Milgrom
  • American economist (born 1948)

    Indeed, they show that their concept of quasi-supermodularity (a generalization of supermodular function) along with the single-crossing property, is necessary

    Paul Milgrom

    Paul Milgrom

    Paul_Milgrom

  • Strategic complements
  • Game theory concept

    {\displaystyle i\neq j} . Equivalently, this means that the function Π {\displaystyle \,\Pi } is supermodular. On the other hand, the decisions are strategic substitutes

    Strategic complements

    Strategic_complements

  • Index of economics articles
  • effect – Sunk costs – Sunspot equilibrium – Sunspots (economics) – Supermodular function – Supply and demand – Supply-side economics – Surplus value – Sustainable

    Index of economics articles

    Index_of_economics_articles

  • Cooperative game theory
  • Game where groups of players may enforce cooperative behaviour

    Specifically, a game is convex if its characteristic function v {\displaystyle v} is supermodular: v ( S ∪ T ) + v ( S ∩ T ) ≥ v ( S ) + v ( T ) , ∀  

    Cooperative game theory

    Cooperative_game_theory

  • Monotone comparative statics
  • f(x)-f(x\wedge x').} Every supermodular function is quasisupermodular. As in the case of single crossing differences, and unlike supermodularity, quasisupermodularity

    Monotone comparative statics

    Monotone_comparative_statics

  • Deficiency (graph theory)
  • Refinement of perfect matching theorems

    properties of upper-bounded supermodular set functions. In a non-bipartite graph, the deficiency function is, in general, not supermodular. A graph G has the Hall

    Deficiency (graph theory)

    Deficiency (graph theory)

    Deficiency_(graph_theory)

  • Knaster–Tarski theorem
  • Theorem in order and lattice theory

    applications to supermodular games. A supermodular game (also called a game of strategic complements) is a game in which the utility function of each player

    Knaster–Tarski theorem

    Knaster–Tarski_theorem

  • Additive utility
  • Concept in economics

    utility functions is weakly additive. A utility function is additive if and only if it is both submodular and supermodular. Utility functions on indivisible

    Additive utility

    Additive_utility

  • Mutual information
  • Measure of dependence between two variables

    {\displaystyle X} is a deterministic function of Y {\displaystyle Y} and Y {\displaystyle Y} is a deterministic function of X {\displaystyle X} then all information

    Mutual information

    Mutual information

    Mutual_information

  • Polymatroid
  • Multiset analogue of matroids

    submodular function f {\displaystyle f} such that f ( ∅ ) = 0 {\displaystyle f(\emptyset )=0} and E P f = E P {\displaystyle EP_{f}=EP} . For a supermodular f

    Polymatroid

    Polymatroid

  • Fuzzy measure theory
  • Theory of generalized measures in mathematics

    Submodular fuzzy measures result in convex functions, while supermodular fuzzy measures result in concave functions when used to define a Choquet integral

    Fuzzy measure theory

    Fuzzy_measure_theory

  • Comparative statics
  • Thought experiments

    The method uses lattice theory and introduces the notions of quasi-supermodularity and the single-crossing condition. The wide application of monotone

    Comparative statics

    Comparative statics

    Comparative_statics

  • List of Nobel Memorial Prize laureates in Economic Sciences
  • No-trade theorem, Market design, Reputation effects (game theory), supermodular games, monotone comparative statics, Linkage principle, Deferred-acceptance

    List of Nobel Memorial Prize laureates in Economic Sciences

    List of Nobel Memorial Prize laureates in Economic Sciences

    List_of_Nobel_Memorial_Prize_laureates_in_Economic_Sciences

  • Xavier Vives
  • Spanish economist (born 1955)

    lattice-theoretic methods to analyze games of strategic complementarities (or supermodular games), and in general complementarities, in economics. His contribution

    Xavier Vives

    Xavier_Vives

  • Institutional complementarity
  • Situations of interdependence among institutions

    complementarity is due to Masahiko Aoki and relies on the theory of supermodular games developed by Paul Milgrom and John Roberts. The basic structure

    Institutional complementarity

    Institutional_complementarity

  • Welfare maximization
  • valuations. When agents' utilities are superadditive set functions (more general than supermodular), a ( log ⁡ m ) 1 + ϵ m {\displaystyle {\frac {(\log m)^{1+\epsilon

    Welfare maximization

    Welfare_maximization

  • Strategic bankruptcy problem
  • Problem in mathematical sociology

    which yields the rule in a Nash equilibrium. Moreover, for monotone and supermodular bilateral principles, every subgame perfect equilibrium is coalition-proof

    Strategic bankruptcy problem

    Strategic_bankruptcy_problem

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